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Rakuten enters the Japanese NFT market
According to recent reports, Rakuten plans to enter the NFT market in Japan. He's going to do it with his own Rakuten NFTs.
Rakuten NFT will be available in spring 2022
NFT is the focus of an increasing number of companies, one of which is Rakuten, who builds the NFT market. Its participants can purchase tokens related to various areas, such as sports and entertainment, taking the form of music and various types of animation. The Rakuten-shaped market allows tokens to be traded between individuals and IP holders.
The company plans to introduce Rakuten NFT in Japan next spring, which also entails the creation of new sales sites. There is therefore a new perspective for users to acquire IP owner-issued NFTs through Rakuten NFT and trade with each other.
New Perspectives
You will be able to use Rakuten ID to make the payment. The company will provide the opportunity to collect and then use points. It is also worth adding that owners of intellectual property rights will gain the opportunity to trade NFT without having to develop their own technology for this purpose. The platform can be used in conjunction with other services offered by Rakuten, and users receive NFT as compensation for purchasing products and complying with the terms of use.
NFT technology opens up new perspectives for the world of digital assets, providing them with unique data. The NFT market has enormous potential, which is why more and more industries, including the sports and entertainment industry, are interested in it.
About the Rakuten group
The Rakuten Group is a global company based on innovation and entrepreneurship. Rakuten also appreciated technology blockchaintherefore, in 2016, the company established its own research and development organization called Rakuten Blockchain Lab. The group's activities are aimed at the most effective use of available technologies and the democratization of the NFT market. Thanks to such activities, users will gain the opportunity to reap the benefits of NFT in the new market environment.
