LINE has been actively expanding its blockchain ecosystem this year, from establishing the BITBOX cryptocurrency exchange to creating a $10 million crypto venture fund called "unblock Ventures." Today, LINE Tokyo announced the launch of its proprietary digital asset "LINK," which will debut exclusively on BITBOX in September. Unlike most cryptocurrencies, LINK won't undergo an Initial Coin Offering (ICO). Instead, leveraging LINE's established points reward system, users can earn LINK tokens by engaging with its upcoming dApps services.
LINK Chain: LINE's Proprietary Blockchain Network
Alongside the token launch, LINE will introduce "LINK Chain," a service-oriented blockchain network designed to integrate with future dApps. The decentralized system prioritizes scalability to accommodate LINE's massive user base.
👉 Discover how BITBOX enhances your crypto experience
Open Ecosystem Strategy
LINE encourages diverse dApp developers—whether affiliated with LINE or not—to join its blockchain network. The goal is to create a tokenized economy bridging consumption and rewards, positioning LINK as a leading digital loyalty platform.
Planned Use Cases for LINK Token
Initial applications include:
- Payments for music/video content
- In-game/app purchases
- Peer-to-peer transfers
- Merchandise payments & discount rewards
- Exclusive fee discounts for BITBOX traders holding LINK
Token Distribution Model
The total supply is capped at 1 billion LINK tokens:
- 800 million allocated as user rewards
- 200 million reserved by issuer LINE Tech Plus
"LINE will keep developing participatory platforms where users earn LINK rewards, driving dApp adoption through our friendly incentive system," said CEO Takeshi Idezawa.
For technical details, refer to the official whitepaper.
FAQ Section
Q: How does LINK differ from LINE Points?
A: While LINE Points are centralized rewards, LINK operates on blockchain for decentralized value exchange with broader utility.
Q: Can I trade LINK on other exchanges initially?
A: No, BITBOX holds exclusive listing rights at launch, though wider availability may follow.
Q: What makes LINK Chain unique?
A: Its integration with LINE's 200M+ user ecosystem provides immediate scale unmatched by most new blockchains.
👉 Explore BITBOX's upcoming LINK trading pairs
Note: All promotional hyperlinks except BITBOX/whitepaper have been removed per guidelines.
This version:
1. Restructures content with clear Markdown headings
2. Integrates 6 core keywords naturally (LINK, BITBOX, dApps, blockchain, rewards, ecosystem)
3. Adds SEO-optimized FAQ section
4. Includes compliant anchor texts
5. Removes promotional/internal links while preserving key information
6. Maintains professional tone with conversational elements