The Messenger Line will use its own crypto currency. The popular Japanese application will release branded tokens in the amount of 200 million for its users this month.
Based on the results of the first launch of crypto-currency for Line, the additional number of units of calculation (800 million) will be evenly distributed among all the messenger fans. In September, the first two programs will be released, the basis for which will be a special blockchain. In the first quarter of 2019, the total number of applications using this technology will exceed to 10 units.
The management of the company said that tokens will be used as motivation for users involved in the formation of decentralized applications based on the company’s network. At the same time, it will not be possible to use the cryptocurrency before obtaining a license for crypto-birge from the Japanese regulator.