Theta Network Launches in Japan with LINE Blockchain THETA.tv app

This article was first published on Stories by Theta Labs on Medium
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Theta Network is expanding to Japan through our partnership with LINE. After announcing our partnership with LINE Tech Plus (LTP) about 6 months ago, we are officially launching THETA.tv for LINE Blockchain’s dApp. LINE is the most popular Japanese messenger app with more than 167 million monthly active users in key markets of Japan, Taiwan, Indonesia, and Thailand. LVC Corporation, a subsidiary of LINE Corporation and operator of LINE’s crypto asset and blockchain-related businesses, launched its crypto asset exchange BITMAX last year, opening up trading services to its messaging app users. LINK vouchers or tokens received from various dApps like THETA.tv can now be managed with their BITMAX Wallets linked to users’ LINE accounts, and open up new opportunities to fully leverage LINE’s user base.

Japanese mobile Android users can now download the App from Google Play Store and sign up to start watching popular live streams and earn rewards by sharing their excess bandwidth, powered by Theta network. With this partnership implementing LINE Blockchain, THETA.tv Japanese users can earn “HEARTS’’ which are TFUEL rewards behind-the-scenes and streamers can convert them to LINK seamlessly.

THETA.tv App is currently available globally, but Japanese streamers were unable to withdraw TFUEL due to Japanese regulations. However, with the LINE partnership they are now able to get LINK Rewards, a voucher that can then be exchanged for LINK. This is a major step forward for Theta Network and protocol, bringing premium content from global partners like MGM, Lionsgate, CONtv Anime, NASA and World Poker Tour to millions of Japanese users. LINE will also co-market and promote THETA.tv app roll out starting with LINE in-app banners in April, LINE Blockchain’s social channels for both Japanese users and global users.

“We’ve been working closely with the LINE team for the last six ...

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