ReadON and LINE NEXT achieve success with Season 2 digital item sale, celebrate strategic partnership

ReadON, a leading decentralized content platform boasting a vibrant community of over 1 million Web3 enthusiasts, announced its strategic partnership with LINE NEXT, LINE’s venture dedicated to developing and expanding the Web3 ecosystem
ReadON, a leading decentralized content platform boasting a vibrant community of over 1 million Web3 enthusiasts, announced its strategic partnership with LINE NEXT, LINE’s venture dedicated to developing and expanding the Web3 ecosystem

ReadON, a leading decentralized content platform boasting a vibrant community of over 1 million Web3 enthusiasts, announced its strategic partnership with LINE NEXT, LINE’s venture dedicated to developing and expanding the Web3 ecosystem. This alliance was officially commenced on February 19th, marking a significant milestone in the exploration and expansion into the global Web3 market.

Following this initiation, ReadON and LINE NEXT’s digital commerce platform DOSI launched the eagerly anticipated Season 2 of ReadON’s digital item sale on February 21st and 22nd. The launch was met with overwhelming success, achieving a remarkable sell-out within just 15 minutes after the start of each day's sale.

This strategic collaboration and the launch of Season 2 were propelled by the phenomenal success of the initial launch sale on January 23rd. The debut of co-branded digital products, ”DOSI Cattos“ and “DOSI ReadON Passes” witnessed an unparalleled demand, selling out within 30 minutes for four consecutive days. This fervent reception from the users was underscored by a 10-second sell-out on day 1, showcasing the community's robust enthusiasm and support.

In the wake of the strategic partnership, ReadON and LINE NEXT have executed a Memorandum of Understanding, outlining the next phases of their strategic partnership. Together, they are committed to the co-creation of innovative digital products and services, mutual enhancement of brand visibility, and the exploration of new business models.

About ReadON

ReadON is a leading decentralized Web3 content aggregation and distribution community and the creator of a content application chain addressing revenue sharing and content moderation issues of Web2. Servicing over 100 B2B clients, including top exchanges and growth platforms, ReadON also boasts its own Web3 content aggregation app, ReadON DAO, which has been embraced by over 1 million users. Following its fair launch of BRC-20 inscription $REON, ReadON has also kicked off its development of the Bitcoin ecosystem, with a strong commitment to establishing a foundational social and content infrastructure.

About LINE NEXT Inc.

Based in the United States, LINE NEXT Inc. is focused on growing the global Web3 business. Through building a Web3 ecosystem, LINE NEXT aims to provide new digital experiences and lead the way into the future.

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