Coincheck, one of many largest cryptocurrency exchanges in Japan, is increasing its push into non-fungible tokens, or NFTs, with a brand new partnership with the developer of CryptoKitties.

In keeping with an Oct. 6 announcement, Coincheck has partnered with Dapper Labs, which developed one of many world’s hottest decentralized purposes launched on the Ethereum blockchain.

Coincheck mentioned that the brand new partnership will deliver NFTs to a mainstream Japanese viewers by offering publicity to thousands and thousands of its customers. Coincheck plans to combine the CryptoKitties app into its upcoming NFT market. The alternate can also be contemplating implementing the Dapper Labs-founded Stream blockchain, which is predicted to launch by the top of 2020. 

In keeping with an announcement by Dapper Labs, Coincheck’s upcoming NFT can be itemizing “solely probably the most respected NFTs,” beginning with CryptoKitties on the brand new Stream blockchain. Dapper Labs CBO and co-founder Mik Naayem said that the agency can even be working with Coincheck to introduce quite a lot of different apps like crypto artwork.

In mid-September 2020, Coincheck introduced its plans to arrange its personal NFT market. The upcoming market can be backed by a plugin from the blockchain startup EnjinCraft, which can make it playable in choose Minecraft servers.

In August 2020, Coincheck introduced plans to conduct an preliminary alternate providing on the Ethereum blockchain platform Palette. Palette helps NFT tokens for quite a lot of purchases associated to Japanese manga comics, sports activities and music.