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“Coincheck”, a Japanese cryptocurrency exchange, allows users to trade Bitcoin, Ethereum, Ripple, and many other altcoins on the platform. The platform has over 1.6 million verified accounts as of March, 2022. In addition to trading crypto assets, Coincheck also offers a variety of other services, including the lending crypto asset service with up to 5% per annum. If you have a Coincheck account, you can start the lending crypto asset service right away. Also, if you have coins that you have left untouched, you can increase your assets by depositing them in the account of the cryptocurrency lending service.
Coincheck NFT β version
As of June 2022, “Coincheck NFT (β version)” has more than ten different NFT titles added to the platform, including The Sandbox, Decentraland, Artblocks, Generativemasks and Otherside. “Coincheck” is expected to increase the number of titles it handles in the future, and will play a role in promoting NFTs on the Japanese market.
“Coincheck NFT (β version)” started to handle “Generativemasks,” a NFT collection of Japanese generative art in May 2022. The 10,000 NFT collection of generative art by Shunsuke Takao, who creates art by writing computer programs, was first exhibited on August 17, 2021, and was sold for over 300 million Yen at that time in just two hours.
Also, “Coincheck” has purchased “Otherdeed (NFT),” a land on “Otherside,” a new metaverse project developed by Yuga Labs, the company behind the NFT collection “Bored Ape Yacht Club”. Coincheck sells the acquired “Otherdeed” on “Coincheck NFT (β version)” and will consider initiatives to create a new customer experience that crosses the metaverse and NFT. “Otherside” is a web3-compatible metaRPG game field. The demo video of “Otherside” attracted a lot of attention after its release in March 2022, and the sales of “Otherdeed” on the first day of its launch in April 2022 attracted a flood of prospective buyers, and the 55,000 lots of “Otherdeed” that were sold out by the end of the day.
Miime is a service provided by Coincheck Technologies Corporation and is a marketplace where non-fungible tokens (NFT) such as characters and items from blockchain games can be easily bought and sold for crypto assets or Japanese yen. miime is selling ESTATE (NFT) land on the metaverse of The Sandbox on May 17, 2022. “ESTATE” is a large parcel of land connected by LAND (1 x 1) and for this 4th sale, 25 ESTATEs in the area around “Oasis TOKYO”, which is produced by Coincheck, As of 24nd, June.