LINK Rewards Program
Enjoy services you like and earn LINK Rewards!
As you earn “LINK Rewards,” you’ll be able to claim LINK.
What is LINK (LN)?
LINK (LN) is a crypto asset issued on the blockchain, a new form of investment asset with scarcity. It is the base coin of the LINE Blockchain, distributed to contributors based on network growth.
LINE Token Economy
LINE
Token Economy
By rewarding LINK to the contributors and expanding the usages of LINK, LINE is building an economic ecosystem where users and services can grow together
What can I do with LINK (LN)?
What are the features of LINK, LINE’s crypto asset that can be redeemed from LINK Rewards?
Acknowledging contributors
LINK is a base crypto asset of LINE Blockchain, and is designed to acknowledge contributors who helped service growths.
Expanding use cases
In near future, LINK will be able to be applied to a variety of use cases including purchasing in-LINE contents, E-commerce, fund transfer, game, etc.
Encashment / Payment
LINK can be exchanged to JPY on BITMAX, and then can be transferred to LINE Pay for shopping.
How can I get LINK (LN)?
User Rewards : LINK Rewards, earned as incentives in return of service usage, can be exchanged to LINK
Purchase at Exchanges : In Japan, LINK is available at BITMAX. LINK can be traded at exchanges that has listed LINK
What are the features of LINK?
What are the features of LINK, LINE’s crypto asset that can be exchanged from LINK Rewards?
Scarcity
LINK’s issuance amount is finite and has scarcity. The issuance amount of LINK (LN) is capped at 100 millions by year 2021.
- Unit PriceUSD 12.12
- Circulation Supply 5,959,999 LN
- Market CapUSD 72,219,892
- Trading Volume (24h)USD 307,047
Amount In Circulation: 5,959,999LN
Current Value: 12.12USD
Volatility
LINK (LN)’s value is determined by the demand and growth of the ecosystem
- Unit PriceUSD 12.12
- Circulation Supply 5,959,999 LN
- Market CapUSD 72,219,892
- Trading Volume (24h)USD 307,047
Amount In Circulation: 5,959,999LN
Current Value: 12.12USD
<About Crypto Asset LINK>
- LINK is a “crypto asset” as defined under Article 2, paragraph 5 of [Payment Services Act of Japan (Act No. 59 of 2009))].
- LINK is not a “legal tender” such as Japanese yen or US dollar. Please note that the value of LINK may fluctuate subject to changes in supply and demand.
- In order to receive LINK, you need a BITMAX account. (https://www.bitmax.me/)
- You need to go through an identity authentication process in order to open an account at “BITMAX, the crypto asset trading service”. Please check the requirements for opening an account in advance from “BITMAX Terms of Service”, since you cannot receive LINK if unable to open an account from BITMAX.
- For other precautions and risks on crypto assets, please check the “instruction of crypto asset trading（https://terms2.line.me/lvc_explanations）” from BITMAX.
<Glossary of LINK-related Terms>
- LINK: LINK (LN) is LINE’s crypto asset, and was first issued in August 2018. LINK (LN) is the native cryptocurrency of LINE Blockchain, and distributed to users contributing to service growth. LINK (LN) aims to be commonly used among a variety of services to increase its utility.
- LINK Rewards: LINK Rewards are tokens distributed to contributing users by services participating in the LINK Rewards Program. By searching “LINK Rewards,” you can request to redeem LINK according to the quantity you searched. The BITMAX Wallet displays “Receivable LINK”. On the BITMAX Wallet, it is displayed as ‘Exchangeable LINK.’
- Exchangeable LINK: The amount of LINK that users can attain from BITMAX Wallet. BITMAX service account creation is required for attaining LINK. There is an expiration period applied for exchangeable LINK; please be aware of the expiration period.
