LINE NEXT Signs MOU with SEGA to Develop Game for GAME DOSI

■ Agreement to bring one of SEGA’s popular video games to GAME DOSI through IP licensing
■ LINE NEXT aims to reach more global GAME DOSI users by partnering with a world-class gaming company
SEONGNAM, South Korea – July 10, 2023 – LINE NEXT Inc., LINE’s venture dedicated to developing and expanding the NFT ecosystem, announced today the signing of a memorandum of understanding (MOU) with SEGA CORPORATION (“SEGA”) to receive the license to one of SEGA’s classic games and bring it to the Web3 gaming platform GAME DOSI.

Through the agreement, LINE NEXT will receive the license to utilize one of SEGA’s immensely popular game IPs and develop it into a Web3 game. LINE NEXT will showcase this new title in GAME DOSI and support NFT production, digital payments, and marketing activities, as part of LINE NEXT’s plans to popularize Web3 gaming. Further details about the title will be revealed at a later date.

Headquartered in Japan, SEGA has for decades been one of the world’s leading video game and entertainment companies, developing and publishing games across multiple platforms and genres.

"LINE NEXT is pleased to be teaming up with SEGA to bring some exciting gaming to the Web3 space for gamers around the world," said Youngsu Ko, CEO of LINE NEXT. "Through this partnership, GAME DOSI will provide Web3 content that anyone can easily enjoy, including SEGA fans."

Launched in May, GAME DOSI is a Web3 gaming platform that provides user- and game-centered services under the slogan "Gamer First, Web3 Next." It has already unveiled six titles, including its in-house game "Project GD.” For more information, visit the GAME DOSI website: https://game.dosi.world

■ About LINE NEXT Inc.

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

■ About GAME DOSI

GAME DOSI is LINE NEXT’s global Web3 gaming platform. Under the slogan “Gamer First, Web3 Next,” the company aims to provide a game-centered platform that allows users to play Web3 games while building a community where users are free to own and trade digital goods.