April 21, 2025
Blockchain

LG is now adding NFTs to its TVs a few months after the bubble burst

  • September 5, 2022
  • 0

LG has announced a new platform for users, LG Art Lab. View, buy and sell NFTs from TV. It was at the beginning of the year that the

LG is now adding NFTs to its TVs a few months after the bubble burst

LG has announced a new platform for users, LG Art Lab. View, buy and sell NFTs from TV. It was at the beginning of the year that the company announced its intention to offer this tool. At that time the explosion of NFTs was active. Now the fever seems to have dropped, but the development work is there and LG has decided to release it.

LG Art Lab is now available in the US and works with LG TVs running WebOS 5.0 or higher. To create this service, LG has partnered with Hedera, which allows you to purchase NFT. Via LG’s own mobile wallet Wallypto.

LG signed up for NFTs despite fever passing

Since September 2021 LG has been working on this project. They are released after a year. focus on art. This is a common approach to NFTs, although different from that of Samsung, which was the first company to introduce NFTs for televisions.

LG Art Lab 3 Scale

As with other NFT platforms, LG Art Lab will offer different Drops for users to have the opportunity to purchase NFTs from participating artists. At first, LG is promoting the work of Barry x Ball.

As the company explains, the Hedera network allows transactions of less than 0.0001 dollar cents, no additional associated costs.

A QR code will appear on the TV, which we can scan with the mobile phone. Next, we will be redirected to the Wallypto app to manage it. Well, LG will use its televisions as a “showcase” of its work with NFT, which it wants to promote.. For televisions, it’s a new tool to catch the fire that exists for this utility, but now the blast seems to have passed.

More info | LG

Source: Xataka

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