Tech Giant LG is Getting a Piece of the NFT Space
Following in Samsung’s footsteps, LG is now also getting in on the NFT space. The tech giant brings purchasing, selling and browsing NFT artwork possible from your TV screens. They have released a marketplace, LG Art Labs, an app accessible if your device has access to webOS 5.0 or later versions.
The first NFTs to be released on the platform will happen later this month around the 22nd and will feature sculpture NFTs from Barry X Ball.
The app is still in development and is just the basic skeleton for now, but we’re excited to see what LG will make of it. You will need to purchase USDC (a stablecoin) in the Wallypto app to complete transactions.
What’s different about the marketplace is it is built on Hedera, a hashgraph that is not tied to a blockchain. You can expect monthly NFT drops from LG on LG Art Labs, and you can eventually display your tokens when your TV is not in use, similar to the Samsung Frame TV.