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LG embraces NFT tech with ‘LG Art Lab’ smart TV application

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Korean electronics giant, LG, has become the latest high-profile manufacturer to include NFTs in its services Recently it launched its own ‘LG Art LabMarketplace for the latest range of smart televisions.

LG owners in the US are using the new app WebOS 5.0 And above can access the service directly from the home screen and engage in traditional buying, selling and trading of aesthetically pleasing digital assets. Additional access is provided through personal computers and smartphones.

Going forward, LG will offer a host of industry-based NFT collectibles through its new marketplace, which collectors can purchase using LG’s own smartphone-based crypto wallet, ‘Wallypto’. This feature provides an intuitive environment that works without any crypto knowledge required.

LG’s bold new direction in partnership with little-known Hedera Networks. An energy efficient proof of stock blockchain that promises carbon negative transactions is maintained for a fee of approximately $0.0001. A forward-thinking protocol that LG has developed a close relationship with since its return in 2020.

“LG Art Lab is designed to allow millions of users in the US to easily access and display NFTs without having to interact with code or the blockchain directly.” – Chris Joe – LG Electronics

The move follows in the footsteps of fellow tech juggernaut, Samsung, which released its own NFT platform earlier in the year.

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*All investment/financial opinions published by NFT Plaza are derived from the personal research and experience of our site moderators and are intended as educational material only. Individuals should do thorough research on any product before making any type of investment.



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