domestic art exhibition – South Korean TV giant LG Electronics is increasing the added value of non-fungible tokens (NFT) in the field of art, with the launch of its new platform.
LG: NFT art for your living room
The future of NFT art is taking shape on TV screens. LG Electronics partnered with the decentralized Hedera network for the launch of a new NFT platform, the LG Art Workshopon the televisions of the South Korean giant.
This platform should allow NFTs “to go beyond the stage of computer collectables and become an exhibited work of art like any other. artwork in the house of its owner, “according to Christian Hasker, marketing director of Swirlds Labs and developer of Hedera.
LG Art Lab: reserved access to the platform
Like other NFT platforms such as OpenSea, LG Art Lab allows you to buy and sell non-fungible tokens, with the particularity that users of the LG marketplace will be able to carry out these operations from their televisions.
At the moment, only Americans, who have a working LG TV under webOS 5.0you can download the LG Art Lab application.
A first NFT meeting in September
One of the features of LG Art Lab allows you to view the profiles of the artists who will publish their works on the platform, as well as a preview of their works.
The Marketplace also displays a countdown to the next one drops by NFT. The first such event will take place September 22 later, with the release of metallic-looking NFT arts, by sculptor Barry X Ball.
As of this date, the platform is currently empty. Users can simply watch the teaser video of the sculptor’s upcoming loop launch.
USD Coin and LG’s crypto wallet in the spotlight
For future NFT purchases, LG Art Lab users will need to purchase Currency USD (USDC)which will act as a means of payment.
They will then have to scan a QR code that appears on their TV screens to open the app Wallypto, the crypto wallet developed by LG. This wallet is required to finalize a transaction on LG Art Lab.
With the launch of its new application, the LG Art Lab, LG Electronics follows in the footsteps of Samsung which unveiled its new range of smart TV, natively integrating an NFT platform.
Don’t wait for The Merge to perfect your investment strategy, it needs to be prepared upstream! Register now on the PrimeXBT platform to trade the king of cryptocurrencies (trade link).