NFT is currently popular. Non-fungible tokens are available on a variety of exchanges. TVs are one of them. Samsung recently announced that NFTs will be available on its televisions. LG made a similar announcement today, stating that users can “buy, sell, and enjoy high-quality digital artwork” directly from the TV via its NFT marketplace, LG Art Lab.
Unfortunately, the app is only available to users in the United States. Furthermore, their LG TVs must run webOS 5.0 or later. The LG marketplace, according to the official statement, allows users to buy and sell NFT artworks. The first set will be released on September 22nd. It will include metallic-looking NFTs designed by sculptor Barry X Ball.
The First Batch of NFT Digital Art Will Be Available Later This Month.
The Verge’s guys have already tried it out. According to their reports, no new skills are required for app installation. However, as previously stated, there is currently nothing to purchase. You’ll be able to get your hands on the first set as soon as it appears in the LG Art Lab. You only need to scan the QR code that appears on the screen. Then, on your phone, launch the Wallypto app and complete the transaction. As a reminder, make sure you have USD Coins (USDC) in your wallet before proceeding. It is a stablecoin that should be pegged to the US dollar, for those who are unaware.
The LG Art Lab, by the way, is based on Hedera. The latter bills itself as the “most used, long-lasting enterprise public ledger for the decentralised economy.” The Hedera network does not operate on the blockchain, which makes this platform unique. Instead, it employs a blockchain alternative, hashgraph. The Hedera network has only a few corporations that are considered governing members.