LG Electronics Corporation has created an NFT platform based on Hedera Hashgraph.
Governing Council Member @LGElectronics has launched LG Art Lab — built on @Hedera — enabling LG TV owners to buy, sell and showcase #HederaNFTs from their screens. All LG TVs running webOS5.0 will be able to interact with the LG Art Lab app. #HelloFuturehttps://t.co/KQBUgaE2j5
— Hedera (@hedera) September 5, 2022
LG’s new Art Lab platform allows users to buy, sell and display digital collectibles through TVs.
“All LG products running webOS 5.0 will be able to interact with the application,” the announcement said.
In addition, the development team Project Hedera emphasized that almost a fifth of TVs sold worldwide are produced by LG Electronics.
19.2% of all TVs sold worldwide in Q1 2022 were made by @LGElectronics. Welcome to real-world adoption powered by @Hedera.
— Hedera (@hedera) September 5, 2022
This option is already available in the US. Among the functions of LG Art Lab is to view the profiles of authors to get acquainted with their upcoming works. There is also a countdown for future “drops” of non-fungible tokens.
Transactions are made using patented Wallypto crypto wallet.