• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: World Liberty Financial Accuses Exchange Of Token Manipulation, Justin Sun Blacklisted
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: World Liberty Financial Accuses Exchange Of Token Manipulation, Justin Sun Blacklisted
LG

LG Unveils App That Enables Users To Buy, Sell NFTs Using Their Smart TV

Christian Encila
by Christian Encila
2 years ago
·
Posted in Uncategorized
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

LG Electronics, a South Korean electronics giant, announced on Monday the debut of its own non-fungible token app, LG Art Lab, which enables users to buy, sell and trade NFTs using their OLED Smart TV.

Currently, only U.S. users with an LG TV running webOS 5.0 or older versions can access the application. The app can be downloaded from the home screen of the television.

The company’s entry into the NFT market follows Samsung’s launch of an NFT marketplace on three of its Smart TVs, all of which are supported by Nifty Gateway.

LG Art Lab has a function that provides artist profiles, previews of their future projects, and a countdown to upcoming NFT “drops.” The platform’s market facilitates the exchange of digital items.

Related Reading: Hackers Mess With South Korea’s YouTube Channel To Play Elon Musk Crypto Video
Image: Gadgets 360

LG Teams Up With Hedera Blockchain

LG Electronics, headquartered in Seoul, is working in tandem with the Hedera blockchain, which supports the new platform, with transactions conducted via Wallypto, a smartphone digital wallet created by the South Korean company that is presently in beta trials.

There are various motivations for an NFT purchase. In the eyes of some, these are investments rather than collectibles. Some people have an interest in digital assets because they enjoy the art or technology behind them, while others are simply curious and want to play around with them.

Usability is a fundamental component of the company’s design idea. Its new platform will utilize the company’s mobile crypto wallet Wallypto, and NFTs may be purchased by just scanning a QR code, after which they can be sold on the LG Art Lab Marketplace.

LG Gets Rid Of Access Barriers

Chris Jo, senior vice president and head of platform business for the home entertainment division of LG Electronics, told TechCrunch:

“Wallypto, which is based on Hedera, has been under development since September 2021… The wallet’s beta version was released this week in August.”

LG and Hedera partnered for the first time in 2020, when the former joined IBM, Google, Ubisoft, and Deutsche Telekom on Hedera’s governing council.

Related Reading: Crypto Expert Gets Job As Chief Of Saudi Arabia’s Central Bank Digital Assets Program

LG Art Lab is intended to make it simple for millions of consumers in the United States to access and display NFTs “without having to deal with code or directly with a blockchain,” Jo explained.

Verified Market Research (VMR), a global market research and consultancy group, forecasts that the value of the NFT market would increase to $230 billion by the year 2030, in a recent market analysis.

VMR estimated the worldwide NFT industry at $11.3 billion in 2021 and predicts it will increase at a compound annual growth rate of 34% over the next eight years.

Crypto total market cap at $959 billion on the daily chart | Source: TradingView.com

Featured image from TheNewsCrypto, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Christian Encila

Christian Encila

Follow

Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.

Full Profile

Related Posts

SharpLink Now Holds 837K Ethereum Worth $3.6B – ETH Treasury Strategy Continues

SharpLink Now Holds 837K Ethereum Worth $3.6B – ETH Treasury Strategy Continues

1 hour ago
Dati On-Chain Mostrano che Oltre la Metà dell’Offerta di Ethereum è Detenuta da Soli 10 Indirizzi

Dati On-Chain Mostrano che Oltre la Metà dell’Offerta di Ethereum è Detenuta da Soli 10 Indirizzi

11 hours ago
Biến 750 USD thành 1.500.000 USD: Năm 2021 là Shiba Inu, năm 2023 là Pepe Coin – Đồng penny token nào sẽ là tiếp theo?

Biến 750 USD thành 1.500.000 USD: Năm 2021 là Shiba Inu, năm 2023 là Pepe Coin – Đồng penny token nào sẽ là tiếp theo?

15 hours ago
Altcoin ẩn dưới 1 USD sẵn sàng tăng 55.000%,

Altcoin ẩn dưới 1 USD sẵn sàng tăng 55.000%, dự kiến vượt Dogecoin và Cardano vào tháng 1 năm 2025

16 hours ago
crypto

Crypto Adoption 2025: India, US, And Pakistan Secure Top 3 Spots In Global Index

21 hours ago
MEXC’s Zero-Fee Futures Strategy Fuels Record Q2 Growth

MEXC’s Zero-Fee Futures Strategy Fuels Record Q2 Growth as Traders Pivot to Stablecoins and DeFi

1 day ago
Please login to join discussion

Premium Sponsors

Press Releases

  • miner

    ADA’s path to long-term success: Integrating with...

    5 hours ago
  • Bitget and Bitget Wallet Support Trading of Over 100...

    8 hours ago
  • miner

    XRP Price From a High of $3.65 to a Low of $2.72: How GMO...

    11 hours ago
  • miner

    7 Trending Crypto Mining Apps This Year That Give Free...

    13 hours ago
  • mining

    6 Most Reliable Crypto Mining Software to Help Miners...

    14 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.