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Samsung Smart TV will use NFT platform

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The Samsung smart TVs of the future will have a built-in platform for browsing, buying, and selling NFTs.

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The Samsung smart TVs of the future will have a built-in platform for browsing, buying, and selling NFTs.

Samsung a South Korean giant announced a new smart TV lineup with an NFT platform integrated. Samsung’s Micro LED, Neo QLED and The Frame smart TVs come with the NFT Platform app that enables consumers to “discover, purchase and trade digital artwork,” according to an announcement on Monday.

“With demand for NFTs on the rise, the need for a solution to today’s fragmented viewing and purchasing landscape has never been greater,” company stated. This year, the company intends to launch the first smart TV marketplace aggregator and explorer. With this platform, viewers will be able to browse and trade NFTs without having to leave their sofa.

The NFT platforms and marketplaces that will be included in aggregation remain unclear, but Samsung promised not to interfere with image quality by altering preset values previously provided by NFT creators. In addition to integrating NFTs into its products, the South Korean multinational conglomerate has actively invested in NFT and metaverse projects through its venture capital arm, Samsung Next. Firm participated in an investment round for a metaverse gaming platform on Wednesday

Besides Samsung, other large companies have also moved into NFTs. Back in July 2021, Coca-Cola acquired a charity NFT. A month later, Visa acquired a $150,000 CryptoPunk NFT.

Also Read - Adidas Earns $23 Million from its first Ethereum NFT Drop 

Adidas a sport giant entered NFT universe with subtle motive to expand the company with present scenario of digital earning and successfully company was able to sell 30,000 Adidas Originals NFTs minted on the Ethereum blockchain.

Also Read - Fashion industry making a million dollar through NFT platform

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