NFT News

LG Electronics Develops TV That Allows Users to Trade NFTs

LG Electronics Looks to Patent New TV with NFT Trading Capabilities

Electronics manufacturer LG is looking to revolutionize the way non-fungible tokens (NFTs) are traded by filing a patent for a TV that allows users to buy and sell NFTs.

According to reports, the TV would be able to connect to an NFT market server and allow users to view artwork and make purchases using their cryptocurrency wallets, which would be linked to the TV.

LG’s move to apply for a patent suggests that it sees continued demand for NFTs and an opportunity to tap into this market by making it more accessible to the average consumer.

LG has been exploring NFTs since last year when it launched its Art Lab marketplace on the Hedera Network. Samsung is also seeking to capitalize on this emerging market by launching an NFT marketplace on three of its TVs, powered by Nifty Gateway.

As consumer interest in NFTs continues to grow, it is likely that other electronics companies will follow suit and incorporate NFT trading capabilities into their products.

James Wilson is a crypto writer and researcher with over 5 years of experience in the industry. He is a graduate of the University of California, Berkeley, where he studied computer science and economics. After graduating, he worked as a software engineer at a major tech company before transitioning to a career in crypto.