What is LG Art Lab (NFT)?

LG Electronics said today it has released itsnon-fungible token (NFT) platform LG Art Lab, which lets users discover, buy, sell and trade NFTs on LG’s smart TVs. The announcement comes roughly eight months after LG Electronics said at its press conference that it plans to incorporate NFT features into its smart TV.

Is LG Art Lab a leading curator of digital art?

With the latest upgrades, LG Art Lab further solidifies its position as a leading curator of digital art. Fine art lovers can now simply and securely purchase curated digital artwork at home via LG Art Lab on LG Smart TVs with Blade Wallet, the network’s fastest growing wallet.

Can you buy NFTS from Hedera?

LG Electronics partnered with the Hedera network to offer an app that enables users to purchase NFTs viaWallypto, LG’s crypto wallet for smartphones. “Wallypto, built on Hedera, has been developing since September 2021,” Chris Jo, senior vice president, head of platform business at LG Electronics home entertainment company, told TechCrunch.

Who's supporting Hedera?

While LG is making headlines today for its introduction of NFT art through its TVs, a look at who's supporting Hedera via the Hedera Council reveals there are some major companies lining up to get into NFTs in the future; the likes of Google, IBM and Ubisoft are all involved.