LG Electronics launches NFT platform based on Hedera Hashgraph

by in Cryptocurrency News

LG electronics

The South Korean corporation LG Electronics has launched an NFT platform with the support of Hedera developers.

LG Art Lab 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 app,” the announcement says.

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Representatives of the Hedera project emphasized that almost a fifth of TV sets sold worldwide are produced by LG Electronics.

The new solution is available in the USA. One of the options of LG Art Lab allows you to view the profiles of authors and get acquainted with their upcoming works. There is also a countdown for future "drops" of non-fungible tokens.

Transactions are carried out using the patented Wallypto crypto wallet.