Samsung’s recent announcement about implementing Blockchain-based tokens (NFTs) as a new form of payment for their upcoming TV production is groundbreaking. This promises to be the latest and greatest technology in NFT payments and will initially be implemented on Samsung’s 2022 lineup of TVs.
“The NFT Virtual Gallery features an integrated digital art community that makes it easy for you to find, buy, and show off your favorite artwork on MICRO LED, Neo QLED, and The Frame.
With more people wanting to buy rare digital items, it is necessary that they have a platform to purchase them from. NFTs are becoming increasingly popular and Samsung has seen the need for a solution.
“Samsung’s TV screens will be the first on the market to allow for NFT exploration. Whether you’re browsing, purchasing, or displaying some art – you’ll be able to do it all with us”, they say
The NFT platform will give creators a way to share their work with the world and let potential buyers “preview an NFT before purchasing it and learn about the history of the item as well as to know what blockchain metadata is linked to it.
The company plans to release additional information about the NFT platform in the future.
Non-fungible tokens (NFTs) are digital assets that have existed for years. The last few months, however, have seen them surge in popularity thanks to the explosion of crypto-collectibles and other types of blockchain-based art.
Non-fungible tokens (NFTs) allow the ownership of digital items to be transferred in cryptocurrencies. The Blockchain is used to keep track of who owns each object.
These can contain any digital media, including drawings, artwork, tweets, animated GIFs, songs, or video games.