Good TVs and NFTs collide: Samsung introduces the world’s first TV-based NFT platform

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Well-known electronics giant Samsung, maker of LCD and LED panels, laptops, cell phones, memory chips and televisions, announced that the company’s upcoming smart TVs will incorporate non-fungible token (NFT) technology.

Samsung unveils Smart TV with NFT capabilities

One of the largest electronics manufacturers in the world, Samsung Electronics, realized how popular NFTs are today and believes that it takes something to display these digital works of art. The US Samsung Newsroom published a summary of the company’s latest line of MICRO-LED, Neo-QLED and lifestyle televisions with “advanced personalization options”.

The NFT description can be found at the end of the announcement, which states that “Samsung’s 2022 Smart TVs Have a New Smart Hub.” In addition to functions such as the “Gaming Hub”, “Watch All” and an NFT platform. “This application offers an intuitive, integrated platform for discovering, buying and exchanging digital works of art via MICRO LED, Neo QLED and The Frame,” said Samsung’s announcement.

Samsung also spoke about the NFT platform on news publication The Verge as the company said it had noticed the popularity of NFT technology. The electronics giant says the new TVs will be the first of their kind with an NFT explorer and market.

“With the growing demand for NFTs, the need for a solution to today’s fragmented viewing and shopping landscape has never been greater. In 2022, Samsung will launch the world’s first TV-based NFT explorer and marketplace aggregator, a breakthrough platform that allows you to search, buy and view your favorite art – all in one place, “said Samsung.

Samsung’s entry into the world of NFTs came through a large number of well-known brands and celebrities who jumped on the NFT bandwagon. Over the past year, individual NFTs that have sold for millions in crypto assets and a number of NFT projects have hit billions of dollars in market cap.

Tags in this story

Marketplace Aggregator, New 2022 TVs, NFT Explorer, NFT Market, NFT TVs, Non Fungible Token, Samsung, Samsung Electronics, Samsung Newsroom, Samsung NFT, Samsung NFTs, Samsung Smart TV, Smart TVs, TVs, The Verge, TV NFT

What do you think of Samsung introducing the world’s first smart TV with NFT technology? Let us know what you think on this matter in the comments below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a Florida-based financial tech journalist. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for bitcoin, open source code and decentralized applications. As of September 2015, Redman has written more than 5,000 articles for Bitcoin.com News on the disruptive protocols emerging today.

Photo credit: Shutterstock, Pixabay, Wiki Commons

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