South Korea-based digital manufacturer LG Electronics has launched a new NFT platform in collaboration with Hedera blockchain.
While Swiss-based Tag Heuer became the first watchmaker in June to announce a tool to allow watch owners to display NFTs on their smartwatches, the Seoul-headquartered television company has become another top company to add value to the NFT space with this new mew move.
The company also announced that LG Art Lab is available on television webOS 5.0 or later in the US.
The platform also allows users to preview the profile of artists and their upcoming work, along with a countdown to their upcoming NFT releases. Its marketplace provides a venue for trading pieces.
According to a report from Blockchain.News, LG Electronics is launching Wallypto as a part of plans to expand its business scope to include platforms and software.
Wallypto will help the tech giant enter the blockchain or NFT market in earnest.
Per the announcement, "it is also expected to actively...
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