The Samsung TV NFT support feature will include an intuitive, integrated platform for discovering, purchasing, and trading digital artwork through MICRO LED, Neo QLED, and The Frame.
Samsung, the Seoul-based leading electronics manufacturer, has revealed its plans to join other conglomerates in the non-fungible token (NFT) bandwagon. The TV manufacturer is designing a new “NFT Aggregation Platform” designed for its smart TVs.
Buy and display NFTs on Samsung Platform
According to the Korean-based company, the feature will be available on Samsung’s MicroLed, Neo QLED, and The Frame models. Using this new platform, users will now be able to browse and buy NFTs directly from their sets. The platform pulls in NFTs from several marketplaces, so users can preview the art and see other relevant details, like who created the work, as well as relevant blockchain metadata. The company’s statement said:
“With demand for NFTs on the rise, the need for a solution to today’s fragmented viewing and purchasing landscape has never been greater. […]In 2022, Samsung is introducing the world’s first TV screen-based NFT explorer and marketplace aggregator, a groundbreaking platform that lets you browse, purchase, and display your favorite art — all in one place.”
The initiative by Samsung will let creators share their art with the world and let potential buyers “preview an NFT before purchasing it and learn about an NFT’s history and Blockchain metadata.” The firm said it would reveal additional details about the NFT platform in the coming months.
Display your NFT collection
Users who already own NFTs can also use the platform to showcase their collections. Samsung notes that its “Smart Calibration” technology can automatically adjust the TV’s settings to match the specifications of the original creator to ensure the image is rendered on the TV as faithfully as possible.
Even though they have existed for years, NFTs have received a new lease of life for the last few months and given impetus to live to cryptocurrency and crypto-art. NFTs allow people to buy and sell ownership of unique digital items in cryptocurrencies and keep track of who owns them using the Blockchain. These can technically contain anything digital, including drawings, artworks, tweets, animated GIFs, etc. This new developments come only a few weeks after the South Korean government announced it would not regulate NFTs.