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LG Electronics launches NFT platform that lets users buy and sell digital artwork


LG Electronics said today it has released its non-fungible token (NFT) platform LG Art Lab, which lets users discover, buy, sell and trade NFTs on LG’s smart TVs.
The announcement comes roughly eight months after LG Electronics said at its press conference that it plans to incorporate NFT features into its smart TV. The platform is now available in the U.S. only to those with LG TV running webOS 5.0 or later and is accessible directly from the home screen.
LG Electronics partnered with the Hedera network to offer an app that enables users to purchase NFTs via Wallypto, LG’s crypto wallet for smartphones.
“Wallypto, built on Hedera, has been developing since September 2021,” Chris Jo, senior vice president, head of platform business at LG Electronics home entertainment company, told TechCrunch. “Its beta version of the wallet launched this week in August.”
The partnership between Hedera …

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