LG Electronics (LG) has established LG Art Lab, its own non-fungible token (NFT) platform. The new platform is now available in the United States on the company’s TVs and is accessible directly from the Home Screen.
Why this matter
This feature allows users to buy, sell, and enjoy high-quality digital artwork. LG’s cutting-edge TVs are ideal for exhibiting one’s NFT collection because they provide excellent picture quality and come in a variety of enormous screen sizes.
Digging deeper
LG Art Lab is intended to enable millions of users in the United States to effortlessly access and display NFTs without having to interface with code or a blockchain directly.”
The NFT platform includes a Drops feature that profiles artist and displays previews of their new artwork. Its real-time Live Drops function sends notifications to users to assist them in acquiring a dropped NFT so that they do not lose an opportunity.
Jo further stated that Hedera allows users to transact for less than $0.0001 penny each transaction (with no excessive gas fees or hidden costs), implying that the NFT platform has no hidden costs.