NFT Trading Smart TV: New innovation by Samsung

It’s official, an NFT Trading Smart TV has been announced in a new innovation by Samsung. Let’s find out all about this.

Introduction

The South Korean tech giant Samsung in an announcement teased the launch of TVs that will have NFT trading functionality. The NFT trading functionality will allow users to purchase and trade digital artwork. This new TV lineup will be from Samsung’s 2022 series.

The prosperous year of NFTs

NFTs have ruled 2021. In 2021, NFTs amassed over $23 billion in trading volume. Additionally, according to the data provided by the famous Cryptocurrency analysis website, CoinMarketCap, NFTs are all over the market. As of today, NFT has a total market cap of $22 million and sales volume crossed $140k.

Insights about the Television

The insights about this new launch was revealed by the Samsung’s officials to the popular news firm IANS. Additionally, this NFT trading feature can be seen in the MICRO LED, Neo QLED and The Frame lineup of the Samsung’s 2022 range.

“With demand for NFTs on the rise, the need for a solution to today’s fragmented viewing and purchasing landscape has never been greater,” said a statement by Samsung.

The statement further added that “In 2022, Samsung is introducing the world’s first TV screen-based NFT explorer and marketplace aggregator, a ground-breaking platform that lets you browse, purchase, and display your favourite art – all in one place.”

What will be it’s impact

The NFT platform on the Television will be an innovative new space for creators. The platform will allow creators to exhibit their art to the world and let interested buyers see the NFT before paying for it and know about the NFT’s historical background and Blockchain metadata.

When to expect the TV?

Presently, only the announcement of the TV has happened. Further information about the release and details of the Televisions will be released in the following months.

Conclusion

Finally, An NFT Trading Smart TV has been announced in a new innovation by Samsung. Undoubtedly, this TV aims to dynamically change the NFT world. However, we should wait and watch, how this TV will change the NFT space.

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