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LG is responding to rival Samsung – it will introduce the NFT platform to televisions

2 min read

South Korean company LG will follow the path of competition. Like Samsung, it will add various NFT features to its flagship TVs.

LG and NFT

One of South Korea’s largest companies will allow its customers to view, buy and even sell their NFT tokens, right on your TV.

LG reacted so quickly to its biggest competitor – Samsung, which unveiled at the Las Vegas Consumer Electronics Show the latest and groundbreaking technology in television technology.

LG officials held a press conference 24 hours after Samsung’s announcement. Head of Home Entertainment Division, Hyung-se Park, said that LG is definitely planning to include some NFT function to their flagship TVs.

Samsung and LG have taken a significant step forward to help millions of households in South Korea blockchain and NFT technology. Of course, opinions from critics have also emerged. One of them is a 25-year-old crypto investor Chung Seung-mo.

“I really don’t see the point in having my NFT trading platform on my TV. When it is still inconvenient to surf the Internet through the so-called smart TV, I don’t think buying NFT on TV will be a pleasant experience.”

There have also been many critical messages on Twitter. One of the users commented:

“I just don’t understand the point of this strategy. I mean, if you’re out there and you find an NFT that you like, your first instinct will definitely not lead you to the TV because it’s immobile.”

Samsung Smart TVs to Support NFTs in 2022

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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