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NFT News

LG Launches ‘LG Art Lab’ an NFT Marketplace Accessible via its TV

Written By Stuti Mansata
Published 2022-09-05
Make The Crypto Times preferred on GoogleGoogle
LG Launches ‘LG Art Lab’ an NFT Marketplace Accessible via its TV

Electronics giant, LG has announced the launch of a new NFT marketplace called ‘LG Art Lab’ which allows users to “buy, sell and enjoy high-quality digital artwork” from their TV.

LG proudly presents LG Art Lab, our NFT marketplace that will host a highly curated selection of world-class artists from around the globe. We are excited to introduce our inaugural artist, BarryXBall, to highlight LG Art Lab's premier artists.

— LG Art Lab (@LGArtLab) September 3, 2022

Currently, the application is only available for US users with an LG TV that runs webOS 5.0 or later. The application can be downloaded from the TV’s home screen.

The application allows users to buy and sell digital works made available through LG’s NFT drops. The first such drop will take place on September 22 featuring a set of metallic-looking NFTs from sculptor Barry X Ball.

When NFTs will be available on the platform, users will be able to scan a QR code shown on the screen, and then complete the transaction using the ‘Wallypto’ app on their phones.

Read Also: LG to Release a Digital Asset Wallet Called ‘Wallypto’

LG says that it is going to keep adding NFTs to the application on a ‘monthly basis’ and users can view any NFT they purchase from the LG Art Lab app.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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