07/09/2022 LG Picks Lesser-Known Hedera Blockchain for Television NFTs

The consumer electronics company, which has served on the Hedera Governing Council since 2020, is bringing NFTs to television screens through a platform built on the Hedera network.

LG

LG will only support NFTs on Hedera Hashgraph. (Kārlis Dambrāns/Flickr)

Korea-based LG is releasing a non-fungible token (NFT) marketplace called LG Art Lab that plugs into the Hedera Network, which LG supports. Television owners with sets updated to LG’s most recent software will be able to buy, sell and showcase their Hedera NFTs from their screens.

LG’s strides into the NFT space followSamsung’s releaseof an NFT marketplace on three of its TVs, allsupported byNifty Gateway. LG Art Lab will only be on LG TVs. Incorporating LG's mobile crypto wallet Wallypto, users can purchase assets by scanning a QR code to connect their wallets.

Chris Jo, senior vice president and head of Platform Business at LG, told CoinDesk in an email the platform aims to make NFTs accessible for users looking to step into the space.

The choice of Hedera is not an obvious one for an NFT integration. According to data from the past 30 days, Hedera NFT marketplace Hash Axis’$36,000 trading volumepales in comparison with Ethereum’s$330 million trading volume on OpenSea. But it makes more sense for LG: It has been on Hedera’s Governing Council since 2020.

Shayne Higdon, CEO of the HBAR Foundation, an organization supporting developers on the Hedera network, told CoinDesk Hedera’s energy-efficient consensus mechanism makes it an ideal blockchain for cheap, low-carbon-footprint NFT transfers. Still, other networks are catching up; market leader Ethereum is moving to a more energy-efficient proof-of-stake system this month.

Arts

https://www.coindesk.com/business/2022/09/05/lg-picks-lesser-known-hedera-blockchain-for-television-nfts/

Interesting NFTs
Pixel Story
This happy-go-lucky tribe made of lovable pixel Kitties have so much to talk about. While their language skills are simplistic, each Kitty still manages to express themselves with a variety of colorful emoticons and poses. From communicating their basic emotions, to discussing the economic implications of rising Ethereum gas prices, Pixel Tribe Kitties will keep each other entertained for hours. As their communications evolve and become more sophisticated, the inhabitants will come to realize that certain combinations of emotes will unlock secrets within their world. Try it out for yourself, if you're lucky enough to adopt a Kitty. Use the coordinate guide at: https://share.getcloudapp.com/7KumW6Lk to position your kitty Layer.
Serpent Skyblue RARE
*hissing noises*! I'm Serpent Skyblue RARE. I'm a professional Aerobics Athlete and I love wet food. I once dreamed of being a Dogwalker. Now I can be found talking about how much I lift all day. Maybe you and I can be partners in crime.
#62732
By OthersideDeployer
Stay Free (Edward Snowden, 2021)
This unique, signed work combines the entirety of a landmark court decision ruling the National Security Agency's mass surveillance violated the law, with the iconic portrait of the whistleblower by Platon (used with permission). It is the only known NFT produced by Snowden. Produced using open source software. This auction is on behalf of Freedom of the Press Foundation. https://www.aclu.org/press-releases/appeals-court-strikes-down-nsa-phone-spying-program-aclu-lawsuit
No Favour (cold) #5/25
No Favour for you. Cold variation.