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Samsung’s next line of TVs will have a marketplace to trade NFTs

Electronics giant Samsung is adding support for non-fungible tokens (or NFTs) to its lineup of TVs in 2022, including an on-screen explorer and an NFT market aggregator.

Samsung's next line of TVs will have a marketplace to trade NFTs

Samsung’s next line of TVs will have a marketplace to trade NFTs

According to a press release from the South Korean electronics maker, “In 2022, Samsung is introducing the world’s first NFT market explorer and aggregator on a TV screen, an innovative platform that allows you to search, acquire and show off your favorite arts – all in one place.”

It will be “an intuitive and integrated platform to discover, acquire and trade digital arts” for the TV brands MICRO LED, Neo QLED and The Frame. It will include the ability to preview an NFT artwork before acquiring it and explore its blockchain and history metadata.

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“Given the high demand for NFTs, the need for a solution to today’s fragmented viewing and acquisition environment has never been greater,” the company said.

The TVs also include Smart Calibration support, allowing NFT creators to create preset values ​​for display settings; smart TVs will automatically adjust their display to match the presets “so you can rest assured that your work is flawless, with image quality true to the original”.

NFTs soared in the last year, as trading in these assets reached more than $10 billion in the third quarter of 2021, increasing 38,000% for the year.

Art NFTs generated an explosion of interest as digital artist Beeple made headlines in March 2021 with the sale of $69 million of a single NFT art.

NFTs were the big talk at Miami’s Art Basel as art galleries around the world struggled to understand how to display NFT artworks.

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