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Samsung announces TVs with NFT trading capability

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The South Korean corporation Samsung Electronics has introduced new models of smart TVs in 2022 with an “intuitive, integrated platform for discovering, purchasing and trading digital artwork.”

We are talking about MICRO LED, Neo QLED and The Frame models. Thus, the application supports several non-fungible token (NFT) marketplaces – the company did not disclose the details.

With Smart Calibration, the user will be able to adjust the TV settings so that the non-fungible token is reproduced in accordance with its specifics.

Integrating NFT and investing in projects from the metaverse sector

In addition to integrating NFT into its products, Samsung invests in projects from the metaverse sector. On December 29, the South Korean tech giant, through its venture division, took part in the Series A round of the Ready Player Me gaming platform. Taavet+Sten, a firm led by the co-founder of Wise, and Sten Tamkivi, the co-founder of Teleport, led the funding round.

According to the statement, Wolf3D will direct funding to expand global growth. The company has more than 900 virtual worlds that use its solution.

“By giving people avatars that travel across virtual worlds, we can make the metaverse more connected. The metaverse is not one place or platform, it’s a network of thousands of experiences. With the funding, we will scale our partner network further and will build out monetization tools for developers to help them make money with avatar customization assets and NFT’s. Our goal is to become the default system for the metaverse,” said Timmu Tõke, CEO of the firm.

Adding Samsung Blockchain Wallet and testing CBDC

Earlier, the company added support for the Samsung Blockchain Wallet cryptocurrency wallet to most Galaxy series devices. Users can connect Samsung Blockchain Wallet to hardware wallets, including Ledger Nano S and Ledger Nano X.

In August, the corporation joined the central bank digital currency (CBDC) pilot project led by the Bank of Korea.

Bank of Korea launched CBDC testing on July 28, 2021, together with Grounds, the blockchain division of Kakao technology giant. Ground X participated in the tender with Line Plus, a subsidiary of Naver, and SK C&C, a division of the SK Group.

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