2022 saw the rise of NFT support within the smart TV industry, with LG and Samsung leading the market. Now, as we enter another year, this pair of innovators have doubled down on the technology with a set of key updates.
Firstly, the streaming service and NFT marketplace powered by Polygon, Wild, has partnered with tech giant Samsung. Through the new alliance, the power couple bring high-quality Web3 videos and photos to your audience. Going forward, the Savage platform will enable Samsung to display and trade a wide range of assets listed on its carbon-neutral NFT marketplace, thereby opening up the technology to Samsung smart TV owners around the world.
We are delighted to announce our partnership with @Samsung to bring the highest quality photos and videos to Web3! 🎉
The SAVAGE Smart TV app allows for easy IRL screen connectivity and the highest quality uploads of any market (up to 8K).
powered by @0xPolygon💜 pic.twitter.com/oYjikLmcnZ
— WILD (@thesavageapp) January 4, 2023
More innovation from the LG team
While Samsung has focused on its own projects, LG has made significant strides on its own. At CES 2023 on January 4, 2023, the company announced its partnership with Oorbit, which will enable the projection of interoperable Metaverses on televisions. Oorbit has reportedly been working on this technology for years and LG will be among the first to test it.
That’s not all, LG Art Lab has partnered with Blade Labs to enable users to purchase NFTs through their smart TVs using Blade Wallet. Along with this increased ease of purchase, LG and Blade Labs have also agreed to a royalty system for all traded artwork.
Through the rapid development of Web3 technology within the smart TV market, NFTs and the Metaverse will soon become a staple in living rooms around the world.
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*All investment/financial opinions expressed by NFT Plazas come from the personal research and experience of our site moderators and are intended for educational purposes only. People are required to fully research any product before making any type of investment.
Tokoni Uti has written extensively on blockchain and cryptocurrency for years. Her work has been featured on sites like BTCmanager and Blockchain Reporter. She has a degree in Corporate Communications.
