Samsung to introduce NFT platform within its new smart TVs

Samsung Electronics announced Monday that its new smart TVs will allow users to purchase non-fungible tokens (NFTs).

Specifically, MICRO LED, Neo QLED, and The Frame TV models, which are set to launch sometime this year, will support NFTs.

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“With demand for NFTs on the rise, the need for a solution to today’s fragmented viewing and purchasing landscape has never been greater. In 2022, Samsung is introducing the world’s first TV screen-based NFT explorer and marketplace aggregator, a groundbreaking platform that lets you browse, purchase, and display your favorite art — all in one place,” the company told The Verge.

Samsung is not new to the NFT space. The South Korean tech giant's venture unit, Samsung Next, is an investor in several NFT startups. These include Sky Mavis (Axie Infinity creator), Dapper Labs, Forte, Nifty's, The Sandbox, and SuperRare.

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Yogita Khatri is a senior reporter at The Block, covering all things crypto. As one of the earliest team members, Yogita has played a pivotal role in breaking numerous stories, exclusives and scoops. With nearly 3,000 articles under her belt, Yogita holds the records as The Block's most-published and most-read author of all time. Prior to joining The Block, Yogita worked at crypto publication CoinDesk and The Economic Times, where she wrote on personal finance. To contact her, email: [email protected]. For her latest work, follow her on X @Yogita_Khatri5.