Electronics giant, LG has announced the launch of a new NFT marketplace called ‘LG Art Lab’ which allows users to “buy, sell and enjoy high-quality digital artwork” from their TV.
Currently, the application is only available for US users with an LG TV that runs webOS 5.0 or later. The application can be downloaded from the TV’s home screen.
The application allows users to buy and sell digital works made available through LG’s NFT drops. The first such drop will take place on September 22 featuring a set of metallic-looking NFTs from sculptor Barry X Ball.
When NFTs will be available on the platform, users will be able to scan a QR code shown on the screen, and then complete the transaction using the ‘Wallypto’ app on their phones.
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LG says that it is going to keep adding NFTs to the application on a ‘monthly basis’ and users can view any NFT they purchase from the LG Art Lab app.