LG Brings Digital Art NFTs to Smart TVs Running WebOS 5.0 or Higher

LG launched a non-fungible token platform dubbed LG Art Lab for its smart TVs. U.S. customers with LG TVs running webOS 5.0 can buy, sell and view digital artwork from their TV’s home screen, the company said Tuesday. The platform includes the LG Art Lab Drops feature, which profiles artists and previews works coming to the platform. A real-time “Live Drops” countdown alerts users to “just dropped” NFTs, it said. LG's new platform, based on the Hedera network, uses onscreen QR codes that let users complete transactions via Wallypto, LG’s cryptocurrency wallet for smartphones. Once purchased, an NFT can be traded on LG Art Lab Marketplace, where users can view transaction history. They can see their owned artwork in the My Collection section of Art Lab. The first NFT, from sculptor Barry X Ball, will be available via the platform's LG Art Lab Drops feature in coming weeks, with others to be added monthly, LG said.