Key Points:
LG’s Art Lab enters the NFT space with a focus on bridging art and technology.
Leveraging their expertise in OLED TV technology to offer a unique digital art experience.
Collaborating with Hedera as a member of the Governing Council to expand their presence in the blockchain ecosystem.
LG aims to facilitate a smooth transition for artists from web2 to web3 communities and offer a wide range of NFT categories.
Summary:Â
LG Art Lab, a Fine Art NFT marketplace operated by LG, has entered the NFT space leveraging their strength in OLED TV technology. LG believes that NFTs offer transparency in transactions and value to both creators and collectors, and they see Art NFTs as an opportunity to bridge the gap between web2 and web3 communities. LG aims to collaborate with artists and provide a platform for them to smoothly transition from web2 to web3, while offering customers the opportunity to enjoy digital art on their OLED TVs at home.
Barry X Ball, a renowned artist, has delivered his first NFT through LG Art Lab, leveraging 3D scanning technology to archive and digitize his artwork. LG is also collaborating with Hedera, a leading blockchain platform, and plans to expand their presence in the Hedera ecosystem as a member of the Governing Council. LG envisions integrating metaverse experiences into their platform, bringing more web2 users to web3, expanding business partnerships, and offering a wide range of NFT categories.
LG’s foray into the NFT marketplace showcases their commitment to innovation and their belief in the transformative power of art in the digital world. With their expertise in OLED TV technology and collaboration with Hedera, LG Art Lab aims to be a significant player in the evolving landscape of Fine Art NFTs.
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