LG Electronics Launches Its NFT Platform On The Hedera Network

Twitter icon  •  Published 1 year ago  •  Hassan Maishera

The Hedera team announced via Twitter on Monday that LG Electronics has launched its NFT platform on the Hedera blockchain.

The Hedera team announced via Twitter on Monday that LG Electronics has launched its NFT platform on the Hedera blockchain. The NFT platform, called LG Art Lab, is on the Hedera blockchain and allows users to discover, buy, sell and trade NFTs on LG’s smart TVs. LG said its NFT platform is now available to its customers in the United States and is exclusive to those with LG TV running webOS 5.0 or later and is accessible directly from the home screen.

Hedera Hashgraph is distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance.

HBAR is trading at $0.0627 at press time, up by more than 1% over the last 24 hours.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.