Samsung partners with Nifty to create Smart TV NFT Platform
The world of non-fungible tokens (NFTs) continues to evolve, and we are seeing more innovative applications for this technology. The latest example comes from Samsung, who announced a partnership with Nifty so that users can display their own digital artwork on television screens as ambient art.
This is a major step forward for the digital world, as it places NFTs right in front of thousands of people. It is also a boon for content creators, who can reach a wider audience with their work.
What are NFTs?
NFTs are one-of-a-kind digital assets backed by blockchain technology. They enable you to discover a new world of art that transcends the barriers between digital space and reality.
NFTs have a wide range of applications, from digital collectibles and gaming items to virtual worlds. Each NFT has a unique cryptographic identifier that makes it impossible to copy or counterfeit. This allows you to own your favorite digital asset without worrying about someone else taking it away from you.
NFTs are changing how we think about ownership, art, and value. They provide a new way for artists to create and sell their work and for collectors to invest in and trade rare digital assets. NFTs are still in their early stages, but they have the potential to revolutionize the way we interact with the digital world.
The new way to watch TV: How Samsung is changing the television landscape
Samsung is on a mission to make NFTs accessible to everyone. In partnership with NFT marketplace Nifty Gateway, the tech giant launched its Samsung NFT Platform. This platform gives artists more control over their work and streamlines the process for customers to buy and sell their NFTs. Users can now explore, purchase, and enjoy their favorite NFTs directly from their Samsung TVs.
Thanks to the integration, over 7,000 art pieces are now available on Samsung’s premium TVs. This includes the top-tier QLED and Neo QLED TVs, which are among the best TVs in 2022. Nifty Gateway's app is also available for Samsung's gallery-standard The Frame and cutting-edge MICRO LED TVs.
The result is that Samsung's customers can now enjoy a wide range of artworks in their homes, and thanks to Samsung's cutting-edge display technology, these digital pieces look better than ever. With Nifty Gateway's easy-to-use app, finding the perfect piece of art for your home has never been easier.
How it works
The Samsung NFT Platform comes pre-installed, allowing you to immediately enjoy different digital pieces on your TV screen. Purchasing NFTs from your TV is as easy as navigating the Nifty Gateway app and scanning the QR code displayed on your TV using a mobile device.
After you've filled your curated gallery with NFTs, your TV will enter Ambient Mode and begin displaying artworks from your collection. The connectivity to acquire these NFTs does not require owning any crypto, making widespread adoption more realistic. The future of art is here, and you can find it on your TV.
Why Samsung is Betting Big on NFTs
The resolution of Samsung displays is a key selling factor for displaying NFTs on TVs. Samsung has long been a leader in screen quality, and its commitment to customer satisfaction is ideal for those looking to display NFTs on their TVs. This innovation puts NFTs in the homes of thousands of people, eliminating the ambiguity surrounding non-fungible tokens.
Similarly, It's easy to see why this is beneficial for Samsung. A portion of NFT transactions made through the sets would go to them. With the price of original artwork running into the hundreds of dollars, this is a very nice passive income stream.
But it's not just about the money for Samsung. They offer their customers an innovative way to view NFTs. This is a different kind of flex for users who can proudly display NFTs on their smart TV screens. When paired with Samsung's cutting-edge displays, the ensuing NFT amassing experience is revolutionary.
The Bottom Line
We're definitely in the Phygital (acrónimo de Physical + digital) age now, and it seems like everything is moving towards augmenting our reality with digital stuff. So it's no surprise that Samsung is getting in on the action. After all, Samsung is no stranger to cutting-edge technology, and they were also one of the first major players to embrace blockchain. Now, they're setting the stage for their NFT ecosystem. We can only imagine what the future of NFTs will hold, but we're excited to see what new and exciting uses for them are discovered. Whether it's used for art, gaming, or something else entirely, we're sure that Samsung's NFT ecosystem will have a lot to offer. We can't wait to see what they come up with next!