The animated show, helmed by the “Rick and Morty” creator, has already been renewed for a second and third season ahead of its September release.
South Korea’s LG Electronics Files For NFT-Trading TV Patent
A recent report published on WIPO’s global database for intellectual property disclosed LG Electronics’ application to acquire an NFT trading patent for its Smart TV.
Notably, the WIPO guide states that a filing application can only be published after 18 months. As such, the South Korean tech company filed for the patent in November 2021. Now LG is awaiting the remaining steps to grant or deny the patent.
LG’s Technology Supports NFT Trading On Smart TV
The LG technology will enable users to connect their crypto wallet and an NFT market server for trading.
After connecting to the NFT server, users will see an onscreen QR code to enable them to transact through their crypto wallet.
Before this patent application, LG launched an NFT platform, “LG Art Lab marketplace,” in September 2022.
The platform launched on the Hedera network which allows all smart televisions running webOS 5.0 or the later versions to trade digital arts.
Users can buy and sell high-quality digital artwork on the Smart TV home screen. Also, the platform features “LG Art Lab Drops” to profile artists and preview new works intending to launch.
For now, the company hasn’t said whether the Smart TV will accommodate other wallet apps besides LG’s smartphone crypto wallet, Wallypto, which is also used on the Art Lab Marketplace.
Big Tech Companies To Integrate Web3 Solutions On Smart Devices
Besides the recent technology to support NFT trading on Smart television, LG plans to integrate other solutions on its devices.
The company partnered with cloud-based tech platforms, Oorbit and Pixelynx, to integrate Metaverse on big screens. Oorbit announced on Twitter, proclaiming its excitement about the partnership.
According to the reports, the partnership aims to bring “interoperable virtual worlds to LG TVs.” The partners will simplify the way consumers interact in the metaverse, ensuring immersive gaming and experiences in the virtual world.
Oorbit stated that scaling its technology for the millions of customers who use LG TVs is a great way to bring the metaverse closer to the people.
Before the partnership, LG had expanded its business development goals to include crypto and blockchain-based software development.
LG disclosed two plans based on the report during last year’s annual general meeting. The first objective is to develop and sell blockchain-based software, while the second is to sell and brokerage cryptocurrency.
There were hints and speculations that LG might launch a crypto exchange. But its spokesperson stated that the company hasn’t decided but just revealed its plans to branch out.
Apart from LG Electronics, Samsung has also become a big player in the NFT and Metaverse sectors through its venture capital arm, Samsung Next.
The electronics giant announced in early 2022 that its new smart TV product lineup, including Micro LED, The Frame, and QLED, will have an NFT marketplace.
-Featured Image Source: Pexels, Chart: TradingView
LG Electronics Seeks Patent for TV Which Lets Users Trade NFTs
LG has been a node operator on the Hedera Network since 2020.
Dan Harmon’s Still-Unreleased NFT TV Show ‘Krapopolis’ Gets Third Season
The Fox animated comedy series has yet to air a single episode and has made about $650,000 from NFT sales so far.
Samsung announces NFT platform for smart TVs
Upcoming Samsung smart TVs will have a built-in platform where users can browse, buy and sell NFTs.
Discovery Science to Premier Crypto-Funded TV Series About … Dragonchain?
A new TV series tracking the story of Disney-linked blockchain firm Dragonchain was fully funded in cryptocurrency. It’s scheduled to go live July 4 on Discovery Science.
Blockchain E-Sports TV App to Ship on Samsung S20 Phones in US
THETA.tv will soon be available on Samsung’s flagship Galaxy S20 smartphones shipped to the U.S.
New Simpsons Episode Features Jim Parsons Giving a Crypto Explainer for the Masses
The latest episode of The Simpsons has tried to break down the complex world of cryptocurrencies, with some success.
Puppets, Pundits and Partnerships: Why Crypto Sentiment and Prices Are Soaring
With blockchain puppets (we really mean it) on TV, CNBC pushing the bitcoin-as-gold narrative and The Guardian seeing connections between coronavirus and bitcoin’s recent rally, we’ve got a lot to talk about on today’s episode of The Breakdown.
Puppets, Pundits and Partnerships: Why Crypto Sentiment and Prices Are Soaring
With blockchain puppets (we really mean it) on TV, CNBC pushing the bitcoin-as-gold narrative and The Guardian seeing connections between coronavirus and bitcoin’s recent rally, we’ve got a lot to talk about on today’s episode of The Breakdown.
Sports Live-Streamer Will Reward Viewers With Its Own Crypto
The live-streaming provider is launching its own ethereum-based cryptocurrency to reward viewers and encourage interactions.
Dish Network Files Patent For Blockchain-Based Anti-Piracy System
The satellite TV firm’s newly published patent application details a means to combat online piracy using blockchain.
Playboy TV to Accept Crypto Payments for Adult Content
Playboy TV is launching a new payment option that will allow customers to access its exclusive content using cryptocurrencies.