LG Presents First-Ever Wireless TV With Built-In NFT Marketplace at CES 2023

The IT giant showcased the first-ever Web3 smart TV with a dedicated NFT marketplace at the global innovation stage.

A person is watching TV with NFT characters while eating popcorn.

The South Korean technology behemoth LG Electronics presented the first-ever wireless LG Smart TV. The new product was introduced at the Consumer Electronics Show 2023 in Las Vegas, Nevada. The new generation LG TV presented at the CES 2023 has projected walls that change along with the content, creating an immersive Web3 experience for anyone watching.

A Flurry of Innovations by LG Electronics

Besides the new wireless TV, LG Electronics continues the metaverse push with its Blade Wallet service. The new built-in wallet will allow every NFT enthusiast to buy, sell and trade NFTs on LG Art Lab. This NFT platform launched back in September 2021, when LG Electronics named Hedera (HBAR) their Web3 partner.

On the other hand, Web3 enthusiasts will be able to access Sansar, the metaverse social platform. This social platform is based on the User Generated Market (UGM). This type of digital economy gives Web3 aficionados the ability to purchase tickets to concerts, buy new virtual gear for their avatars, participate in exclusive airdrops, and more.

Sponsored

LG struck a deal with Oorbit, the cloud streaming platform, to increase interoperability between metaverses. Thus, viewers can create music in the ELYNXIR metaverse by Deadmau5 and play multiple AI generative games via the Auxworld platform.

On the Flipside

  • Despite the most established tech brands pouring money into metaverse projects, the overall interest in Web3 cooled down significantly.

Why You Should Care

CES 2023 is one of the largest consumer electronics fairs globally.

Learn more about the latest Web3 innovations:

Sponsored

Samsung Partners with Polygon-Based Streaming App SAVAGE to Bring Videos to Web3 Users

Hytech Breaks Record in First Decentraland Event, Hosts Most Visitors in an Hour

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.