Samsung Collaborates with Nifty Gateway to Launch NFT Smart TVs

• Samsung’s NFT platform will be integrated with the Nifty Gateway on its 2022 QLED and NEO QLED premium TVs
• Samsung electronics is the first ever Tv company to allow its viewers to have the pleasure of viewing and buying art tokens from the comfort of their homes.

Samsung Electronics and Nifty Gateway, a marketplace for non-fungible tokens (NFTs), have partnered to bring NFTs to smart TVs.

The partnership will allow users of Samsung’s The Frame and MicroLED TVs to browse, buy, and store NFTs through a dedicated app. The app will feature over 6,000 digital artworks from artists such as Daniel Arsham, Pak, and others.

NFTs are unique digital assets that are stored on a blockchain. They can represent anything from artwork to video game items to tickets to events.

The Samsung-Nifty Gateway partnership is the latest sign of the growing interest in NFTs. In recent months, there has been a surge in the value of NFTs, with some selling for millions of dollars.

The partnership is also a way for Samsung to tap into the growing market for NFTs. The company is reportedly planning to launch its own NFT platform in the future.

How the partnership works

The Samsung-Nifty Gateway partnership will work as follows:

• Users will download the Nifty Gateway app on their Samsung smart TV.
• The app will allow users to browse a collection of NFTs.
• Users can purchase NFTs using a credit card, debit card, or cryptocurrency.
• Once an NFT is purchased, it will be stored in the Nifty Gateway wallet.
• Users can display their NFTs on their TV using the ambient mode.

The benefits of the partnership

The Samsung-Nifty Gateway partnership offers a number of benefits for both parties:

• For Samsung, the partnership is a way to tap into the growing market for NFTs. The company is reportedly planning to launch its own NFT platform in the future, and this partnership will help it to gain experience in the NFT space.
• For Nifty Gateway, the partnership gives it access to a large audience of potential customers. Samsung smart TVs are used by millions of people around the world, and the Nifty Gateway app will be pre-installed on these TVs.
• For users, the partnership makes it easier to buy and display NFTs. The Nifty Gateway app is easy to use and it allows users to purchase NFTs using a variety of payment methods.

The future of NFTs

The Samsung-Nifty Gateway partnership is a sign of the growing interest in NFTs. It is likely that we will see more partnerships between NFT platforms and consumer electronics companies in the future.

NFTs have the potential to revolutionize the way we own and collect digital assets. They could also be used to create new forms of digital art and entertainment.

The future of NFTs is still uncertain, but the Samsung-Nifty Gateway partnership is a significant step forward for the technology.