The decentralized NFT marketplace recently partnered with Samsung, one of the leading smartphone makers. This partnership will enable the company to install their NFC technology on smart TVs and other such devices.
Users will be able to easily buy and sell NFTs as well as display them on top-of-the-line Samsung TV sets. Samsung also plans to create beautiful digital art galleries, with more than 6,000 pieces from world-famous artists.
Nifty Gateway is owned by one of the largest crypto exchanges in America, Gemini, and is one of the few platforms that allows its users to purchase NFTs with both crypto and fiat currencies.
The company was looking for a way to make NFTs even more popular, easier, and accessible for users. That’s why it teamed up with Samsung to let people manage them from the comfort of their own homes on a TV screen.
In this article, we take a look at the arrival of NFTs on TV and answer the question “Why does it matter?”
NFT marketplaces are reaching more users who might never have heard of them before by integrating them into popular TV shows. This can increase the reach of marketplaces and make it easier for artists to sell their digital content.
One example of this is that a lot of older people are still not aware of the potential for digital artwork.
But, because they can’t use non-fungible tokens on their current devices, it’s hard for them to explore these kinds of investments. TV NFT might be a way to help get them more involved.
Duncan Cock Foster, announcing their new partnership with Samsung, said: “With our mission in mind, we couldn’t be more excited to partner with Samsung to develop a groundbreaking NFT collecting experience.”
The dedication to UX and high-quality content that they provide aligns well with our vision to allow as many people as possible to interact with their favorite creators.
The Nifty Gateway collaboration will bring multiple benefits to Samsung TV users. They would have access to only verified, high-quality NFTs with the TV platform. Those who want these digital artworks can also buy them with other digital currencies or any debit card.
The use of NFTs has skyrocketed in recent years and they’ve been used in multiple industries. Recently, they’ve been taking over the digital art world as well as becoming popular in the music and sports industry.
Moreover, since NFTs are also closely linked to other blockchain-powered innovations, their arrival on TV could be a game-changing step for NFT creators and the emerging web3 technologies (such as the metaverse), which aim to go mainstream.