Samsung Inks Deal with Nifty Gateway, Allowing Trading NFTs with Smart TVs

For more innovations, South Korean electronics giant Samsung has teamed up with Nifty Gateway to develop a new line of smart TVs to enable non-fungible tokens (NFTs) to be bought, sold, and held. 

Nifty Gateway, a leading marketplace for NFTs owned by Gemini crypto exchange, will join Samsung’s NFT platform on its 2022 Neo QLED premium and QLED TVs. 

Per the report:

“This partnership enables users to browse, display and interact with NFTs on their Samsung TVs. It provides them with access to more than 6,000 pieces of digital art and collectibles from artists like Daniel Arsham, Pak and more.”

Duncan Cock Foster, the co-founder of Nifty Gateway, welcomed the cooperation and noted:

“The objective of Nifty Gateway is to bring NFTs to a billion people by empowering creators and streamlining the process by which customers buy, sell, produce, and hold NFTs. We are devoted to making NFTs more accessible and purchasing them more convenient than before.”

The ground-breaking partnership will entail using Nifty Gateway’s Omnibus wallet when buying NFTs using cryptocurrency and credit or debit cards.

Samsung has been gearing up towards the crypto space, given that it disclosed plans to develop top-notch metaverse devices to foster accessibility earlier this month. This decision was reached because the company saw the metaverse and robots as new growth engines.

As the crypto space continues to gain steam, more digital giants are jumping on this bandwagon to create seamless devices. For instance, South Korean tech giant LG Electronics recently revealed plans to add blockchain, cryptocurrency, and medical devices as new sectors in its corporate charter, Blockchain.News reported.