Tag: nfts
A video game industry veteran on making the art behind popular NFTs
Welcome back to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Tuesday episode this week, we talked to James Zhang, a 24-year veteran of the video game industry — first as an artist, then as a […]
A video game industry veteran on making the art behind popular NFTs by Anita Ramaswamy originally published on TechCrunch
LG brings NFTs to its LED and OLED TVs
Over its long history, LG has never been shy about jumping on some unusual bandwagons. So it should come as no surprise that the South Korean electronics giant is getting into NFTs. Starting today, if you live in the US and own a webOS 5.0 or later TV, you’ll have access to the company’s new LG Art Lab platform. It’s a marketplace for buying and selling non-fungible tokens available directly through your TV’s home screen. It’s based on the Hedera network and uses LG’s new Wallypto mobile wallet for storing digital assets. There’s even a countdown feature that will remind you when NFT drops are about to occur.
The timing of the addition is curious, to say the least. Judging by daily trading volume on OpenSea, the public has lost interest in non-fungible tokens. On August 28th, the marketplace processed $5 million worth of NFT transactions, a 99 percent drop from the record high of $405.75 million it saw just a few months earlier on May 1st, 2022. Over that same timeframe, the floor price of some of the most highly sought-after NFT collections has also declined. At the start of May, a Bored Ape Yacht Club token would have set you back at least 153.7 Eth (or about $434,000 with the value of Ethereum at the time). By August 28th, you could buy one for as little as 73 Eth or a little over $105,000.
Of course, this is LG we’re talking about. It’s the same company that gave us phones like the Wing and V10 and stayed in the mobile market for far longer than any analyst would have said was a smart idea. How long it plans to pursue NFTs is hard to say, but there’s probably a C2 owner somewhere out there excited to show off their Bored Apes and fancy OLED TV at the same time.
LG is bringing NFTs to its smart TVs
Just months after Samsung announced that it’s bringing non-fungible tokens (NFTs) to its TVs, now LG’s doing the same. The company’s new NFT marketplace, called LG Art Lab, lets you “buy, sell and enjoy high-quality digital artwork” from your TV.
For now, only users in the US with an LG TV that runs webOS 5.0 or later can access the app, which is available to download from the TV’s home screen. Through the portal, you can buy and sell digital works made available through LG’s NFT drops. The first one of these drops is set to occur on September 22nd and features a set of metallic-looking NFTs from sculptor Barry X Ball.
Since I just so happen to own a compatible LG TV, I downloaded and tried out the app for myself… and there’s not much…
LG launches art NFTs for its smart TVs
LG Electronics has launched its own non-fungible token (NFT) platform, LG Art Lab. Now available in the U.S. on the company’s TVs running webOS 5.0 or later, and accessible directly from the home screen, the new platform enables users to buy, sell and enjoy high-quality digital artwork. LG is of course hoping this art work […]
NFTs: Key infrastructure for digital inclusion
5 Future Hot Uses For NFTs!
Web3 expert Connor Borrego explores… All of the use cases we are seeing today for monetizing NFTs are centered around…
The post 5 Future Hot Uses For NFTs! appeared first on TechRound.
Snoop Dogg and Eminem performed as their Ape NFTs, and it’s somehow even worse than you’d think
Facebook now supports NFTs
Meta has followed through on its threat promise to bring NFT (non-fungible token) support to Facebook. Users can now post digital collectibles that they have in their digital wallets across Facebook and Instagram. After they connect digital wallets to one app, they’ll be able to access NFTs from both of them.
The company is making the move a few weeks after it expanded access to Instagram’s NFT functions in dozens more countries. It started testing NFTs on Facebook earlier this summer. Meta is moving deeper into NFT territory even though the market for the digital tokens has nosedived in recent months. There are indications that Meta is working on a marketplace where people can buy and sell NFTs, but whether people will actually use it remains to be seen.
Meanwhile, here’s Snoop Dogg and Eminem’s MTV Video Music Awards performance, which featured animated versions of their NFTs. In terms of bleak visions of the near future, The Last of Us has nothing on this.
Full performance of Snoop Dogg & Eminem featuring Bored Ape Yacht Club at the #VMA’s.
— Watcher.Guru (@WatcherGuru) August 29, 2022
District 9 director’s battle royale game gets a new trailer, but relies on NFTs
Update: As Eurogamer point out, it turns out Off The Grid features NFTs, with tradeable in-game items handled by a blockchain marketplace. A different kind of future tech dystopia than the one depicted in the trailer…
Original story:
Off The Grid was announced earlier this year, the first product of District 9 director Neill Blomkamp’s partnership with Gunzilla Games. A new video released tonight offers a longer look at its setting, in the form of a Blomkamp directed in-engine cinematic, while also giving a sense of how the cyberpunk battle royale might feel to play. Watch it below.