- Samsung Electronics announced a collaboration with Nifty Gateway. This digital art auction platform provides many different NFT works to build one of the largest “First-Ever Smart TV NFT Platform.”
- OpenSea, On the contrary, has more than 150 payment tokens via its service. Nifty Gateway, however, only accepts payments in fiat and tokens that are listed within Gemini.
Samsung continues to push the boundaries of technology by incorporating an NFT marketplace within the latest range of smart TVs. It allows customers to participate in the Web3 trend in comfort at home.
On March 30th, Samsung Electronics announced a collaboration with Nifty Gateway. This digital art auction platform provides many different NFT works to build one of the largest “First-Ever Smart TV NFT Platform.” It’s the culmination of an idea initially discussed earlier in the year.
As per a press release issued by Samsung in a press release, Samsung’s intuitive platform can be used with Nifty Gateway across every model in the brand 2022 NEO QLED and QLED lines, which makes it the first TV maker to incorporate an NFT platform into its products.
Samsung Is Poised to Increase the Growth of Market NFT Market
For over fifteen years now, Samsung has been a leader globally in technology that produces top-of-the-line televisions and screens, laptops, and smartphones and encourages the development of apps to make their customers’ lives simpler.
As of now, the company has delivered more than 60 million smart TVs worldwide. This suggests that by partnering and partnership with Nifty Gateway, Samsung provides NFT trading access to a huge user base which will help increase the usage of this emerging technology.
Duncan Cock Foster, the co-founder of Nifty Gateway, stated that the Nifty team is thrilled to work with Samsung to create an innovative experience that will enable Nifty to reach billions of people, thereby increasing the global use of NFTs. This is a vision that Samsung might be able to aid in achieving.
“With our aim in mind, we couldn’t be more thrilled to collaborate with Samsung to create a game-changing NFT collecting experience.” Their commitment to user-friendly experience and their emphasis on top-quality screens perfectly aligns with our vision of allowing anyone from anywhere to connect with their favorite creators.”
Samsung Likes Winklevoss Twins’ Market Over OpenSea
The majority of experts view OpenSea as the industry-leading company in NFT sales because of the ease it is possible to sign up and start trading. However, it doesn’t provide the same array of services that Nifty Gateway.
OpenSea, On the contrary, has more than 150 payment tokens via its service. Nifty Gateway, however, only accepts payments in fiat and tokens that are listed within Gemini. Gemini trading platform.
Nifty Gateway provides the benefit of offering NFT Escrow services that allow users to store the NFTs in a secure Nifty Gateway Omnibus account rather than in their wallets, something that collectors might appreciate.
The decision of Samsung may not be dependent on the platform’s trading volume or the number of users using it; however, the decision will be contingent rather on the security features they offer to their customers, and that’s crucial given the increasing number of NFT frauds and thefts we’re witnessing.