Korean electronic products manufacturer Samsung Electronics recently signed a memorandum of understanding with six companies to work together to create a Galaxy NFT ecosystem.
Galaxy NFT Ecosystem
South Korean electronic products manufacturer Samsung Electronics reportedly recently signed a memorandum of understanding (MOU) with six companies to build the so-called “Galaxy NFT (non-fungible token) ecosystem”. The signing paves the way for Samsung Electronics to begin work on connecting the virtual and real worlds using NFTs.
According to areporton Korean-language news site News1, the six companies that signed MOUs with the electronics giant are Alllink, Digital Plaza, eCruise, Shilla Duty Free, Show Golf, and Theta Labs. theta Labs is Samsung Electronics’ NFT issuing partner and Alllink is an authentication solution partner.
In remarks following the electronic products manufacturer’s announcement, an unidentified company official stated.
Samsung Electronics, together with various partners, will continue to innovate customer experiences that connect the virtual and real worlds using NFT.
Meanwhile, News1 reports that Samsung Electronics plans to extend benefits, including discounts, to New Galaxy NFT users or holders who go through the NFT certification process. According to this report, the envisioned NFT certification process will take place at the remaining four companies, Digital Plaza, eCruise, Shilla Duty Free, and Show Golf.
Prior to the signing of the MOU, Samsung Electronics, in collaboration with Theta Labs, announced the New Galaxy NFT “in the form of a smartphone and tablet design.”
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