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LG announced plans to close its NFT marketplace Art Lab in June this year.
Odaily News LG announced that it will close its NFT market Art Lab for TV devices. According to its official notice, the platform will shut down on June 17, and the decision was very difficult. Art Lab, launched in 2022, was a way to buy, sell, and appreciate high-quality digital artworks through television. Users could purchase by scanning a QR code and complete transactions through LG's encryption wallet application Wallypto. (The Verge)