{"id":13479,"date":"2022-08-10T07:55:40","date_gmt":"2022-08-10T07:55:40","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/samsung-signs-mou-to-build-galaxy-nft-ecosystem-metaverse-bitcoin-news\/"},"modified":"2022-08-10T07:55:40","modified_gmt":"2022-08-10T07:55:40","slug":"samsung-signs-mou-to-build-galaxy-nft-ecosystem-metaverse-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/samsung-signs-mou-to-build-galaxy-nft-ecosystem-metaverse-bitcoin-news\/","title":{"rendered":"Samsung Signs MOU to Build Galaxy NFT Ecosystem \u2013 Metaverse Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Korean electronic goods producer Samsung Electronics recently signed a memorandum of understanding (MOU) with six companies that will collaborate to build the Galaxy NFT ecosystem. <\/strong><\/p>\n

Galaxy NFT Ecosystem<\/h2>\n

South Korean electronics maker, Samsung Electronics, recently signed a memorandum of understanding (MOU) with six companies to build the so-called \u201cGalaxy NFT [non-fungible token] ecosystem,\u201d a report has said. The signing paves the way for Samsung Electronics to start work on connecting the virtual and real world using NFTs.<\/p>\n

According to a report<\/a> on the Korean language news site News1, the six companies that signed the MOU with the electronics giant include Alllink, Digital Plaza, e-cruise, Shilla Duty Free, Show Golf, and Theta Labs. Theta Labs is Samsung Electronics\u2019 NFT issuance partner while Alllink is the authentication solution partner.<\/p>\n

In remarks following the electronic goods maker\u2019s announcement, an unidentified company official said:<\/p>\n

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Samsung Electronics will continue to innovate the customer experience that connects the virtual world and the real world using NFT with various partners.<\/p>\n<\/blockquote>\n

Meanwhile, the News1 report said that Samsung Electronics plans to extend benefits that include discounts to users or holders of the New Galaxy NFT, who go through the NFT certification process. As per the report, the envisaged NFT certification process will be done at the remaining four companies, namely Digital Plaza, e-cruise, Shilla Duty Free, and Show Golf.<\/p>\n

Prior to the signing of the latest MOU, Samsung Electronics together with Theta Labs had, according to the report, \u201cpresented the New Galaxy NFT in the shape of a smartphone and tablet design.\u201d<\/p>\n

What are your thoughts on this story? Let us know what you think in the comments section below. <\/strong><\/em><\/p>\n

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\nTerence Zimwara <\/h6>\n

\nTerence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons, N.Z.Photography \/ Shutterstock.com<\/em><\/p>\n

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Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<\/div>\n

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