Samsung Electronics, a Korean electronics producer, recently signed an memorandum o understanding (MOU), with six companies to collaborate on the Galaxy NFT ecosystem.
Galaxy NFT Ecosystem
South Korean electronics maker, Samsung Electronics, recently signed a memorandum of understanding (MOU) with six companies to build the so-called “Galaxy NFT [non-fungible token] ecosystem,” a report has said. Samsung Electronics has signed the agreement to begin work in connecting real and virtual worlds using NFTs.
The MOU was signed by six Korean companies, according to a News1 report. These include Alllink and Digital Plaza as well as e-cruise. Shilla Duty Free. Show Golf. Theta Labs is Samsung Electronics’ NFT issuance partner while Alllink is the authentication solution partner.
In remarks following the electronic goods maker’s announcement, an unidentified company official said:
Samsung Electronics is committed to enhancing the customer experience by utilizing NFT and various partners.
According to News1, Samsung Electronics will offer discounts for users and holders of the New Galaxy NFT who complete the NFT certification process. The report states that the NFT certification process is planned to be completed at the four remaining companies, namely Digital Plaza and e-cruise as well as Shilla Duty Free.
Prior to the signing of the latest MOU, Samsung Electronics together with Theta Labs had, according to the report, “presented the New Galaxy NFT in the shape of a smartphone and tablet design.”
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