Samsung Signs MOU with Six Companies to Establish Galaxy NFT Ecosystem
Samsung
Electronics, the Korean electronics giant, recently signed a memorandum of
understanding (MOU) with six companies to collaborate in building the Galaxy
NFT ecosystem.
The Galaxy NFT Ecosystem
Samsung
Electronics has 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. The signing paves the way for Samsung
Electronics to begin work on connecting the virtual and real worlds using NFTs.
The Korean
language news site News1 has reported that 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. Samsung Electronics is the NFT issuance
partner, while Alllink is the authentication solution partner.
In an
announcement, the company official said:
"Samsung
Electronics will continue to innovate the customer experience that connects the
virtual world and the real world using NFT with various partners."
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. The envisaged NFT certification process will be done at
four companies, namely Digital Plaza, e-cruise, Shilla Duty-Free, and Show
Golf.
Before the signing of the MOU, Samsung Electronics, together with
Theta Labs, had "presented the New Galaxy NFT in the shape of a smartphone
and tablet design," the report added.
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