Samsung is giving away NFTs to those who pre-order the Galaxy S22


Samsung is giving away NFTs to those who pre-order the Galaxy S22

Samsung is giving away NFTs to those who pre-order the Galaxy S22

Samsung has recently unveiled the phones of the Galaxy S22 series in the form of three members and It seems that it is trying to put its new phones in the center of attention with an interesting solution. Samsung, in cooperation with Theta Labs, plans to provide people in South Korea with Galaxy S22 series phones or Galaxy Tab S8 series tablets. will pre-purchase a Non-Fungible token (NFT) as a token.

According to Decrypt, CEO and co-founder of Theta Labs announced Samsung NFTs come with a number of benefits. Theta Labs has not yet said what these additional benefits include.

Theta Labs members are actually the ones who are building the Theta Network project based on blockchain and have a video streaming service called THETA.tv. Theta Labs is trying to make its blockchain network more popular among users through e-sports and video streaming.

This company encourages users to work on its platforms through theta token. According to CoinMarketCap, Theta Token is currently trading at $3.56. Theta value has dropped more than five percent in the last 24 hours.

The recent collaboration between Samsung and Theta Labs is expected to draw users’ attention to the company’s NFT marketplace, ThetaDrop. In fact, users who pre-order Galaxy S22 or Galaxy Tab S8 in order to receive their NFT must register at ThetaDrop and then enter a unique code that is generated through the Samsung Members app.

Samsung has started pre-sale of its new phones and tablets on February 9th (20th of Bahman) and will start their official release on February 25th (March 6th).

This is the first time. It is not that Samsung is entering the field of crypto. This company also has a history of cooperation with Theta Network. The Korean company has a subsidiary called Samsung NEXT, which normally invests in various companies. This Samsung business unit as part of its efforts to focus on emerging technologies such as artificial intelligence, blockchain, fintech, etc. invested in Theta Labs in 2019, and in the same year we saw the addition of Samsung Blockchain Keystore and Wallet to Galaxy series phones.

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Samsung also stores cryptographic private keys in The Knox platform (which is separate from the entire device operating system) made it possible. The phones that Samsung released in the following years also benefited from this technology. The Korean company started supporting hardware wallets in 2021.

Samsung has already entered the NFT market, adding support for these tokens to its 2022 smart TVs. . In a press release, Samsung explained how users can discover, buy and trade “digital works of art” through the company’s new televisions.

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