Samsung Inc. Opens the Gate for NFTs on the Theta Network

Global electronics behemoth Samsung has entered into a valuable partnership with Theta Network as part of a proposal to release valuable NFTs. Theta Network, which is an upcoming entertainment and video blockchain, is excited to team up with the South Korean electronics giant as part of the celebrations to spread the usage and transactions of NFTs across the globe. Samsung has released a statement that these NFTs are part of a flagship marketing campaign to mobilize the Tablet S8 and Galaxy S22 models. 

The Theta Network and Samsung collaboration has not taken anyone by surprise. Both share a niche that has consolidated content for video blockchain entertainment purposes and media content. Theta blockchain users have the benefits of low transaction costs. Furthermore, the eco-friendliness of the Theta protocol is being lauded across the globe due to its incorporation of the proof-of-stake model. This results in decreased carbon footprint and resource consumption over the myriad energy solutions available in the market at the moment. 

When the presale period expires, the NFTs will be included with the new devices. The NFTs are one-of-a-kind computer-generated artworks. Customers must first register on the Theta Network’s ThetaDrop NFT marketplace to claim their incentives. They must also download and install the Samsung Members app. The code grants access to ThetaDrop’s NFTs. Preordered Galaxy S22 and Tablet S8 versions will come with an unopened NFT container. The containers will be available when the presale period has ended.

Industry insiders believe that through the adoption of NFTs across global circles, Theta Network has made itself an unparalleled flagship bearer for media, video, and blockchain products. Mitch Lui, CEO of Theta Networks, said that they plan to provide ongoing membership benefits and privileges to Galaxy customers who own a Samsung Theta commemorative NFT and look forward to building a long-term community among members.

About Theta Labs 

The Theta Network blockchain and Theta TV are both created by Theta Labs. The Theta Network has made ripples across the digital content industry by specializing in POS. Theta Labs are leaders in analyzing the trends in video and media channels and are considered the future disruptor of business cycles in the entertainment industry. Theta Labs Network has become popular with big production houses, multimedia aggregators, and even individual entertainers. Theta labs’ valuable partnerships include NASA, MGM Studios, and Lion Gate.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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