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NFTs and Metaverse

LG Will Bring the Metaverse to Our TVs

LG Will Bring the Metaverse to Our TVs

LG Electronics announced it is teaming up with cloud technology platform Oorbit and Pixelynx - a company creating an integrated ecosystem for music, gaming and Web3 - to bring the metaverse directly to consumers' TVs.

With this collaboration, the South Korean tech giant will allow viewers to explore interconnected virtual worlds, concerts and multiplayer AI games through LG’s TVs, making it easier for consumers to interact in the metaverse.

Ash Koosha, co-founder and chief technology officer of Oorbit, said:

“Our proprietary technology is the connective tissue that links virtual worlds and makes it easier for developers and brands to bring their experiences into the metaverse. Scaling our technology to millions of LG TV customers is the next step in making the metaverse accessible to everyone.”


In March 2022, LG Electronics also officially updated its business development goals to include cryptocurrency and blockchain-based software.

A South Korean news platform reported that LG had added two separate crypto-related goals during its annual general meeting: the “development and sale of blockchain-based software” and the “sale and brokerage of cryptocurrencies.”

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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