Blade is a part of the Hedera ecosystem, the identical blockchain powering LG’s market. Why does LG have a factor for Hedera, as a substitute of, say, Ethereum, which holds the lion’s share of NFT exercise? Hedera is backed by a coalition of some dozen corporations, together with LG, video-game writer Ubisoft, Google and others. Despite the fact that NFT platforms on Hedera are tiny in contrast with main providers like OpenSea and Nifty, the blockchain prioritizes safety and power effectivity, which might be why it was enticing to a mainstream model like LG.

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