Netgear to Beta Test Smart Displays for NFTs, Strikes Partnership With MetaMask

Net­gear, a Cal­i­for­nia, US-based com­put­er net­work­ing com­pa­ny, has come up with a way to turn non-fun­gi­ble tokens (NFTs) into show pieces for inte­ri­or dec­o­ra­tions. Start­ing this month, the com­pa­ny will begin beta test­ing its smart frame prod­uct called Meur­al to act as a dis­play for NFTs. Net­gear has part­nered cryp­tocur­ren­cy wal­let Meta­Mask that will allow its users to upload their NFT hold­ings on Meu­rals. Along with this fea­ture, Net­gear is also promis­ing to fine tune its secu­ri­ty pro­vi­sions to safe­guard NFTs uploaded on its smart frames.

On the com­pa­ny web­site, Meu­rals are described as a way to “bring pho­tos to life”, includ­ing those with twists of the cryp­to sector.

“Old art, new art, NFT, cryp­to art, and every­thing in between. Meur­al lets you enjoy over $3 bil­lion (rough­ly Rs. 22,377 crore) worth of art in one dig­i­tal frame,” the web­site reads.

Any NFT pur­chased through Meta­Mask will direct­ly feed into these dig­i­tal frames, trans­form­ing NFTs into Meur­al images and a new-age décor item.

In addi­tion, Meur­al own­ers will be able to show­case pro­gram­ma­ble NFT art­works from blockchain-based art plat­form “Async Art” as well, Net­gear added.

In the third quar­ter of 2021, NFT sales vol­ume surged to $10.7 bil­lion (rough­ly Rs. 79,820 crore), up by over eight­fold from the pre­vi­ous quar­ter, accord­ing to data from mar­ket track­er Dap­pRadar.

Surg­ing sales and hefty prices of NFTs have baf­fled many, but the mul­ti-fold growth shows lit­tle or no depre­ci­a­tion whatsoever.

Sev­er­al glob­al artists includ­ing Snoop Dogg, Eminem, and Amitabh Bachchan have all marked their pres­ence in the NFT world.

Recent­ly, Sam­sung has added a new “NFT Aggre­ga­tion Plat­form” as part of its lat­est Smart TV mod­els. The fea­ture will allow peo­ple to browse NFTs for sale and even buy them via TV sets.

Last year, Twit­ter report­ed­ly began work­ing on a tab called “Col­lectible” to let users show off their NFT col­lec­tions and hold­ings on the micro-blog­ging platform.