Samsung is introducing the Galaxy S22, its newest smartphone model. The South Korean IT and electronics company is also giving away commemorative non-fungible tokens, or NFTs, in conjunction with its imminent release.
Samsung plans to give out the NFT to individuals who pre-order the Galaxy S22 in South Korea. According to the article, every pre-order transaction includes a free NFT. Theta Network, a decentralized video streaming network driven by blockchain technology, is the source of the digital collectible.
The inclusion of NFTs with pre-orders is an attempt to boost attention for the Samsung Galaxy S22’s launch. The mobile phone manufacturer appears to be aware of the NFT’s popularity and is taking advantage of it.
Samsung partnered with Theta Labs to provide NFTs to early adopters of its latest phone model. Those who put pre-orders for the new Samsung Tablet 8 will be eligible for an NFT as well. The digital tokens will be released to commemorate the launch of Samsung’s new Galaxy S22 and Galaxy Tab S8, and they will come with a slew of features.
“Our NFT collaboration with Samsung Electronics truly exemplifies global adoption of Theta’s blockchain technology and marks an important milestone in the growth of our core blockchain purpose built for the video, media, and entertainment industry,” Theta Labs co-founder and chief executive officer, Mitch Liu, said
She added, “These NFTs provide unique customer benefits for pre-ordering Samsung’s flagship mobile devices, the first in the industry. We 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.”
Pre-orders for the Galaxy S22 and Tab 8 began on February 9, and the devices will be officially released on February 25. Samsung’s collaboration with Theta Labs is not the first time the two companies have worked together.
Customers who pre-ordered the new phone or tablet can get their free NFTs by registering for ThetaDrop, Theta Network’s NFT marketplace. For verification, customers can provide the unique code they obtained during the pre-order transaction. When the pre-order time closes, the NFT box will be unlocked, and consumers will be able to see the NFT art gift.