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Art Lab by LG Will Shut Down After Just Three Years

  • LG has announced the closure of its NFT platform, Art Lab, which was launched in 2022 and utilizes the Hedera blockchain network.
  • NFT transactions on Art Lab will end on March 10, 2025, with transfers completed by the end of April.
  • Art Lab users will have access to customer service until mid-July before the platform is completely shut down.
  • The closure of Art Lab reflects a trend of major companies, such as Rtfkt, stepping back from the NFT sector.

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