LG will shut down its NFT platform, LG Art Lab, on June 17, 2025, as part of a strategic shift in response to the declining NFT market. Major NFT collections have seen values drop over 70%, prompting LG to focus on new opportunities ahead.
All NFTs currently listed for resale in the LG Art Lab will be transferred to collectors’ wallets by April 30, 2025. Customer support will remain available until July 18, 2025, ensuring a smooth transition for users.
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