Menu

Search

  |   Business

Menu

  |   Business

Search

NFT: LG displaying innovative shoe shelf with NFT shoes at CES 2023

Photo by: LG Media Gallery

LG Electronics is participating in the upcoming Consumer Electronics Show (CES 2023), which is happening from Jan. 5 to Jan. 8 in Las Vegas. For this, the South Korean electronics firm is showcasing one of its innovative products, the Styler ShoeCase and Styler ShoeCare shelves.

LG Electronics revealed that it would be putting up cutting-edge shoe cases on display with non-fungible token (NFT) shoes. The company said that these are technology-based digital shoes that will be exhibited along with its shoe care gizmos.

The Korea Times noted that CES is the largest IT show in the world, and it often presents the biggest innovations by major companies. In the upcoming event, LG Electronics confirmed that along with its Styler ShoeCase, visitors will be able to see its digital Monster Shoes as well. This is a pair of sneakers created using NFT technology.

The NFT shoes are also available for collection, and people can collect up to 5,500 kinds of digital shoes that were uniquely designed. These can be availed through LG’s internet of things (IoT) mobile app called the LG ThingQ.

The company said that this NFT footwear were co-developed with the game & VR design department students of Induk University. As for the Styler Case and Styler ShoeCare cabinets, these were originally launched at the previous Internationale Funkausstellung (IFA) 2022 tech show that was held in September in Germany.

The shoe case device is an extraordinary, advanced storage box for shoes. It features controls to maintain optimal temperature and humidity to protect the footwear, while the shoe care box controls the moisture and smell in shoes via its TrueSteam technology feature to improve hygiene.

Both devices are made from recycled plastic as part of LG Electronic’s efforts to contribute to the reduction of carbon emissions and help tackle climate change. Initially, customers can buy the shoe boxes in the first half of 2023 in Korea. Finally, Korea Joongang Daily reported that the virtual shoes would be displayed on the Styler ShoeCase in the hologram form or a physical mockup.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.