The NFT Vending machine accepts credit and debit cards before dispensing boxes with unique codes inside for NFTs.
Vending machines have sold many things over my lifespan. Soda, snacks, chewing gum, Condoms, Coldrink, chapstick, They sell everything. Did you know that there’s a vending machine in Manhattan That is selling NFT on Solana blockchain technology?
Did you know that ATM machine in Manhattan that sells NFTs accept direct debit and credit card? It means a layman can purchase NFTs directly using real money. buyers can pick a collection and will have to punch in a number to dispense a specific box. But boxes don’t reveal exactly which NF T is being purchased
A startup announced the opening of an NFT vending machine in New York City that allows anyone, even those without cryptocurrency, to purchase NFTs.
Located near Wall Street, the NFT vending machine accepts credit and debit cards before dispensing a box with a unique code inside for the NFT. Neon, the NFT and digital collection platform behind the effort closed a $3 million seed round last month.
The code inside the box can be redeemed on the Neon without the need for cryptocurrencies or a crypto wallet. The vending machine is open 24 hours.
“Our goal is to support artists and creators by letting them sell digital art to everyone and to help anyone who wants to become a collector. Giving people the choice to use vending machines and an easy online platform that decouples cryptocurrency from NFT participation means we can engage the widest possible audience.” – Jordan Birnholtz, CMO and co-founder of Neon
“Right now, they can only be purchased from Neon, but can be transferred to any Solana wallet, including Phantom, and can be resold anywhere,” Birnholz explained.
“There are no fees or requirements to use Neon. There is literally no easier way to buy something than a vending machine. We wanted to show people how powerful and easy it can be to support digital artists and demystify the process of getting an NFT.ATM NFT real-world
NFT Vending Machine in New York City that sells Solana NFTs
The founders of Neon said they chose the Solana blockchain because it is the most energy-efficient and has a theoretical throughput of 65,000 transactions per second with almost zero fees.’s transactions Neon are carbon neutral thanks to offsets purchased by the Solana Foundation, according to Birnholtz.
“We wanted to adopt a blockchain that is fast, green, and meets demand on a global scale. Our goal is to support artists and creators by enabling them to sell digital art to everyone and to help anyone who wants to become a collector. Giving people the option to use vending machines and an easy online platform that separates cryptocurrency from NFT means we can appeal to the widest possible audience. Hire, pay gas costs, or bypass the blockchain to participate,” Birnholtz said.
“While only 2% of Americans have digital wallets, 80% have a credit or debit card. That’s a 40-fold increase in an artist’s potential audience. We want to empower digital creators and artists whose work has often been undervalued because it is not tangible in a traditional sense. We make selling digital art even simpler than selling physical art. Whether creators want to make NFTs based on their existing content or new material, we want them at Neon.”
NFTs OpenSea had over $4.95 billion in Ethereum trading volume in January.
Use of NFT Vending Machine & How it Works
Neon, a Solana-based NFT marketplace that secured a $3 million seed investment last month, is bringing the digital world of NFTs to life. In December, the business unveiled the first NFT vending machine, which is located at 29 John St. in Manhattan. Collectors can now buy Solana NFTs with fiat currency at the vending machine, which is now operational 24 hours a day.
NFTs—one-of-a-kind blockchain-based tokens that represent asset ownership—have grown in popularity recently, with the Ethereum-based OpenSea marketplace reporting sales of more than $5 billion last month. OpenSea, on the other hand, has had its fair share of difficulties and demands. NFT marketplaces compete to provide something unique to the typical shopper.
How NFT Vending Machine Works
- Customers can purchase an NFT with Visa or Mastercard credit cards, or with the Samsung Pay or Apple Pay mobile apps, using Neon’s standard approach.
- The NFT is then claimed online by scanning the QR code inside the distributed item using a smartphone camera.
For those new to Web3, purchasing an NFT can be a daunting affair right now. Users must first exchange cryptocurrencies, then move their funds to digital wallets, which must then be linked to an online NFT marketplace. Other issues arise from time to time, such as having to pay gas fees for Ethereum assets or dealing with wrapped coins.