There's Finally A Vending Machine That Sells NFTs
Blockchain startup Neon has installed an NFT vending machine in New York City that allows anyone to purchase an NFT using their credit or debit card, without the need for any cryptocurrencyor blockchain wallet hassles. NFTs are a multi-billion dollar business, with marketplaces like OpenSea facilitating billions of dollars worth of trades in January alone. While NFTs do get their fair share of backlash and cringeworthy celebrity endorsements, the market value keeps climbing.
However, trading an NFT is anything but easy. Once the item has been created, it needs to be registered on a blockchain such as Ethereum. To do so, a charge has to be paid, commonly known as a gas fee. In order for this to be paid, crypto coins and a crypto wallet service is required. From the buyer’s perspective, they need to link their crypto wallet to the platform they’re buying the NFT from. In short, the mere act of buying or selling an NFT is daunting. On top of that, there is no dearth of theft incidents or scams to contend with as well.
Related: How Do NFTs Harm The Environment? The Link Explained
Enter Neon, an NFT marketplace that has installed a vending machine for selling NFTs. Furthermore, the process is entirely crypto-less. The Neon NFT ATM lets anyone snap up an NFT using just their credit or debit card issued by Visa or MasterCard. The machine also accepts contact-less payments via Apple Pay and Samsung Pay. Once buyers choose an NFT and pay the amount, they get an NFT box with a code inside. There is somewhat of a catch, though, and that's the buyer doesn’t actually know what NFT they will get, except for the choice of collection between Party Pigeons and Neon Colors. Thankfully, the small glass gallery on either side of the machine
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