This crypto startup has set up a real-world NFTATM in New York

Rate this post
The crypto startup has set up a real-world NFTATM in New York. Check it out here!

With the growing popularity of NFTs (Non-Fungible Tokens), a NFT marketplace company called Neon has set up its first NFT ATM in New York City. What looks like a gorgeous version of a traditional vending machine, NFTATM allows users to buy digital collectibles without cryptocurrencies. Instead, customers can buy fiat currencies or NFTs on display with debit and credit cards. Let’s take a look at the details.

Neon NFT ATM installed in New York

Neon, like other platforms such as OpenSea and Rarible, primarily serves as an NFT marketplace. The company aims to facilitate the process of purchasing NFTs by eliminating the need for cryptocurrencies and digital crypto wallets.So, using the latest NFT ATM, neon A real platform for customers to buy and collect NFTs..

Well, for those who don’t know Buying NFTs on the internet can be a tedious process for amateurs Someone who doesn’t completely know how the market works. Currently, if you want to buy an NFT for your collection, you must first create a digital crypto wallet on a platform such as Metamask. Next, you need to connect your digital crypto wallet to the NFT Marketplace from where you want to buy your NFT.

Moreover, One of the main issues with the process is that you need cryptocurrencies to buy NFTs. This is because the market does not accept credit cards, debit cards or fiat currencies as payment methods. In addition, in most cases you will have to pay an additional gas fee to get an NFT.

Neon solves all of the above problems with NFTATM. A real-world machine installed at 29 John Street in New York City, Compatible with local currencies, debit cards and credit cards.. Therefore, interested customers can buy NFTs as easily as removing a can of cola from a vending machine.

“You don’t have to hold Ethereum, create smart contracts, pay for gas, or bridge the blockchain to get involved. Buying and selling NFTs doesn’t have to be a mystery.” Neon co-founder Jordan Bernholtz said in a statement.

NFT ATM introduces the concept of NFT to those who are not familiar with NFT so far. Expanding the reach of digital artists In the process. In addition, according to Birnholtz, the aim is to provide a clear explanation of the steps to own an NFT in the market.

“Only 2% of Americans have a digital wallet, but 80% have a credit or debit card. Our goal is to allow artists and creators to sell digital art to everyone. To support and help those who want to be collectors. ” Birnholtz has added more.

On the other hand, if you want to know more about NFTs and their features, check out the detailed stories linked here. You can also check out stories about the concept of the Metaverse to learn about the importance of NFTs and digital collectibles in the Web 3.0 era. Also, what do you think of the neon NFT ATM? Want to see such a vending machine in your city someday? Please let us know your thoughts in the comments below.