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Feb 24, 2022
by Jafrin Ahmed
Neon Launches the World’s First NFT Vending Machine in New York City
Solana-based NFT marketplace Neon has announced the launch of the world’s first NFT vending machine in New York City’s Financial District.
World’s First NFT Vending Machine
Open 24 hours a day, the Neon NFT vending machine allows anyone, even those without cryptocurrency, to buy NFTs.
Located near Wall Street, the vending machine accepts both credit and debit cards before dispensing a box with a unique code inside. The code on the inside of the box can be redeemed on Neon's platform without any need for cryptocurrency or a crypto wallet in return for the NFT.
“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.
“We make selling digital art even simpler than selling physical art. If creators want to make NFTs based on their existing content or based on new material, we want them on Neon.”
The Growing NFT Craze
Neon initially soft-launched the first NFT vending machine located at Manhattan back in December. The Solana-based startup also closed a $3 million seed round last month.
NFTs have become massively popular in recent years, with platforms like OpenSea having more than $4.95 billion of Ethereum trading volume in January.
Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.