Europe's first NFT Vending Machine is coming to London next week
Nameet Potnis
Founder @Muzify | Connecting Music Superfans with Their Tribe and Empowering Artists | Payments & E-commerce Expert
They say, "Change is inevitable. Except from a vending machine,". But we beg to disagree now.
MyNFT is bringing NFTs directly into the real world. How? with a Vending Machine! That is as real and fun as it gets.
The multichain nonfungible token (NFT) marketplace has announced it will showcase its?first-ever physical NFT vending machine?at this year's NFT.London event scheduled for Nov. 2–4.
With this very thoughtful invention of MyNFT, anyone can start buying and trading digital assets without prior knowledge of the industry.?You don't even need to have a digital wallet to purchase NFTs.
How does it work??Yeah, it's a vending machine. Everyone knows how to operate one!
In this case, all one needs to do is select one of the envelopes displayed and then enter the code provided. After paying, they will be able to scan the QR code in the envelope, including an invitation to create a MyNFT account and an NFT wallet in which they will receive their NFT.
The vending machine is also the first offline device that will enable enthusiasts to purchase physically backed NFTs.
MyNFT aimed to make NFT transactions as democratic and accessible to use as possible. Hugo McDonaugh, MyNFT's cofounder, described the vending machine as "a fun and quirky way to demonstrate" the marketplace's goal of removing all barriers to entry in the NFT space.
The physical NFT vending machine will be located outside the NFT.London conference venue, at the Queen Elizabeth II Centre, Westminster, London, to allow?anyone to try its instruments without buying the tickets.
Unlike the NFTs that can cost millions of dollars in crypto, the MyNFT collection on vending machines will cost between 10 and 100 pounds.
NFTs in Vending Machine is not an entirely new thing though -Digital art collecting platform Neon launched the first in-person non-fungible token (NFT) vending machine in New York City in March this year.
The NFT ecosystem has received a great deal of attention in the last two years, with celebrities, and brands, joining the trend, collecting high-priced digital collectables. Lowering the barriers will propel things forward while also revealing the industry's vast potential.
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