With the ever-increasing popularity of NFTs (non-fungible tokens), an NFT marketplace company called Neon has installed a first-of-its-kind NFT ATM in New York City. The NFT ATM, which looks like a fancy version of a traditional vending machine, lets users buy digital collectibles without cryptocurrencies. Instead, customers can buy the showcased NFTs with fiat currencies or debit and credit cards. Let’s look at the details.
Neon primarily operates as an NFT marketplace, much like other platforms like OpenSea or Rarible. The company aims to ease the process of buying NFTs by eliminating the need for cryptocurrencies or a digital crypto wallet. So, with its latest NFT ATM, Neon provides a real-world platform for customers to buy and collect NFTs.
“You shouldn’t be required to hold Ethereum, write a smart contract, pay gas costs or bridge blockchains to participate. NFT buying and selling doesn’t need to be a mystery,” Jordan Birnholtz, the co-founder of Neon, said in a statement.
