The world’s first NFT vending machine has opened in New York City’s Financial District, thanks to Neon, the NFT and digital collection platform. The machine, which is located just off Wall Street, takes USD credit and debit cards and then distributes a box with a unique code for the selected NFT, which is readily redeemed on the Neon platform.
Neon has created a simple, accessible way to purchase, sell, and trade NFTs in the real world that requires no cryptocurrency, crypto wallet, or technical knowledge. The vending machine is accessible 24 hours a day, seven days a week. People can spot the NFT vending machine by Neon at 29 John Street in New York, NY.
Jordan Birnholtz, CMO and co-founder of Neon, spoke on Businesswire. “Our goal is to support artists and creators by letting them sell digital art to everyone and to help anyone who wants to become a collector.”
He also added that “NFT buying and selling doesn’t need to be a mystery, and you shouldn’t be required to hold Ethereum, write a smart contract, pay gas costs or bridge blockchains to participate.”
Neon making NFTs accessible to everyone
Birnholtz continued in his conversation that while just 2% of Americans have digital wallets, 80% of the sample space has a credit or debit card. This hints that there is a more significant NFT industry out there that extends beyond cryptocurrency enthusiasts. As Birnholtz implied, this translates to a 40-fold increase in market reach for NFT artists, who will be able to reach a more extensive audience.
He wants to give creators and digital artists a voice because he seldom thinks that their work is frequently overlooked. After all, it isn’t tangible in the conventional sense. He aims to make it even easier to sell digital art than to sell physical art. He appealed to NFT artists, saying, “If creators want to develop NFTs based on their existing content or new stuff, we want them on Neon.”
Neon, which is based on the Solana blockchain, prides itself on being a green marketplace. This new idea by them is an excellent initiative for ordinary people to access NFTs and understand them.