Decentraland Teams Up with Transak to Roll Out World's First Metaverse ATM

Need to load up fast on $MANA? Fret not. Now you can buy crypto quickly and easily using a metaverse ATM in Decentraland. Here's how!

Aug 7, 2022
by Akira Ming
Decentraland Teams Up with Transak to Roll Out World's First Metaverse ATM
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Decentraland x Transak launch virtual ATM as fiat to crypto on-ramp in the metaverse

Last week, Decentraland teamed up with Transak and Metaverse Architects to launch the world's first metaverse ATM. Acting as fiat to crypto on-ramp, the Transak ATM will allow users to easily buy $MANA and other crypto using their credit or debit cards. 

Just like an ATM in real life, anyone can walk up to and interact with the virtual ATM in Decentraland. If users want to buy crypto, they will be taken to an encrypted page to complete their transactions. According to the team, the metaverse ATM will help create a more seamless journey for those who navigate Web3. 

"We hope to support the burgeoning Decentraland ecosystem with the tools and technology necessary to facilitate frictionless payments that will increase conversion rates in stores and reduce the knowledge gap for participation in Decentraland," wrote Metaverse Architects. 

Besides that, Decentraland is also providing monetization opportunities to landowners who install virtual ATMs on their lands. How it works is that from every transaction that stems from their plots, owners will earn part of the fees in return. Those interested will need to contact the Transak team by filling out a form

Of course, if you want to try out the metaverse ATM yourself, feel free to drop by Airdrop Tower at [-7, -23] in Decentraland. 

Decentraland aims to make things simple in the metaverse

Without a doubt, the Transak ATM is a helpful tool for non-crypto native users to start out quickly in the metaverse. Last month, Decentraland joined forces with other Web3 platforms to form the Open Metaverse Alliance for Web3 (OMA3). This will allow it to work with other big names in Web3 to address interoperability issues among virtual worlds. 

Other than that, Decentraland is a go-to platform to build blockchain games. One such project is Wilderness P2E, a free-to-play RPG that allows users to earn $WLDY tokens from battles they won. 

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
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