Europe’s First NFT vending machine to be unveiled in London

The vending machine will enable users to purchase NFT without using a digital wallet.

Oct 29, 2022
by Michael
Europe’s First NFT vending machine to be unveiled in London
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Details of the NFT vending Machine 

Multi-chain non-fungible token(NFT) marketplace, myNFT, has just announced the debut of its physical NFT vending machine. The vending machine will be unveiled in London at the coming NFT.London conference. The event will take place on the 3rd and 4th of November, 2022. 

myNFT is an NFT marketplace with multiple exposures that brings NFT tokens closer to people. It is committed to making NFT investment an activity for everyone. The vending machine aims to bring NFTs offline into the real world. It does not require any prior NFT knowledge or experience. The NFT platform plans to provide an easy route for people to buy and trade digital assets without fulfilling the knowledge requirements of the Web 3.0 industry.

As seen in a cryptocurrency wallet, the NFT vending machine has no technical setup. However, all that is needed is to scan a QR code, and the setup will be done in two minutes or less. Users of the vending machine will be granted access to pick a random NFT at a flat rate of £10. The price range of the NFTs to be pushed out of the machines are from £10 to £100. Users can decide to sell the acquired NFT pieces immediately or keep them as their value increases over time.

Accessibility of the NFT vending machine

The vending machine will be placed outside the venue of the NFT London conference, which holds at the Queen Elizabeth II center. The machines will be available to everyone and not just limited to ticket holders. 

The first NFT collections will include tokens of different rarities. Brands such as Dr. Who Worlds Apart, Thunderbirds, and Delft Blue Night Watch will be available. Collections from the NFT vending machine are expected to be distributed among Giveth, a blockchain-oriented philanthropic community.

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