Europe's first physical NFT vending machine is on its way to London.
myNFT, the low-cost, multichain NFT marketplace, has announced that it will bring its physical non-fungible tokens (NFTs) vending machine to this year’s NFT.London conference.
According to the press release shared on Art Plugged website, Europe’s first-ever NFT vending machine aims to make NFT purchases available to everyone regardless of whether they have a digital wallet or not.
Did you know?
Want to get smarter & wealthier with crypto?
Subscribe - We publish new crypto explainer videos every week!
What is Solana in Crypto? (Beginner-Friendly Animation)
The customers will be able to purchase items from the company's inaugural collection. The collection contains NFTs from iconic creators, such as Dr. Who Worlds Apart, Thunderbirds, Delft Blue Night Watch, and so on. It is reported that NFTs will cost anywhere between 10 and 100 Pound Sterling (GBP).
myNFT noted that buying NFTs on a vending machine will be “a fun and rewarding process.” The company will use its unique “bid-to-earn” GBM auction system, ensuring that customers receive the item they bid for or gets a reward for participating in the auction.
It is worth noting that myNFT will distribute all proceedings to Giveth and Roald Dahl’s Marvellous Children’s charities. Giveth funds “goods & services and education in developing nations, and Roald Dahl’s Marvellous Children’s Charity, provides specialist nurses" to children with illnesses.
During the conference on November 2nd and 4th, the physical NFT vending machine will be located outside the NFT.London conference venue at the Queen Elizabeth II Centre, Westminster, London. It means that NFTs will be available to everyone regardless of whether they are attending the conference or not.
According to the press release, myNFT is a company aiming to make NFTs more accessible to the general public.
It’s a multichain marketplace where myNFT customers will eventually be able to create, trade and migrate NFTs across any blockchain, using any kind of cryptocurrency and at a low cost.
Based on the announcement, the company’s vending machine symbolizes the simplicity of myNFT platform, “creating a fun and engaging process for acquiring NFTs.”