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NFT: Neon launches world’s first NFT vending machine in New York

Photo by: Neon Press Release

Neon is a non-fungible token (NFT) marketplace and gallery that is built on the Solana blockchain. The company has delivered the world’s first NFT vending machine to offer hassle-free buying and selling of digital assets.

Neon set up the NFT vending machine in New York City, and now everyone, even those without knowledge of cryptocurrency, can get their NFTs. The process of buying and selling NFTs was really simplified, and crypto wallets are not required for the transaction as well.

As per ABC7 New York, the very first NFT vending machine in the world is now operational, and it can be found on John Street near Broadway in NYC’s financial district. Crypto enthusiasts and other interested individuals can purchase non-fungible tokens using their debit or credit cards. Those who have Samsung Pay or Apple Pay accounts can also use this option to pay, as per Neon.

Once payment is made, the machine dispenses a box containing a unique code linked to the selected NFT. Buyers can then head to the Neon marketplace platform to redeem their NFT using the code.

The NFT marketplace said it developed the NFT vending machine as it wants to make digital assets more accessible to most people. It also got rid of the complicated process and created a machine that makes it easy for people to understand and acquire NFTs.

“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,” Neon’s chief marketing officer and co-founder, Jordan Birnholtz, said in a press release. “Giving people the choice to use vending machines and an easy online platform that decouples cryptocurrency from NFT participation means we can engage the widest possible audience.”

Birnholtz added, “NFT buying and selling does not 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.”

Most importantly, Neon stated that buying and trading NFTs with them is “greener” because it uses the eco-friendly Solana blockchain. All of the company’s transactions are carbon neutral offsets purchased by the Solana Foundation.

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