myNFT recently said it will unveil the first NFT vending machine in London on the 3rd and 4th of November. The event will take place at the coming NFT.London conference. myNFT is an NFT marketplace with multichain exposure that brings NFT tokens to people.
Bringing NFTs closer
Vending is designed to take NFTs offline and into the actual world. A spokesperson from myNFT made comments that vending does not require any prior NFT experience. What could come simpler than such a machine?
The vending machine also has no technical setup like you would see in a cryptocurrency wallet. He said you just have to scan a QR code and setup will be done in two minutes.
The vending machine users will have access to choose a random NFT for a flat rate of £10. The NFTs the machine would be pushing out cut across various ranges. Every one of them is worth a minimum of £10 while worth well over £100.
Users can decide to sell acquired NFTs instantly or keep them as art pieces. The NFT value increase over time.
According to myNFT, the vending machine will be placed right outside the venue of the NFT.London conference. It holds at the Queen Elizabeth II Center. According to the information, the reason is to keep up with the company’s policy of accessibility and openness.
NFTs for all
It directly means that it is not just ticket holders who would have access to use the machines. Rather, whoever passes by would be free to buy up to five NFTs with the machines. myNFT said its first NFT collections are going to include tokens with different degrees of rarity. They would be those created by known brands such as Thunderbirds and Dr. Who Worlds Apart.
One of the main goals of myNFT is to remove the barriers to entering the NFT sphere. It wants to open an easy path to anyone who is interested in buying or selling NFTs and other digital assets.
The vending machine will be a symbol of the company’s simplicity. And it will, in turn, establish an engaging and fun-filled process of getting NFTs.
myNFT co-founder, Hugo McDonaugh, said there is a lot of potential lying in the NFT space. It is bad to see some of those get wasted when potential investors are turned away by many barriers.
Good opportunities are denied newcomers due to high gas fees, and complicated setups. McDonaugh said myNFT is committed to making NFT investment an activity for everybody.
Author: Ifeanyi Egede