Neon Introduces World’s First NFT Vending Machine In New York City

Solana-based NFT marketplace and gallery, Neon, has introduced the world’s first NFT vending machine–located in the vicinity of Wall Street in New York City.

The vending machine is always open and facilitates NFT purchases without the requirement of owning cryptocurrency, crypto wallet, or specialized knowledge.

The vending machine accepts USD credit and debit cards. After a purchase is completed the it dispenses a box containing a unique code for the chosen NFT, which can then be redeemed on the Neon platform. 

Jordan Birnholtz, CMO and co-founder of Neon, commented:

“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.

NFT buying and selling doesn’t 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.”

According to Birnholtz, Neon aimed to “engage the widest possible audience,” which is why cryptocurrency is not needed to buy an NFT.

Enabling NFT artists to reach wider audience

According to Birnholtz, “only 2% of Americans have digital wallets, 80% have a credit card or debit card,” which would suggest that there possibly is a bigger market for NFTs outside the crypto enthusiasts.

He said:

“We want to empower creators and digital artists whose work has often been undervalued because it’s not tangible in a traditional sense. We make selling digital art even simpler than selling physical art. If creators want to make NFTs based on their existing content or based on new material, we want them on Neon.”