NFT art vending machine installed in New York, Neon uses Solana (SOL)

NFT vending machine installed in Lower Manhattan

From Reuters

Neon, a digital art collecting platform, has installed the first NFT vending machine in New York, USA. With this, the company aims to make digital art works as easy to obtain as sodas and candy bars. Regarding the target customers of this vending machine, Neon CEO Kyle Zappitell said, "I am interested in crypto (cryptocurrency and blockchain technology) and try to buy crypto assets or buy NFTs. They were interested in, but ran into too many barriers, "he said in an interview with Reuters. Located in the Financial District of Lower Manhattan, NY, this vending machine is located in a small store. There is a sign saying "NFT ATM" outside. It looks like a traditional vending machine, but the small box I bought contains a card with a QR code on it. Prices range from $ 5.99 (about 689 yen) to $ 420.69 (about 48,416 yen). By scanning this QR code, you can browse your work on your smartphone, laptop, or tablet device. The digital art you can get here is either in the two categories of "color" or "picture of a pigeon". For Zapiter, the element of mystery is a natural extension of the digital art space. "As an NFT collector, over time, I like the randomness of what I get," he said. "I'm looking forward to that too." The NFT sold at this vending machine uses a "SOLA" blockchain that guarantees carbon-neutral transactions. "Sorana" is operated by the PoS (Proof of Stake) consensus algorithm, which consumes less power. Most digital art by NFTs is purchased by crypto assets, but Neon's vending machines also accept fiat currencies and accept credit card payments. Starting with $ 3 million in seed money, Neon says it wants to roll out more vending machines in shopping centers and other public spaces. "This vending machine is one of the most powerful messages to use old world technology to enable new world technology to be adopted," said Zapiter. ● What is NFT? “NFT (Non Fungible Token)” refers to tokens issued on blockchains that cannot be replaced. Tokens issued according to the NFT standard have individual values ​​for each token. Therefore, by linking NFTs with digital data such as images and videos, it is used to express the individual value of digital data. It should be noted that the term NFT is currently widely used, and its function and expressive value may differ depending on the type of blockchain or marketplace used. * This article was edited and edited by "New Economy" under license from Reuters. Move over candy bars, New York vending machine now selling NFT artReporting by Dan Fastenberg; Writing by Karishma Singh; Editing by Leslie Adler Translation: Shinya Otsuga (new economy)

Shinya Otsuga (Gentosha New Economy)