Communications of the ACM
Move Over Candy Bars, New York Vending Machine Now Sells NFT Art
While digital art is mostly offered via cryptocurrencies, the NFT ATM accepts fiat currency; you can use a credit card to make a purchase.
Credit: Brendan McDermid/Reuters
The first in-person non-fungible token (NFT) vending machine has been installed in New York City by digital art collecting platform Neon.
The "NFT ATM," located in a small storefront in Lower Manhattan's financial district, sells QR codes connected to pieces of online art ranging in price from $5.99 to $420.49.
Customers do not know which piece of digital art they have purchased until they scan the QR code, which allows them to display the art on any smartphone, laptop, or tablet.
Neon's Kyle Zappitell said the target customer is "the crypto curious, the people who tried to buy cryptocurrency or they were interested in buying an NFT, but they just hit too many barriers."
From Reuters
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