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NFT Vending Machine Lands in Europe Raising 3900 for Charity

November 12, 2022
in Fintech
Reading Time: 3 mins read

myNFTA low-cost multi-chain NFT marketplace that is bringing non-fungible tokens to the masses at the NFT.London conference on November 3rd and 4th.

The first NFT vending machine launch sold 390 NFTs in two days (one NFT sold every two minutes) and raised 3,900 for charity. GibbsFund public goods and services and education in developing countries, Roald Dahl’s Marvelous Children’s Charityprovides professional nurses for seriously ill children.

Vending machines are very popular with celebrities and influencers. Ant Middleton When @andythenguyen Also thumbs up.

What a meeting!
NFT London 2022 was great. The myNFT team had a great time. Many thanks to the organizers @NFT_NYC and all of us #MYNFTVENDINGMACHINE partner.

We will post more about the conference next week and release more videos/content! pic.twitter.com/q3ULKgXo0k

myNFT (@myNFT) November 4, 2022

To purchase NFTs from myNFT vending machines, customers simply selected one of the envelopes on display and entered the code provided.After paying 10 via apple pay, Google Pay Or I received a card with a QR code as an alternative contactless payment method.

After setting this up and completing their NFT wallet, they received up to 1,000 worth of NFTs. myNFT’s first NFT collection included an assortment of iconic NFTs created by brands such as Dr. Who Worlds Apart, thunderbird, Delft Blue Night Watch etc.

Breaking down barriers to entry

One of myNFT’s main goals was to remove the barriers to entry into the NFT space. We want to provide an easy way for anyone who wants to start buying and trading digital assets. The vending machine symbolizes the simplicity of myNFT’s platform, creating a fun and engaging process for purchasing NFTs.

There is so much potential in the NFT market and we see some of it wasted when various unnecessary and complicated barriers deter potential new entrants from participating. Great opportunities such as gas bills, gatekeeping knowledge, and complex digital wallet setups are being denied and wasted on newcomers. Hugo McDonoughco-founder of myNFT said in a statement:

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We are determined to turn NFTs into a daily activity for everyone and move out of the current faction, added McDonaugh. The best way for the sector to grow is through public engagement and we intend to achieve that only by breaking down barriers. It’s a fun and quirky way to show it.”

myNFT is currently looking for a more permanent location for its vending machines. Several events have also asked if we could have vending machines for events around the world, he added.

future expectations

myNFT is currently in beta. A customer can already access the platform to buy and sell his NFTs on Ethereum, Moonbeam, Moonriver, Polygon and Binance smart chain networks. You can also sell his NFTs using the new GBM auction system. Pipeline also has many other features coming soon to myNFT. These include next-generation NFT mining tools, multi-currency NFT listings, tokengate experiences, and integration of other blockchain networks into the platform.

  • Francis Bignell

    Francis is a journalist and leading correspondent in Latin America, with a Bachelor’s degree in Classical Civilizations and a professional interest in North and South America.

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