{"id":221422,"date":"2022-02-24T23:00:50","date_gmt":"2022-02-24T23:00:50","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=221422"},"modified":"2022-02-24T17:13:08","modified_gmt":"2022-02-24T17:13:08","slug":"worlds-first-nft-vending-machine-arrives-to-new-york-city","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/worlds-first-nft-vending-machine-arrives-to-new-york-city\/","title":{"rendered":"World\u2019s first NFT vending machine arrives to New York City"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Neon, an NFT marketplace and gallery built on <\/span><a href=\"https:\/\/cryptoslate.com\/coins\/solana\/\"><span style=\"font-weight: 400;\">Solana<\/span><\/a><span style=\"font-weight: 400;\"> recently rolled out the world's first NFT vending machine\u2013located just off Wall Street in New York.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The machine operates 24\/7 and facilitates NFT purchases with no cryptocurrency, crypto wallet, or specialized knowledge required.\u00a0<\/span><\/p>\n<h2><strong>How does it work?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Located in the Big Apple\u2019s financial district, the unique vending machine accepts USD credit and debit cards. Upon purchase, it allegedly dispenses a box containing a unique code for the chosen NFT, which can then be redeemed on the Neon platform.\u00a0<\/span><\/p>\n<figure id=\"attachment_221423\" aria-describedby=\"caption-attachment-221423\" style=\"width: 556px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-221423 \" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/02\/s-e1645716504224.jpeg\" alt=\"\" width=\"556\" height=\"371\" \/><figcaption id=\"caption-attachment-221423\" class=\"wp-caption-text\">Neon\u2019s NFT Vending Machine is located at 29 John Street in New York City (Business Wire).<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">\u201cOur 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,\u201d <\/span><a style=\"font-family: merriweather, serif; font-size: 16px;\" href=\"https:\/\/www.businesswire.com\/news\/home\/20220223005235\/en\/Neon-Launches-Worlds-First-NFT-Vending-Machine-in-New-York-City-Selling-Digital-Art-to-Anyone-With-a-Credit-or-Debit-Card\"><span style=\"font-weight: 400;\">explained<\/span><\/a><span style=\"font-weight: 400;\"> Jordan Birnholtz, CMO and co-founder of Neon, in an official press release.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Birnholtz:<\/span><\/p>\n<blockquote><p>\u201cNFT buying and selling doesn\u2019t need to be a mystery and you shouldn\u2019t be required to hold <a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">Ethereum<\/a>, write a smart contract, pay gas costs or bridge blockchains to participate.\u201d<\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">The CMO elaborated that Neon wanted to \u201cengage the widest possible audience,\u201d which entails decoupling cryptocurrency from NFT participation.<\/span><\/p>\n<h2><strong>Allowing NFT artists to reach new collectors<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">\u201cWhile only 2% of Americans have digital wallets, 80% have a credit card or debit card,\u201d he argued, implying that there is a bigger NFT market out there, which expands beyond crypto savvy audiences.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As Birnholtz pointed out, this implies a 40-fold increase in terms of market reach for the NFT artists, who stand to significantly broaden their customer base.<\/span><\/p>\n<blockquote><p><strong>\u201cWe want to empower creators and digital artists whose work has often been undervalued because it\u2019s 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,\u201d he noted, appealing to NFT artists.<\/strong><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">Built on the Solana blockchain, Neon prides itself on being an environmentally friendly marketplace.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe wanted to embrace a blockchain that\u2019s fast, green and meets demand at a global scale,\u201d Birnholtz added, pointing out that all of Neon\u2019s transactions are carbon neutral thanks to offsets purchased by the Solana Foundation.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Neon, an NFT marketplace and gallery built on Solana recently rolled out the world&#8217;s first NFT vending machine\u2013located just off Wall Street in New York. The machine operates 24\/7 and facilitates NFT purchases with no cryptocurrency, crypto wallet, or specialized knowledge required.\u00a0 How does it work? Located in the Big Apple\u2019s financial district, the unique [&hellip;]<\/p>\n","protected":false},"author":699,"featured_media":221456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,76232],"tags":[77438],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>World\u2019s first NFT vending machine arrives to New York City<\/title>\n<meta name=\"description\" content=\"Neon, an NFT marketplace and gallery built on Solana recently rolled out the world&#039;s first NFT vending machine.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/worlds-first-nft-vending-machine-arrives-to-new-york-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World\u2019s first NFT vending machine arrives to New York City\" \/>\n<meta property=\"og:description\" content=\"Neon, an NFT marketplace and gallery built on Solana recently rolled out the world&#039;s first NFT vending machine.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/worlds-first-nft-vending-machine-arrives-to-new-york-city\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-24T23:00:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-24T17:13:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/02\/nft-vending-machine.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ana Grabundzija\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ana Grabundzija\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/worlds-first-nft-vending-machine-arrives-to-new-york-city\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/worlds-first-nft-vending-machine-arrives-to-new-york-city\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/#person\",\"name\":\"Ana Grabundzija\",\"url\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/05\/cs-author-ana-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/05\/cs-author-ana-300x300.jpg\",\"caption\":\"Ana Grabundzija\"},\"jobTitle\":\"Journalist\",\"description\":\"Dr. Ana Grabundzija is a Zagreb-bred writer with an academic background in anthropology. 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