Digital art to become more accessible at London event via NFT vending machines

Proceeds from the NFT vending machine at this year’s NFT.London event will be donated to charity.

In February, We reported that Neon NFT marketplace in Solana opened a 24/7 NFT vending machine in New York financial district that accepted both credit and debit card payments. However, a week after its launch, users reported that neither the NFT vending machine nor the NFT worked as promised.

myNFT, a multi-chain NFT platform, said Friday that it will showcase its first-ever physical NFT vending machine at NFT.London, which runs from November 2–4.

The NFT platform hopes to make it easy and accessible for individuals to purchase and exchange digital assets without having a deep knowledge of the Web3 industry. The vending machine will enable users to purchase an NFT without owning a digital wallet.

To purchase an NFT through myNFT’s vending machine, users must choose one of the envelopes displayed and key in the code provided. After paying, they may scan the QR code inside the envelope, which will lead them to a myNFT account where they will be able to create an NFT wallet and obtain their NFT.

CEO of myNFT, Hugo Mcdonough, said, “Vending machines are the most convenient way to purchase anything, so we’re challenging the belief that purchasing an NFT is difficult with this project.”

Participants will be able to purchase an NFT from myNFT’s inaugural collection of donated NFTs, which includes Dr. Who Worlds Apart, Thunderbirds and Delft Blue Night Watch.

The NFT vending machine will be located outside the NFT.London conference venue, at the Queen Elizabeth II Centre, Westminster, London.

The NFT machine profits will be donated to Giveth, a blockchain-based philanthropic community that funds public goods, services and education in developing nations as well as Roald Dahl’s Marvellous Children’s Charity, which provides specialist nurses to seriously ill children.

In February, We reported that Neon, a Solana-based NFT platform, had installed a 24-hour vending machine in New York’s financial district that accepted both debit and credit card payments. However, a week after the NFT vending machine’s debut, users complained that it did not work correctly.