Neon’s NFT ATM is coming to New York’s Financial District
Not sure where to start in the world of NFTs? Now it’s (sort of) as easy as buying a candy bar.
The NFT Neon Market recently launched what appears to be New York’s first NFT vending machine in Manhattan’s Financial District. Located at 29 John Street, the pink and blue vending machine accepts credit and debit cards. It sells customers a cardboard box with a QR code inside, which allows you to “hit” an NFT piece of art on the blockchain through the Neon website.
According to a recent Guardian report, the machine is currently giving out “color” NFTs for $5.99 and “Party Pigeon” NFTs for $420.69 (yes, really). Both allow users to receive a non-fungible digital token (NFT) representing a certificate of ownership for their purchased artwork created by the blockchain. Color NFTs, of course, don’t let you own a color any more than Party Pigeons let you physically own the color. dirty pigeons they peddle.
“It’s impossible to own a color,” Neon co-founder Jordan Birnholtz told Guardian. “What you own is a ledger on the Solana blockchain that represents that particular color. And we allow people to collect those colors to trade and sell.”
Neon’s ATM is intended to help new users enter the NFT world by allowing you to use dollars instead of crypto, but if the whole concept still confuses you, you’re not alone.
“Our goal is to support artists and creators by enabling them to sell digital art to everyone, and to help anyone who wants to become a collector,” Birnholtz said in a press release. “Giving people the choice to use ATMs and a simple online platform that decouples cryptocurrency from NFT participation means we can engage the widest possible audience. Buying and selling NFT need not be a mystery.”
Head to the Financial District to find New York’s latest bizarre ATM and dip your toe into the world of NFTs.