First NFT ATM Debuts In Europe

An ATM that works with the printing of NFTs emerged in the European community during an event held in London, the capital of the United Kingdom. The piece was installed in front of the NFT.NYC event, which began on November 3.

In the English capital, the community met to discuss NFTs and innovations that can be carried out with non-fungible tokens.

According to information from Bloomberg, the NFT ATM from the company myNFT was installed to make it more accessible for investors to access digital collectibles.

The machine allows shoppers to pay 10 euros for their purchases, then receive an envelope. One of the people to test the machine was the Brazilian Bellina Caetano, who registered her first ATM mint on her Twitter.

The project also stated that it would allocate the amount raised from the first sales to charity after its presentation at the popular event.

In conversation with the report that covered the launch of the novelty, the co-founder of the ATM, Hugo McDonaugh said that the machine could make NFTs more accessible to everyone worldwide.

By eliminating barriers to entry, the solution hopes that the potential of NFTs will be known to more people, especially those who are prevented from engaging with the technology by complications created by the market.

It is noteworthy that the NFTs sold by the machine are multichain and can be stored on networks such as Ethereum, Polygon, BNB Chain, and others. After the event, however, the machine still does not have a defined destination to be installed.

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