MyNFT will bring Europe’s first NFT vending machine to London

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MyNFT, a Web3.0 startup and Non-Fungible Token (NFT) marketplace, is poised to launch the first-ever digital collectibles vending machine in London next week.


How reported by WWD, the machines will be launched during the NFT London conference, which will be held next week at the Queen Elizabeth II Center.

As a platform that makes it easier for everyone to access digital collections, MyNFT says the novel slots will aid connect NFTs with the real world. The machines will feature NFTs by artists such as Dr. Who Worlds Apart, Thunderbirds and Delft Blue Night Watch. According to MyNFT, prices for vending machine purchases will range from £10 to £100.

“There is enormous potential in the NFT market, and it is a pity that some of it is wasted when potential investors are discouraged by various unnecessary and complicated barriers. … We are determined to make NFT investments a part of everyday business and break away from the current clique,” he said Hugo McDonaugh, co-founder of MyNFT.

Tracing the evolution of Bitcoin ATMs

Marked as the first NFT vending machine in the entire European Union and the United Kingdom, the innovation powered by MyNFT will stand in the history of the evolution of the Web 3.0 ecosystem.

Just as most technological innovations need a pioneer to flourish, the number of NFT vending machines will grow and spread around the world if adoption proves positive as expected.

One sec data from CoinATMRadar shows that there are currently a total of 38,748 Bitcoin ATMs in the world, including the United States taking well over 90% of the total, the emergence of NFT vending machines may also herald a future where the number and reach of these dedicated digital collectibles outlets will be clearly apparent.

Image source: Shutterstock

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