myNFT, the low-cost, multichain NFT marketplace that’s bringing non-fungible tokens to the masses, has announced it will exhibit Europe’s first-ever physical NFT vending machine at the NFT.London conference, from November 2nd – 4th.
To celebrate the launch of the myNFT platform, their physical NFT vending machine makes it simple for anyone to purchase an NFT in seconds, even without owning a digital wallet. Customers will be able to choose an NFT from myNFT’s inaugural collection and then they are free to show off their unique new NFT to their friends or alternatively trade it through myNFT’s marketplace.
myNFT is a new kind of NFT platform that’s aiming to make the technology more accessible. It’s a multichain marketplace where myNFT customers will eventually be able to create, trade and migrate NFTs across any blockchain, using any kind of cryptocurrency and at a low cost. This is thanks to myNFTs unique sidechain architecture that leverages the Moonbeam & Polkadot techstack.
The physical NFT vending machine will be located just outside the NFT.London conference venue, at the Queen Elizabeth II Centre, Westminster, London. This means it’s not only ticket holders who’ll be able to use it but also anyone who’s passing by will be able to use the machine to purchase up to five NFTs, a limitation that’s designed to ensure everyone who wants to, has the chance to use the machine.
In keeping with myNFT’s charitable roots hailing from Cryptograph and with the team’s hope that NFTs can be used to help the less fortunate, the NFT vending machine’s proceedings will be donated to Giveth, who fund public goods & services and education in developing nations, and Roald Dahl’s Marvellous Children’s Charity, who provide specialist nurses to seriously ill children.
myNFT’s first NFT collection will include an assortment of iconic NFTs, created by brands including Dr. Who Worlds Apart, Thunderbirds, Delft Blue Night Watch and many others.
One of myNFT’s major goals is to eliminate any barriers to entry in the NFT space, providing an easy way for anyone who wants to start buying and trading digital assets. Its novel vending machine symbolises the simplicity of myNFT’s platform, creating a fun and engaging process for acquiring NFTs.
To ensure anyone can participate, the myNFT platform will enable customers to buy NFTs using fiat currency via an onramp. Moreover, buying NFTs on the platform will be a fun and rewarding process too, with myNFT’s unique, patent-pending ‘bid-to-earn’ GBM auction system ensuring that users either land the item they’re bidding for, or earn a reward for taking part in the auction.
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