The Solana-powered non-fungible token (NFT) marketplace Neon has launched its first NFT vending machine in New York City.
According to a report by Decrypt, Neon soft-launched its first NFT vending machine in December 2021. The machine, located at 29 John St in Manhattan, is now operating 24 hours a day, giving collectors access to the purchase of Solana NFTs in exchange for fiat.
Neon co-founder and CMO Jordan Birnholtz told Decrypt that he originally came up with the idea for an NFT vending machine in mid-2021 with the help of summer intern Drew Levine. He explained the company’s goal was to make purchasing NFTs as easy as possible:
My thought was that there is literally no simpler way to buy something than a vending machine. We built it because it shows how powerful and easy it can be to support digital artists, and to demystify the process of getting an NFT.