{"id":2786,"date":"2022-02-28T00:00:00","date_gmt":"2022-02-28T00:00:00","guid":{"rendered":"https:\/\/www.techsparx.co.uk\/north\/uncategorized\/what-did-i-just-buy-i-tried-to-use-new-yorks-first-nft-vending-machine\/"},"modified":"2025-02-28T14:41:37","modified_gmt":"2025-02-28T14:41:37","slug":"what-did-i-just-buy-i-tried-to-use-new-yorks-first-nft-vending-machine","status":"publish","type":"post","link":"https:\/\/www.techsparx.co.uk\/north\/what-did-i-just-buy-i-tried-to-use-new-yorks-first-nft-vending-machine\/","title":{"rendered":"What did I just buy? I tried to use New York\u2019s first NFT vending machine"},"content":{"rendered":"<p>Could buying an NFT the way one buys a bag of Cheetos demystify the process?<\/p>\n<p>It&rsquo;s easy to miss the storefront that is home to the &ldquo;world&rsquo;s first NFT vending machine&rdquo; in Manhattan&rsquo;s Financial District. Squished between a sandwich shop and a tailor, the windows are bathed in pink neon light, with glowing letters that announce &ldquo;NFT ATM.&rdquo; When you walk through the entryway, you enter a tiny booth with the vending machine, filled with rows of little paper cartons, looking almost like cigarette packs. There are only two products: a &ldquo;color&rdquo; for $5.99 and a &ldquo;party pigeon&rdquo; for $420.69.<\/p>\n<p>I was here to spend some of the Guardian&rsquo;s money on an NFT, or non-fungible token. NFTs are based on a blockchain feature called the &ldquo;smart contract,&rdquo; which is kind of like a virtual vending machine. Send some of your crypto to a smart contract, and it&rsquo;ll print a unique token &ndash; basically a digital receipt &ndash; that says you now own this cat pic. Anyone else can still right-click-save and share Mr. Whiskers, but you&rsquo;ll know, and anyone else looking at the blockchain will know, that the image is yours. Or so the logic goes.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/feb\/28\/nft-vending-machine-new-york-blockchain\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Could buying an NFT the way one buys a bag of Cheetos demystify the process? It&rsquo;s easy to miss the storefront that is home to the &ldquo;world&rsquo;s first NFT vending machine&rdquo; in Manhattan&rsquo;s Financial District. Squished between a sandwich shop and a tailor, the windows are bathed in pink neon light, with glowing letters that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What did I just buy? 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It&rsquo;s easy to miss the storefront that is home to the &ldquo;world&rsquo;s first NFT vending machine&rdquo; in Manhattan&rsquo;s Financial District. Squished between a sandwich shop and a tailor, the windows are bathed in pink neon light, with glowing letters that [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.techsparx.co.uk\/north\/what-did-i-just-buy-i-tried-to-use-new-yorks-first-nft-vending-machine\/\" \/>\n<meta property=\"og:site_name\" content=\"Regional technology news - North - TechSparx - Business technology stories in the North\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-28T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T14:41:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/3000-10.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"140\" \/>\n\t<meta property=\"og:image:height\" content=\"84\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editorial Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editorial Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/what-did-i-just-buy-i-tried-to-use-new-yorks-first-nft-vending-machine\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/what-did-i-just-buy-i-tried-to-use-new-yorks-first-nft-vending-machine\/\"},\"author\":{\"name\":\"Editorial Team\",\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/#\/schema\/person\/a67e7f1ec4654ee30ec6c9c2899a146e\"},\"headline\":\"What did I just buy? 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