Atlas Vending launches first NFT vending machine
ATLAS Vending launched its latest innovation and first-of-its-kind non-fungible token (NFT) vending machine.
Being the first vending machine provider to dispense NFTs in Malaysia to commemorate Malaysia Day, the leading vending solutions provider took the opportunity to create a platform for 13 local NFT artists to showcase their unique artworks that incorporate local art and culture. To encourage all to join in the excitement, 13 prominently branded vending machines were placed at REXKL, with each vending machine representing a Malaysian state and an NFT artist from the state.
Each vending machine contains a total of 300 rare NFT artworks, out of which 50 of them are rare platinum NFTs which will be dispensed randomly. In celebration of the 59th anniversary of Malaysia Day, each NFT is available for RM59 through cashless payments. Additionally, those who purchase these NFTs will have the chance to win some exciting rewards from a pool of 59 prizes that will be distributed randomly, including 13 Nintendo Switch and 46 small ticket prizes of limited-edition merchandise. All winners will be announced on December 9th at REXKL during Atlas' giveaway ceremony, which will be joined by the NFT artists.
"NFTs have surged in popularity in recent years and have completely revolutionised the blockchain sector. Hence, we wanted to bring all 13 local NFT artists together to appreciate their work and draw Malaysians' attention to the NFTs," said Kalithasan Sothinathan, Atlas Vending marketing and ancillary sales senior manager.
This initiative also aims to elevate local artists through a profit-sharing model in which the total sales generated by these NFTs will be shared among all artists involved in this project. "Vending machines are typically designed to dispense refreshments. Our initiative stands as a testimony that we are capable of going beyond the ordinary. Atlas' flexibility allows everyone to have an enjoyable shopping experience as we are constantly evolving to cater to our customers' unique needs".