Popular metaverse platform Decentraland has announced its plans to launch the world’s first metaverse ATM. Created in collaboration with the Transak payment gateway and the Metaverse Architects studio, the Metaverse ATM allows users to easily purchase cryptocurrency. Decentraland will bring players on board the virtual ATM on Monday, August 8. Let’s take a closer look at what the Metaverse ATM is all about.
What is Decentraland’s Metaverse ATM?
Decentraland’s Transak Metaverse ATM is the world’s first fiat-to-crypto ATM. The idea behind the initiative is to help users buy MANA or other cryptocurrencies with ease.
“This is intended to simplify the user experience,” he said developers said. “Just like using an ATM in real life, we wanted to give users a more seamless journey when navigating web3.”
They added that they are continuously developing tools and technology needed to enable frictionless payments in Decentraland. Ultimately, their goal is to “reduce the knowledge gap for participating in Decentraland.”
The developers will host a launch event at the Airdrop Tower on Monday. During the event, participants will learn how to deploy a virtual ATM on their premises. They will also learn about the different income generation options available to landowners.
If you want to install the ATM on your premises, please fill this in Metaverse Architects form.
About Decentraland
Decentraland is a fully decentralized virtual world allowing players to buy, develop and sell digital real estate, artworks and NFTs. The platform allows you to develop 3D environments, connect and socialize with friends, play games, organize exhibitions and much more. The community-owned platform is based on the Ethereum blockchain and is one of the most popular virtual worlds on the market.