Decentraland To Launch The World’s First Metaverse ATM

October 6, 2023

2 min read

Popular metaverse platform, Decentraland has announced its plans to launch the world’s first metaverse ATM. Created in partnership with Transak payment gateway and Metaverse Architects studio, the metaverse ATM will allow users to easily purchase cryptocurrency. Decentraland will onboard players to the virtual ATM on Monday, August 8. Let’s take a closer look at what the metaverse ATM is all about.

Decentraland is launching the world’s first metaverse ATM. Credit: Decentraland

What is the Metaverse ATM by Decentraland?

The Transak metaverse ATM by Decentraland is the world’s first, fiat to crypto ATM. The idea behind the initiative is to help users easily buy MANA or any other cryptocurrencies.

“This is intended to ease the user experience,” the developers said. “Just like an ATM in real life, we wanted to give users a more seamless journey whilst navigating web3.”

They added that they are constantly building tools and technology necessary to facilitate hassle-free payments in Decentraland. Ultimately, their aim is to “reduce the knowledge gap for participation in Decentraland.”

On Monday, the developers will host a launch event at the Airdrop Tower. During the event, attendees will get to learn how to deploy a virtual ATM at their property. They will also get to know more about the various monetization opportunities for land owners.

If you want to install the ATM on your property, just fill out this Metaverse Architects form.

About Decentraland

Decentraland is a completely decentralized virtual world that allows players to purchase, develop, and sell digital real estate, artworks, and NFTs. On the platform, you can develop 3D environments, connect and socialize with friends, play games, host exhibitions, and much more. The community-owned platform is based on the Ethereum blockchain and is one of the most popular virtual worlds in the market.

Oliver Smith

Oliver Smith is a skilled journalist with a keen focus on the evolving NFT landscape. With a track record of delivering insightful and engaging articles on NFT trends, projects, and market movements, Oliver provides readers with valuable insights into this dynamic and rapidly evolving space.

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