Sun 07 August 2022 ▪ 9:00 p.m. ▪
min read – by
If you’re low on fiat or cryptocurrency in the metaverse, don’t worry. Because Decentraland has just launched the first metaverse ATM, a kind of virtual cash dispenser. Note that this device was born of a partnership with Transak and Metaverse Architects. In particular, it will authorize your avatars to withdraw BTC, MANA and other cryptocurrencies in the virtual world.
A virtual ATM to install in your plot
The race for innovative projects in the virtual world is now on. Decentraland, one of the pioneers in the sector, wants to stand out from the pack. It was in this spirit that he set up the first ATM in the metaverse.
” Just like an ATM in real life, we wanted to give users a more seamless journey while browsing the web3 “, said the developers of Decentraland in a recent press release.
To make the first metaverse distributor of cryptos, Decentraland had to call on the payment gateway Transak and the studio Metaverse Architects. Tomorrow August 8, distributors will have to test this new feature of Decentraland which will authorize exchanges of fiat against cryptocurrencies of the MANA, ETH or BTC type. They will be taught to deploy a virtual ATM in their property on occasion.
This initiative seeks to meet Decentraland’s goal of ” reducing the knowledge gap for participation in Decentraland “.
And the complementarity with distributors in the physical world?
Regarding Decentraland, it should be remembered that it is a fully decentralized virtual world where players can buy, develop and sell digital real estate, NFTs or even digital works of art. Like so many other projects from the crypto universe, it is backed by Ethereum.
It also authorizes the development of 3D environments, socializing with friends, participating in games, organizing exhibitions, etc.
Note also the existence of several crypto ATMs in the real world. On May 11 alone, statistics showed 37,293 bitcoin ATMs worldwide. To say that for the moment, it is the United States which leads the dance with 32,807 ATMs throughout its territory. Can’t wait for Decentraland’s metaverse ATM.
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The blockchain and crypto revolution is underway! And the day when the impacts will be felt on the most vulnerable economy of this World, against all hope, I will say that I had something to do with it