Would You Buy an NFT From a Vending Machine? | Bloomberg Crypto

It’s been an extremely messy month or so in crypto since Sam Bankman-Fried’s exchange FTX went bankrupt. But in this episode, we’re discuss something entirely different – an NFT vending machine. NFTs were all the rage last year, but this year prices have dropped along with the rest of crypto.

What if you could buy an NFT from a vending machine? Earlier this year, these popped up in central London. The company behind the vending machine – myNFT – said the goal was to eliminate any barriers to entry when it comes to NFT shopping. Hugo McDonaugh, the CEO and co-founder of myNFT joins senior editor Philip Lagerkranser, along with Bloomberg reporter Tanzeel Ahktar, to talk more about this.

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Crypto is the world’s hottest financial trend. Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics. Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it’s another financial house of cards. No newsroom on the planet is better equipped than Bloomberg to cut through all the noise and provide clarity, context and authority.

In this new daily podcast, Bloomberg’s reporting team will tease out what’s actually important in the crypto conversation. Led by crypto expert Stacy-Marie Ishmael, the podcast will draw on reporters in every region and credible voices in the industry to cover everything from regulation to alt coins to DeFi, and even the environmental impact of the currency that promises to change the finance landscape indefinitely.

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