NFT vending machine pops up in London

In a statement, he claimed:"There is so much potential in the NFT market and it's such a shame to see some of that go to waste when possible investors are put off getting involved by various unnecessary and complicated barriers. We're determined to turn NFT investment into an everyday activity, and break it out of its current clique."Non-fungible tokens for dummies

Want to buy nothing? You'd probably say no. That's because people don't like nothing, they like scarcity and status. In the digital world, scarcity doesn't work because data can be infinitely replicated. But what if I faked digital scarcity? A database with limited spaces, each identified by a unique number. Think a line of people queuing for nothing. There's no value inherent in one spot over another, but I sell you a position in the queue. I'm not selling you the queue, or its destination , just the right to stand in this particular position.

You give me a dollar, and I give you some paper work, signed by yours truly, that says you have the right to stand there. Your position in the queue combined with my paper is a token that can't be recreated. There is only one of each position. It is, therefore,"non-fungible." The blockchain checks every single sale of a queue position and once you've bought your spot, it's listed on the blockchain.

Why would anyone want a spot in my queue? Well, what if I put up a poster next to your position? Every spot now has a unique poster, and buying a place in the queue means you can now stand next to that poster. You don't own the poster, you don't own the image on the poster, you can't reproduce the image, or sell copies, or claim any other type of ownership. What you've bought is the right to stand next to that poster – that's it.

does it take tokens

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