With the new metaverse atm card, you can slot a card and print some cash in the metaverse!
Six months after the first virtual bank launched in the Metaverse, one of the top metaverse projects Decentraland has launched the first Virtual ever Automated Teller Machine( ATM) on the Metaverse.
The Metaverse as we know is a virtual world, it is believed that people will have the opportunity to live, shop, create business and attend concerts in the Metaverse.
This makes the need for more cryptocurrency projects to keep emerging as one of the most used blockchain use cases is cryptocurrency. With cryptocurrency, people can feasibly shop and trade virtual assets in the metaverse.
Learn about the top 10 cryptocurrencies in the Metaverse here.
According to Transak payment gateway; a fiat-to-crypto company that partnered with Decentraland in creating the Virtual Metaverse Atm card, said the purpose for creating the card is to aid flexibility in purchasing digital assets in the metaverse with fiat currency.
In their words:
‘Imagine going to a digital ATM in the metaverse and buying crypto assets with your fiat currency! Join us tomorrow as we unveil World’s First Metaverse ATM in Decentraland”.decentraland
This is yet another sign that the metaverse will keep expanding in market value. It is exciting to note that even amidst the bear season, the metaverse has continued to rise in value upto 9.51 percent increase from just the GameFi sector.
Also learn about crypto loans without collateral.