PopCom, an automated retail technology company specializing in vending machines and kiosk solutions, will leverage its PopCom kiosk to introduce non-fungible tokens, known as NFTs, to deliver artwork “in real life” while delivering digital art on the blockchain, according to a press release.
The NFT Sale will take place during NFT.NYC, a global gathering of Web3 leaders.
PopCom has teamed up with New York native Christopher “Knxtti” Green to design an original collection of NFTs to celebrate famous New Yorkers.
The collection, titled “The NYers,” includes cartoon portraits of Biggie, Whoopi Goldberg, Mike Tyson, Jay-Z and Donald Trump.
For $500, the collector receives one of 10 limited-edition NFTs, a high-quality physical print of the “NYers” collection dispensed by the machine with a QR code to mint a digital NFT. Other exclusive benefits will be unlocked after purchase.
“Artists have more ways to monetize their works than ever before. NFTs have been all the rage, and now we’re taking things a step further,” PopCom CEO Dawn Dickson said in the press release. “PopCom offers artists the ability to distribute art simultaneously in the physical and virtual worlds without galleries or auctions. Artists can now sell peer-to-peer through vending machines.”
The concept behind this “NFT drop” is inspired by the cultural phenomenon of the “sneaker drop”, when fans anticipate and compete for the opportunity to own one of their favorite designer’s limited pair of shoes.
“It’s a sneaker drop, but for artists,” Knxtti said in the press release. “NFT artists aren’t used to people physically coming to buy their work…it’s all digital and disconnected. My collaboration with PopCom bridges the gap.”
The art will only be sold during the week of NFT.NYC, first available June 20 at 12 p.m. and can be purchased on a first-come, first-served basis.
PopCom plans to facilitate multiple releases of NFTs using the PopShop allowing local artists to sell NFTs in cities nationwide.