Decentraland has partnered in partnership with Transak along with Metaverse Architects Studio to launch the first-ever metaverse ATM.
Since its inception at the beginning of time, the virtual world has made huge leaps toward recreating the real world and turning its surroundings into a 360deg fully real-time digital one.
In the wake of an announcement that the very first pharmacy, banks and other companies to be operating inside the virtual world, it’s now the time to install to open an ATM.
Decentraland is a web-based 3D virtual reality platform that has partnered in partnership with Transak payment gateway as well as Metaverse Architects Studio to create one of the first virtual worlds.
Transak ATM allows customers to purchase Decentraland’s native currency “MANA” along with any other cryptocurrency, with fiat currencies from the metaverse.
ATM is a virtual ATM is intended to enhance the metaverse experience for users by mimicking ATM transactions that occur in actual life.
According to the developers of the ATM, the ATM is designed to simplify the metaverse experience of users by creating Web 3.0 transactions that resemble that of making use of an ATM in real life. The idea was devised by Transak which offers a payment gateway that converts fiat into crypto. The people behind this move believe that this solution will boost conversion rates in metaverse stores while reducing the gap in the knowledge required to function in Decentraland.