This Luxe Vending Machine Trades Cash for Pieces of Gold and Silver
Laura McQuarrie — September 29, 2014 — Luxury
References: luxury-insider & luxurylaunches
The SMART Gold ATM is a gold vending machine that's newly been introduced to Resorts World Sentosa and Marina Bay Sands in Singapore. In addition to being gold in appearance, the vending machines are able to dispense items like 10 gram solid gold bars, customizable gold coins and ingots of silver.
Most vending machines have long been associated with inexpensive junk food items, but the SMART Gold ATM brings the convenience of these machines to upscale resorts, making the objects available from this machine truly unique souvenirs to take home. The machine also has the ability for people to take a photo or send an e-greeting to someone back home, with the use of a built-in camera and wireless technology.
Most vending machines have long been associated with inexpensive junk food items, but the SMART Gold ATM brings the convenience of these machines to upscale resorts, making the objects available from this machine truly unique souvenirs to take home. The machine also has the ability for people to take a photo or send an e-greeting to someone back home, with the use of a built-in camera and wireless technology.
Trend Themes
1. Luxury Vending Machines - A trend of creating vending machines that dispense high-quality and luxury items instead of traditional junk food.
2. Customizable Souvenirs - A trend of creating personalized and unique souvenirs through vending machines.
3. Innovative Vending Machine Technology - A trend of incorporating advanced technology into vending machines for added convenience.
Industry Implications
1. Hospitality Industry - The SMART Gold ATM proves that vending machines can be used to offer high-end items and experiences, making them a disruptive innovation for the hospitality industry.
2. Retail Industry - Vending machines like the SMART Gold ATM offer an alternative option for customers to purchase luxury items without the need for traditional brick-and-mortar stores, disrupting the retail industry.
3. Financial Industry - Gold vending machines like the SMART Gold ATM reflect a potential new avenue for gold and precious metal investors and traders, presenting a disruptive innovation for the financial industry.
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