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Shopify Merchants Can Now Sell NFTs Directly On The Platform

July 28, 2021
in Australian Crypto News
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Popular e-commerce platform Shopify is gradually tapping into the non-fungible tokens (NFTs) trend. In a recent tweet, president Harley Finkelstein mentioned that Shopify merchants can now sell NFT content directly from their online stores. 

At the moment, this offering is only available for a limited number of merchants. “A select few for now. Stay tuned,“ the president said. 

If you’ve spent 1 minute on the internet this year, you’ve seen a lot about NFTs. @Shopify we are making it easier for our merchants to sell NFTs directly through their stores, with one of the first being the @ChicagoBulls NFT store. https://t.co/Qv2wKO7RCS

— Harley Finkelstein (@harleyf) July 26, 2021

Chicago Bulls to Debut First NFT Sale on Shopify

According to Finkelstein, the Chicago Bulls basketball team will be hosting one of the first NFT collection sales under Shopify. The so-named “Bulls Legacy Collection” will be a limited edition offering to highlight the team’s six World Championship rings and NBA titles. 

The Chicago Bulls NFTs were minted on Dapper Labs’ Flow blockchain, and “no more than” 567 will be minted. 

Before Shopify offered this capability, merchants would have to sell through a third-party marketplace [with] less control of the sale and customer relationship. Once again, we are putting the power back into the hands of merchants and meeting customers how and where they want to buy.

Shopify presidentHarley Finkelstein

Shopify Keeps Drawing Close to the Crypto Space

Shopify is one major e-commerce company that has tried to blend into cryptocurrency trends. Since 2014, the company has been supporting crypto integrations. As recently as April 6, Shopify CEO Tobi Lutke showed interest in DeFi, asking for opportunities and suggesting the role the company could play in the decentralised finance space. 

Last year, Crypto News Australia reported that Australian developer Jeronimo Backes was working on an integration that will enable Shopify stores to accept payments easily in Cardano (ADA).

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The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.


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