Shopify merchants can sell Avalanche NFTs through Venly app
In Brief
Through Venly’s Avalanche app, all Shopify merchants can sell NFTs hassle-free.
Buyers don’t need to own crypto nor have an Avalanche wallet to buy NFTs through Shopify.
Shopify is now offering more opportunities to its millions of merchants to diversify their store offerings. The multinational e-commerce company will allow for the design, minting, and sale of NFTs based on the Avalanche network through the Venly Shopify merchant app. In addition, merchants don’t have to be tech-savvy to be able to sell NFTs.
Shopify owners can create and turn NFTs into items that can be showcased and bought on their storefronts. Afterward, merchants can earn additional royalties on secondary NFT sales through Venly.
The buying process will also be simple. Buyers aren’t required to have an existing crypto wallet; instead, they will get an email with a link to a new blockchain wallet.
“With Shopify’s vision to make commerce better and our goal of making blockchain simpler, we offer businesses an accessible point of entry to both. The Venly Shopify NFT App provides users with the exciting opportunity to engage in Web3 eCommerce regardless of their technical expertise. Being a blockchain that is very fast, low cost, and eco-friendly, Avalanche was an obvious choice for us to provide businesses an excellent NFT sales solution,”
said Tim Dierckxsens, CEO and co-founder of Venly.
NFTs will undoubtedly become more accessible to the public as the e-commerce giant generates over $1 billion in total revenue per quarter. With the announcement, Shopify is joining a rapidly growing number of mainstream platforms that have already adopted NFTs. Instagram and Facebook recently integrated Ethereum, Polygon, and Flow NFTs for selected digital creators in the U.S., Reddit launched NFT collections, and Twitter integrated NFTs as PFPs.
NFT commerce platform Metav.rs, which aims to become the “Shopify of the metaverse,” raised $3 million in a seed funding round led by Jsquare in October. Metav.rs is a Web3 startup that provides tools for NFT commerce and metaverse experiences, and who knows, maybe one day it will become a competitor to Shopify.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.
More articles
Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.
