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Shopify adds merchant support for NFTs

Tuesday 12 October 2021 12:29 CET | News

Shopify officials have recently announced that the company will be offering integrated NFT support on its platform.

Despite the fact that the Shopify team has yet to issue a formal press release, the company CEO has shared that a select few Shopify customers have been allowed the ability to integrate tools to streamline NFT sales. 

According to explica.co, Shopify has backed a recent NFT launch with the US sports team Chicago Bulls. With this launch, NFTs are being launched via the Flow Blockchain. It remains to be seen what other chains, if any, Shopify will support. 

According to Statista, NFT sales recorded during April 2021 generated an aggregated value of nearly USD 64 million. As of 15 September 2021, the aggregated sales value over 30 days rose significantly, amounting to roughly USD 774 million.

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Keywords: cryptocurrency, Shopify, product upgrade, NFT
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: United States
This article is part of category

Blockchain & Cryptocurrencies