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Avalanche NFTs can now be designed, minted, and sold by Shopify merchants

Avalanche NFTs can now be designed, minted, and sold by Shopify merchants

#Avalanche #NFTs #designed #minted #sold #Shopify #merchants Welcome to Alaska Green Light Blog, here is the new story we have for you today:

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On Thursday, Shopify (SHOP) increased the integration of non-fungible tokens (NFTs), enabling its millions of merchants to start creating, producing and selling Avalanche NFTs.

According to John Nahas, vice president of business at Ava Labs, the company that developed the Avalanche blockchain, “the connectivity makes it easy to handle the Avalanche NFT sale from initial design to final distribution.”

According to a press release, stores are allowed to sell NFTs via the Venly Shopify merchant app with “minimal technological skills”. Merchants’ NFTs are “automatically converted into products” that can be seen and purchased from their storefronts. Additionally, customers do not need to already have a cryptocurrency wallet as they will instead receive an email with a link to a brand new blockchain wallet.

The e-commerce giant unveiled its first NFT integration in July 2021, allowing retailers to sell NFTs directly from their stores rather than through marketplaces operated by third parties. The platform also unveiled an NFT collection featuring the NBA’s Chicago Bulls.

Shopify has joined the growing list of well-known marketplaces that accept digital collectibles. Reddit successfully launched its NFT marketplace, and Instagram and its parent company Meta just opened up NFT minting and selling to a select group of digital entrepreneurs.

Venly claims that Shopify owners can receive royalties on further NFT transactions via the Venly Market.
According to Christina Lomazzo, head of blockchain ecosystem at Shopify, “Our expanding blockchain ecosystem demonstrates our commitment to helping merchants sell NFTs directly from their storefronts and to help further encourage participation in Web3 and the opportunity in commerce to expand.”

Summary of the news:

Avalanche NFTs can now be designed, developed, and sold by Shopify merchants Check out all the news and articles from the latest business news updates.

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