NFT: Shopify welcomes Avalanche-based – The Cryptonomist
Shopifythrough the Venly app, has introduced Avalanche-based NFTs to its millions of merchants so that they can be sold through their online stores.
NFTs: Shopify adds Avalanche blockchain
The online shopping giant Shopify into 2023 by adding the Avalanche blockchain for its NFT offering service dedicated to its millions of merchants.
Landslide and @Shopify join forces to enable millions of Shopify merchants to create eco-friendly digital collectibles for the masses with @Venly_io The Shopify NFT app.
Shopify sellers can quickly start selling #Avalanche NFTs straight from our own shop! pic.twitter.com/WOwoV0oCYh
— Avalanche 🔺 (@avalancheavax) 5 January 2023
Basically, according to Polygon, Shopify’s millions of sellers can now too design, create and sell Avalanche NFTs through their online store.
This new integration was made possible by Venly’s app, which creates a simple experience for the e-commerce giant’s buyers and sellers. In fact, it is responsible for the technological part, so buying and selling NFTs on Shopify does not require technical knowledge of Blockchain.
In this regard, Tim DiercksensCEO and co-founder of Venly said:
“With Shopify’s vision to make commerce better and our goal to make blockchain easier, we offer businesses an accessible entry point for both,” said Tim Dierckxsens, CEO and co-founder of Venly. “The Venly Shopify NFT app gives users the exciting opportunity to engage in Web3 e-commerce regardless of their technical expertise. Since Avalanche is a blockchain that is very fast, low-cost and environmentally friendly, it was an obvious choice for us to provide businesses an excellent NFT sales solution.”
Avalanche NFTs: eco-friendly blockchain now available for e-commerce
This news is also an excellent opportunity for the so-called “green” blockchain of Avalanchewhich makes its NFTs available to a behemoth that generates $1 billion in revenue per quarter.
Buying and selling NFTs for customers will be as seamless as the seller’s existing experience, as Avalanche is able to complete almost instantly and at low cost.
In this regard, John NahasThe VP of Business Development at Ava Labs said:
“The Venly Shopify NFT app empowers millions of Shopify merchants to rapidly grow their digital stores with the speed and eco-friendliness of Avalanche NFTs. The integration makes it easy to navigate Avalanche NFT sales from initial design all the way through final distribution. The app powered by Avalanche marks a step forward for Web3 UX – and NFT enthusiasts worldwide.”
Integration on OpenSea
Current news about Avalanche NFTsfollows what was in October last year their integration on the most popular Non-Fungible Token marketplace, Open sea.
OpenSea has added support for the Avalanche Blockchain to help creators, collectors and contributors engage with NFTs on a larger number of chains and provide the best possible selection.
As such, Avalanche results in faster completion of NFT transactions and consistently low transaction fees.
Not only that, OpenSea has joined the existing Avalanche NFT marketplaces to Joepegs, Kalao, Campfireand NFTrade which offers the Avalanche community a home to showcase, list and trade NFTs.
Avalanche (AVAX) has gained 15% in the last 7 days
While Avalanche’s NFTs will soon be characterized by more users, The AVAX crypto appears to have experienced a 15% price pump over the past 7 daysthe timing of Shopify’s news.
Actual, AVAX has gone from $10 last week, to current $12.50 (time of writing).
The 18th crypto now has nearly $3.9 billion in total market capitalization, with a dominance of 0.46%.
Admittedly, today’s price is a short-term pump that is still one a far cry from AVAX’s $89 price last year. And even further from his ATH – All Time-High (or all-time high) of $128 was touched in November 2021.
