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Shopify now Supports NFT Trading and Minting

By:
Oluwapelumi Adejumo
Updated: Dec 20, 2021, 13:44 UTC

Shopify users can now mint and trade their NFTs via the platform.

Shopify nos Supports NFT

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Shopify has taken a step further in its crypto adventure, as an announcement from the popular e-commerce and payment service company indicated that its platform is now NFT-enabled. Users can now mint and trade collectibles on the platform.

Users can Mint Their NFTs

The company’s CEO, Tobias Lütke, shared this in a tweet announcement.

Available information shows that GigLabs NFT played a pivotal role in making this service available, as Shopify partnered with the company to tap from its NFT technological tool based on the Flow blockchain. NFT-based on other blockchain networks such Ethereum, Polygon, and others can be minted by teaming with its partner apps.

In the comment of Shopify’s Product Director, Robleh Jama, “Our growing NFT app ecosystem demonstrates our commitment to offering merchants an accessible approach to selling digital assets directly through their Shopify stores.”

Among payment methods available for NFT fans that may want to purchase the collectibles include Shopify Payments and Shop Pay. The platform also accepts payments using crypto, credit, or debit cards. After the purchase, users will receive the NFT through an email to easily add the NFT to their digital wallets directly.

Shopify U.S Users to be the First to Enjoy the Service

According to information on its website, this NFT service is currently available for its U.S-based users, especially the Shopify Plus merchants. Interested customers who want to add this service to their Shopify Plus accounts must contact the partnered NFT firm, GigLabs NFT, for necessary information.

Per a brief, BreakingT and Infinite Objects would be among the firms to first utilize the application’s service on the platform. “The firms intend to develop a new source of income and deepen customer loyalty. Both brands worked closely with GigLabs to design and create the application.” 

This is not the first step of Shopify in its long crypto journey. Its journey can be traced to 2020, when it started accepting Bitcoin through the partnership with BTCPay. It also offered an open-source service with support to integrate multiple functions in stores that use Shopify.

About the Author

Oluwapelumi is a firm believer in the transformative power power Bitcoin and Blockchain industry holds. He is interested in sharing knowledge and ideas about how the industry could play a pivotal role in the emerging financial system. When he is not writing, he is looking to meet new people and trying out new things.

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