Shopify merchants now have access to the Venly Avalanche app, enabling them to mint and sell NFTs with ease through a user-friendly application.
Avalanche made an announcement on the expansion of support for Venly within the Shopify NFT minting app. The layer-1 blockchain platform, which had previously been made available to only a restricted group of Shopify users is now made available to all merchants on the platform and is being marketed as a quicker and more cost-effective alternative to the leading NFT platform Ethereum.
The new partnership with Venly will enable merchants to swiftly develop, mint, and sell non-fungible tokens at a minimal cost with just a few clicks of a button. Purchasers of an NFT will not be required to have an existing Avalanche wallet, nor will they be required to handle cryptocurrency in order to make a purchase. Instead, users have the option of paying using fiat currency such as with a credit card, after which they will be sent a link to a newly-created Avalanche wallet that contains the newly-minted NFT, which they are then free to transfer to any location of their choosing.
Christina Lomazzo, Shopify Blockchain Ecosystem Lead said in a statement: “Through the launch of our expansive blockchain ecosystem, we are thrilled to provide merchants with a platform that allows them to sell NFTs directly from their storefronts. This is an incredible opportunity for us to contribute towards Web3 growth and expand what’s possible in commerce.”
Tim Dierckxsens, CEO & Cofounder of Venly, also commented: “With Shopify’s vision to make commerce better and our goal of making blockchain simpler, we offer businesses an accessible entry point to both. The Venly Shopify NFT App provides users the exciting opportunity to engage in Web3 eCommerce regardless of their technical expertise.”
Shopify is a cloud-based, e-commerce platform that allows users to create an online store to sell products and services. The platform provides a variety of tools and features to help merchants manage their online stores, including the ability to manage products, process orders, handle payments, and track shipments. Shopify also offers a range of customizable templates and a mobile app to help merchants manage their stores on the go. In addition, the platform integrates with a variety of third-party tools and services, such as shipping carriers and marketing platforms, to help merchants run and grow their businesses. Overall, Shopify is a popular choice for individuals and small businesses looking to set up an online store and start selling products or services online.
Venly is a company that offers a range of tools and resources for blockchain developers. These tools and resources are designed to help developers build and scale Web3 products, which are decentralized applications that run on a blockchain network. Venly also provides support to help developers navigate the process of building and scaling these products. Overall, the company aims to be a leading provider of blockchain developer tools and support, helping developers create successful decentralized applications.
The increasing interest in the adoption of cryptocurrencies has led to more businesses and organizations exploring the possibility of using these digital assets or incorporating them into their operations. This includes partnerships with cryptocurrency exchanges, payment processors, and other firms that facilitate the use of cryptocurrencies.
The potential benefits of using cryptocurrencies, such as faster and cheaper transactions, increased security, and reduced dependence on traditional financial institutions, have made them attractive to businesses and organizations. This has led to a surge in partnerships and adoption as more companies look to tap into these benefits.