{"id":46741,"date":"2021-07-27T11:41:00","date_gmt":"2021-07-27T08:41:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=46741"},"modified":"2025-09-01T17:54:34","modified_gmt":"2025-09-01T14:54:34","slug":"shopify-adds-support-for-direct-nft-sales","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/shopify-adds-support-for-direct-nft-sales\/","title":{"rendered":"Shopify adds support for direct NFT sales"},"content":{"rendered":"<p>The Shopify e-commerce platform has given a select group of merchants the ability to sell NFTs directly, without third-party intermediaries. This was disclosed by Harley Finkelstein, president of the Canadian company.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">If you\u2019ve spent 1 minute on the internet this year, you\u2019ve seen a lot about NFTs. <a href=\\\"https:\/\/twitter.com\/Shopify?ref_src=twsrc%5Etfw\\\">@Shopify<\/a> we are making it easier for our merchants to sell NFTs directly through their stores, with one of the first being the <a href=\\\"https:\/\/twitter.com\/chicagobulls?ref_src=twsrc%5Etfw\\\">@ChicagoBulls<\/a> NFT store. <a href=\\\"https:\/\/t.co\/Qv2wKO7RCS\\\">https:\/\/t.co\/Qv2wKO7RCS<\/a><\/p>\n<p>\u2014 Harley Finkelstein (@harleyf) <a href=\\\"https:\/\/twitter.com\/harleyf\/status\/1419706363161231361?ref_src=twsrc%5Etfw\\\">July 26, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n\\n\\n<\/p>\n<p>The Chicago Bulls basketball team, one of the first to gain access to the new option, unveiled a limited collection of NFTs dedicated to the club&#8217;s NBA championship wins.<\/p>\n<p>\\n\\n<\/p>\n<p>NFTs are issued on the Flow blockchain by Dapper Labs, which runs the NBA Top Shots marketplace. The tokens have gone on sale and will be available for purchase until July 31.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Chicago Bulls NFTs<br \/> \ud83e\udd1d<br \/> <a href=\\\"https:\/\/twitter.com\/Shopify?ref_src=twsrc%5Etfw\\\">@Shopify<\/a> <a href=\\\"https:\/\/t.co\/hOdsZV69aN\\\">https:\/\/t.co\/hOdsZV69aN<\/a><\/p>\n<p>\u2014 Harley Finkelstein (@harleyf) <a href=\\\"https:\/\/twitter.com\/harleyf\/status\/1419798686079635457?ref_src=twsrc%5Etfw\\\">July 26, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\\&#8221;Shopify puts power back in the hands of merchants and gives consumers the ability to choose how and where they want to buy,\\&#8221; said Finkelstein.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>He <a href=\\\"https:\/\/twitter.com\/harleyf\/status\/1419746365228388354?s=20\\\">noted<\/a> that the new functionality is currently available to a limited set of the company&#8217;s clients. In the future the service could be expanded to a larger number of merchants.<\/p>\n<p>\\n\\n<\/p>\n<p>According to <a href=\\\"https:\/\/nonfungible.com\/market\/history\\\">NonFungible<\/a>, over the last 30 days the cumulative NFT sales volume topped $196 million. This is nearly four times higher than a month earlier, when the figure reached $50 million. The historical sales peak occurred in April and May 2021 \u2014 when monthly turnover surpassed $300 million.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier, Galaxy Digital founder Mike Novogratz described NFTs as \\&#8221;expensive for the future\\&#8221; and said that every industry would use this technology to build and develop communities.<\/p>\n<p>\\n\\n<\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/twitter.com\/ForkLog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Twitter<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Shopify e-commerce platform has given a select group of merchants the ability to sell NFTs directly, without third-party intermediaries. Harley Finkelstein, president of the Canadian company.<\/p>\n","protected":false},"author":1,"featured_media":46742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1879,1213,1821],"class_list":["post-46741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-commerce","tag-nft","tag-shopify"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/46741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=46741"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/46741\/revisions"}],"predecessor-version":[{"id":46743,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/46741\/revisions\/46743"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/46742"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=46741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=46741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=46741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}