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Table of contents

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Press Release: Shopify Users Can Now Create, Mint, and Sell NFTs with the Venly Shopify NFT App

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October 19, 2022

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‍Venly announced the launch of the Venly Shopify NFT App on both Polygon and Avalanche chains, allowing existing Shopify Plus users to easily create, mint, and sell NFTs directly from their Shopify accounts. As Web3 begins to see more widespread adoption, mainstream users are faced with having to navigate technical interfaces and complex user journeys to open blockchain wallets, mint NFTs, and sell on NFT marketplaces. However, the Venly Shopify NFT App offers seamless NFT creation and distribution as well as automated blockchain wallet creation for customers, providing a turnkey solution for Web2 business to experience the promise of Web3.

While Ethereum remains the most popular choice for NFT minting and sales, fees to mint and transact remain high, with the average reaching nearly US $50 in November 2021. Polygon and Avalanche, however, are two well-known and widely used blockchains that offer fast, low cost, and high throughput alternatives for users. 

“As a wide variety of blockchains rather than one single chain begin to see a rise in popularity, the Venly Shopify NFT App provides users with the means to integrate their choice of blockchain technology into existing businesses” Tim Dierckxsens, Co-Founder and CEO of Venly said. “As a blockchain agnostic service provider, Venly will continue to develop a pipeline of additional apps and integrations to provide users with a full suite of tools. As Web3 gains recognition and credibility the world over, Venly is well-placed to make Web3 accessible to existing businesses regardless of their technical expertise.” 

Creating, minting, and selling NFTs with the Venly Shopify NFT App will follow an intuitive, user-friendly workflow, including seamless integration with the Shopify storefront and simplified NFT minting and distribution. Users of the Venly Shopify NFT App will be able to:

  • Configure NFTs through a user-friendly interface
  • Display products in Shopify store for purchase
  • Use Shopify to track inventory and set a maximum supply on NFTs
  • Track NFT minting and distribution status in the order section of Shopify
  • Specify up to 10% royalties on secondary NFT sales via Venly market

Following successful purchase, NFTs will be minted following the industry NFT standard to ensure uniqueness and the app will allow creators to sell NFTs to consumers without existing blockchain wallets by offering automatic wallet creation and NFT delivery via email. This workflow will prevent consumers from having to navigate the previously complex process of opening up a blockchain wallet, allowing more generalist users to create and purchase NFTs.

About Venly

Venly is a blockchain technology provider with over 2.8M end-users. It offers infrastructure solutions, ready-to-use products, and accelerator services for blockchain projects. The main developer tools are the Venly Wallet, Venly Market, Shopify app, and NFT APIs. UX is made with non-Web3 natives in mind which lowers the barrier for entry while the fiat to crypto onramp helps people frictionlessly interact with Web3.

Apply for the Venly Shopify app here.

Table of contents

Example H3
Example H4
Example H5
Example H6

Press Release: Shopify Users Can Now Create, Mint, and Sell NFTs with the Venly Shopify NFT App

/

October 19, 2022

‍Venly announced the launch of the Venly Shopify NFT App on both Polygon and Avalanche chains, allowing existing Shopify Plus users to easily create, mint, and sell NFTs directly from their Shopify accounts. As Web3 begins to see more widespread adoption, mainstream users are faced with having to navigate technical interfaces and complex user journeys to open blockchain wallets, mint NFTs, and sell on NFT marketplaces. However, the Venly Shopify NFT App offers seamless NFT creation and distribution as well as automated blockchain wallet creation for customers, providing a turnkey solution for Web2 business to experience the promise of Web3.

While Ethereum remains the most popular choice for NFT minting and sales, fees to mint and transact remain high, with the average reaching nearly US $50 in November 2021. Polygon and Avalanche, however, are two well-known and widely used blockchains that offer fast, low cost, and high throughput alternatives for users. 

“As a wide variety of blockchains rather than one single chain begin to see a rise in popularity, the Venly Shopify NFT App provides users with the means to integrate their choice of blockchain technology into existing businesses” Tim Dierckxsens, Co-Founder and CEO of Venly said. “As a blockchain agnostic service provider, Venly will continue to develop a pipeline of additional apps and integrations to provide users with a full suite of tools. As Web3 gains recognition and credibility the world over, Venly is well-placed to make Web3 accessible to existing businesses regardless of their technical expertise.” 

Creating, minting, and selling NFTs with the Venly Shopify NFT App will follow an intuitive, user-friendly workflow, including seamless integration with the Shopify storefront and simplified NFT minting and distribution. Users of the Venly Shopify NFT App will be able to:

  • Configure NFTs through a user-friendly interface
  • Display products in Shopify store for purchase
  • Use Shopify to track inventory and set a maximum supply on NFTs
  • Track NFT minting and distribution status in the order section of Shopify
  • Specify up to 10% royalties on secondary NFT sales via Venly market

Following successful purchase, NFTs will be minted following the industry NFT standard to ensure uniqueness and the app will allow creators to sell NFTs to consumers without existing blockchain wallets by offering automatic wallet creation and NFT delivery via email. This workflow will prevent consumers from having to navigate the previously complex process of opening up a blockchain wallet, allowing more generalist users to create and purchase NFTs.

About Venly

Venly is a blockchain technology provider with over 2.8M end-users. It offers infrastructure solutions, ready-to-use products, and accelerator services for blockchain projects. The main developer tools are the Venly Wallet, Venly Market, Shopify app, and NFT APIs. UX is made with non-Web3 natives in mind which lowers the barrier for entry while the fiat to crypto onramp helps people frictionlessly interact with Web3.

Apply for the Venly Shopify app here.

Keep reading

Turn Your Fashion-Selling Shopify Into a Luxury NFT Store

NFTs are revolutionizing customer engagement in the fashion industry, with global brands such as Adidas, Dolce & Gabbana, and Zara investing in digital legacies. Smaller fashion businesses can benefit from NFTs too with platforms like Venly making it easier and more accessible.

Learn more

How to Create an NFT Collection From Scratch

If you've been thinking about launching an NFT collection, this is a great place to start. Learn about defining your audience, researching trends, using token generators, building a community, and more.

Learn more

Everything you need to know about gaming in Web3

The gaming industry is a significant player in the technology sector and is looking to leverage new and emerging technologies to remain competitive. Web3 gaming is already happening and is expected to grow significantly in the coming years.

Learn more

Start building Web3 with Venly

Venly provides the best-in-class blockchain developer tools, resources and support to help you build and scale any Web3 product seamlessly.

Schedule a call

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