Venly Launches NFT App on Shopify

Published on: 21.10.2021

Venly Launches NFT App on Shopify to offer a new Shopify application for merchants to mint and sell non-fungible tokens (NFTs). The co-developed app will leverage Polygon POS technology to reduce friction from lofty NFT minting and transaction fees.

Shopify merchants simply subscribe to Shopify Plus using the application, connect it to their online store, and configure it. Once that is done, the merchant is free to create unique NFTs and begin selling them to customers. When an NFT is purchased, the checkout flow and payment process remain exactly as they currently operate, so customers don’t have to grapple with a new system.

The app comes as part of a drive to take e-commerce to new levels and push the boundaries of what customers can do. As NFTs continue to penetrate the mainstream, consumers are increasingly looking for ways to get involved. However, barriers to entry remain high for the average consumer, namely due to a lack of NFT on-ramps and prohibitively high gas fees. The app, powered by Polygon, strives to change this.

Unique merchants such as Beckett, 1of1nft, Moniker Art Fair, Avata, JG Contemporary, Creative Debuts, Bicycle cards, Miss J Alexander Crypto Couture, and artists such as INSA, 2ALAS are currently on board to utilize Venly’s new NFT app along with Shopify merchants in the near future. The app enables B2C retailers in various industries to bring NFT products to their existing client base with minimal changes to their current stores.

About Shopify

Shopify is a commerce platform that allows anyone to set up an online store and sell their products. Merchants can also sell their products in person with Shopify POS.

Shopify started over ten years ago when our founder Tobi wanted to sell snowboards with his company at that time called Snowdevil. He quickly realized it was incredibly challenging to sell snowboards online without an easy to use ecommerce platform. So he decided to create it himself, and Shopify was born.

Shopify is now the leading commerce platform designed for businesses of all sizes. Whether you sell online, on social media, in store, or out of the trunk of your car, Shopify has you covered. The first Shopify store was our own, and it’s been our mission to make commerce better for everyone ever since.

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, 350M+ txns, and ~13.5M+ distinct users.

About Venly

Venly is a blockchain technology provider. It offers users of blockchain projects digital wallets to store assets with a native solution that also works on mobile devices. Venly also recently launched the Venly Market as the first-ever peer-to-peer and blockchain agnostic NFT marketplace. And with Venly’s NFT-tools, blockchain games, projects, and decentralized applications can tap into an entirely new revenue stream without having experience in blockchain engineering or a complex regulatory framework.

➡️Source:
https://blog.polygon.technology/venly-launches-nft-app-on-shopify/

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