So, non-fungible tokens have reached a point of bridging between industries a long time ago. We’ve seen the bridging between the sneaker industry, music industry, culinary industry, gaming industry, and so much more. And, of course, the retail industry! This brings us to the topic at hand: the Shopify NFT store.
Shopify is one of the LARGEST e-Commerce platforms in the world. Specifically, for us, it is one of the best places to cop sneakers online using Shopify bots. But, it goes more than just sneaker copping. Shopify gives people a medium to sell stuff online by opening online stores on the platform. They offer all kinds of plans and services to help you through your selling journey. However, the Shopify NFT store takes things a step further.
Therefore, we’re going to discuss all the potential profits you could make using the Shopify NFT store. As a non-fungible token holder, this is something that will definitely interest you! So, keep reading to find out more about this tokengated shop. Also, make sure you join our FREE hub for non-fungible token knowledge. Become a master of the non-fungibles! Click on the button below to join NOW!
THE NFT SHOPIFY STORE
Let us begin with the question of what is an NFT Shopify store? About a year ago, Shopify added a service that allowed sellers to sell NFTs using Shopify. This way customers don’t have to go to another marketplace to buy NFTs. In other words, tokengated commerce!
The entire goal behind tokengated commerce is to add value to NFTs and give exclusive access to token holders. This could be anything from discounts, VIP access, member-only events, and more different utilities. Plus, above all, it makes things a lot easier for customers to buy NFTs!
But, why use Shopify as opposed to other NFT marketplaces? An NFT Shopify store can bring a lot of advantages for both the buyer and seller which can include:
- Brand recognition (1.7+ million companies use Shopify)
- More supported blockchains
- A variety of payment methods
- Different and simple claiming processes
- Sell NFTs through your own Shopify store
Also, as a beginner in the industry, people might not be comfortable trying out new marketplaces right off the bat! With Shopify, there are more than 1.7+ MILLION companies that use the platform.
This allows an endless number of people to try their hand at non-fungible tokens!
NFT Shopify Store Features |
|
Supported Blockchains |
Popular blockchains including Ethereum, Polygon, Solana, and Flow |
Supported Payment Methods |
– Debit and credit cards |
Claiming Process |
– People who buy the NFTs can claim them through an email link |
Minting Process |
Users can mint NFTs from Shopify’s NFT minting app partners |
Availability |
This service is currently only available in the U.S. |
Fees |
– The same normal product fees apply |
How to Buy & Sell on an NFT Shopify Store?
So, to sell through an NFT Shopify store, you have to do the following steps:
- First, upgrade to the Plus plan and apply for the NFT beta program
- Set up your online store
- Create a website on Shopify
- Select the payment method you want to use
- Start creating and selling!
On the other hand, if you’re a buyer looking into shopping on an NFT Shopify store, here’s what you do! To buy and claim your NFT, follow these steps:
- You visit the website of your choice
- Add an NFT to your shopping cart
- Pay with the selected payment method
- And, go to checkout!
- You will then receive an email link to claim your NFT
Note: users looking to buy NFTs should have a crypto wallet set up beforehand!
In a nutshell, it seems like non-fungible tokens are here to stay. And, an NFT Shopify store is just the beginning of all the upcoming applications and integrations of NFTs. Also, with the development of Web3, you can only imagine how the virtual space is going to look in a while. So, maybe it’s time you find yourself a place in this space!