Main world e-commerce platform Shopify introduced a partnership with Novel, a no-code Web3 commerce platform, to make Web3 applied sciences accessible and approachable for all retailers.
As a part of the partnership, Novel launched an app on the Shopify App Retailer, which equips current retailers on Shopify with instruments to expertise Web3 innovation in e-commerce with none technical information or time and financial commitments.
The Novel Shopify app delivers two major options: minting and distribution, and utility. The minting and distribution function permits customers to generate artwork for a brand new nonfungible token (NFT) assortment or add an current NFT assortment. Novel can then deploy sensible contracts over the gathering and make them accessible to customers for buy on the Shopify storefront.
As soon as an NFT is bought, Novel will automate the foreign money bridge and create a corresponding crypto pockets for the purchasers. On the utility facet, Novel permits retailers, together with manufacturers and creators, to allow token-based utility on their Shopify storefronts, together with token-gated merchandise, URLs and reductions, cross-chain gating on Solana, Ethereum and Polygon, ERC-20 gating and extra.
Sharing the main points, Roger Beaman, CEO and co-founder of Novel, said:
“By integrating with Shopify, we’re in a position to leverage the industry-leading ecommerce platform they’ve constructed to equip all Shopify retailers with the instruments they should enter the Web3 commerce area.”
As an all-in-one Web3 device on Shopify, the Novel app additionally powers token-gating for retailers so as to add use circumstances to their NFT collections.
Associated: Shopify unveils tokengated commerce as a part of new connect-to-consumer expertise
Cointelegraph launched a brand new function permitting customers to transform articles into NFTs. With this function launch, Cointelegraph created the primary decentralized catalog of stories whereby customers can convert printed articles into mintable NFTs through the Cointelegraph Historic assortment.
Much like accumulating outdated newspapers for saving sentimental headlines, Cointelegraph permits readers to personal and relive milestones in crypto, corresponding to Bitcoin’s Taproot improve or El Salvador adopting BTC as authorized tender.
The journalist is a writer and digital nomad. Loves thinking, learning, and writing about all things Web3, particularly its impact on major creative industries.