Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

E-Commerce Giant Shopify Launches Support for NFTs, Partners With NBA’s Chicago Bulls

by Daily Hodl Staff
July 28, 2021
in NFTs
Featured Image: Shutterstock/archy13/BublikHaus

07.28.21

Featured Image: Shutterstock/archy13/BublikHaus 07.28.21

Online shopping platform Shopify says it is offering merchants a way to sell non-fungible tokens (NFTs) directly without using a third-party marketplace.

According to the e-commerce giant’s president Harley Finkelstein, their first partner in the new effort will be the NBA’s Chicago Bulls.

“If you’ve spent one minute on the internet this year, you’ve seen a lot about NFTs. At Shopify, we are making it easier for our merchants to sell NFTs directly through their stores, with one of the first being the Chicago Bulls’ NFT store.

Before Shopify offered this capability, merchants would have to sell through a 3rd party marketplace AKA less control of the sale and customer relationship. Once again, we are putting the power back into the hands of merchants and meeting customers how and where they want to buy.”

The initial digital collectibles to be minted by Chicago Bulls for sale will be memorabilia from their six NBA championships during the 1991 through 1993 and 1996 through 1998 seasons. The sale will occur during the last six days of this month.

“For the first time ever, the Chicago Bulls are minting an officially licensed NFT collection for fans to own. The Bulls Legacy Collection, which highlights the team’s iconic six World Championship rings, features six unique token designs in three distinct tiers of rarity and will be available to purchase (while supplies last) July 26-31.”

Besides non-fungible tokens, Shopify CEO Tobi Lutke in April showed interest in integrating decentralized finance (DeFi) into the e-commerce platform. At the time, Lutke argued that as much as “Shopify is a product of pre-crypto times” it was “spiritually aligned with decentralizing opportunity.”

Check Price Action

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

 
Check Latest News Headlines


 
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/archy13/BublikHaus

Submit a Press Release

Industry Announcements

  • Saddle Finance Announces End of Lock-Up Period for Its SDL Token
    June 24, 2022
  • NFTs Accessible to All With Launch of Fiat-Focused SIMBA Market
    June 23, 2022
  • Korea Blockchain Week To Hold First Live Event in Seoul After Covid Hiatus
    June 23, 2022
  • CoinLoan Partners With Elliptic To Provide Crypto Users With Top-Notch Security
    June 22, 2022
  • Gate.io – The Crypto Winter Is a Good Time To Accelerate Web 3.0
    June 21, 2022
  • How the Earliest Soulbound Use Case Creates Real Web 3.0 Heroes
    June 21, 2022
  • ADI Whitelist – A Universal Identity Layer by Accumulate
    June 20, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$21,440.00
$21,440.00
0.15%
Ethereum
$1,233.24
$1,233.24
0.8%
Cardano
$0.507391
$0.507391
1.97%
XRP
$0.364991
$0.364991
0.3%
Dogecoin
$0.077676
$0.077676
10.49%

Spotlight

  • Crypto Exchange FTX Injects $250,000,000 Into BlockFi, Acquires Stock-Clearing Startup
    June 21, 2022
  • Cardano (ADA) Founder Charles Hoskinson Says Bear Market Makes Crypto Industry Collaboration Easier – Here’s Why
    June 24, 2022
  • Veteran Trader Who Predicted Bitcoin (BTC) 2018 Collapse Unveils Massive Downside Target for Ethereum (ETH)
    June 20, 2022
  • Trader Who Called Current Market Collapse Makes Bitcoin (BTC) Bottom Prediction – Here’s His Price Target
    June 22, 2022
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2022 The Daily Hodl