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Blockchain firm GigLabs has debuted an app to assist Shopify Plus retailers design and promote non-fungible tokens (NFTs) on their Shopify storefront, in line with a Wednesday (Dec. 15) press release.
The GigLabs NFT App is obtainable within the Shopify App Retailer and allows retailers to create and promote NFTs on the Flow blockchain inside minutes, in line with the announcement. Move has greater than 2 million accounts, greater than 17 million particular person NFTs and greater than 10 million secondary market NFT sale transactions, in line with the press launch.
“The next evolution for eCommerce is NFTs, and the GigLabs NFT App in the Shopify App Store allows select businesses to quickly and easily offer NFTs to their consumers,” mentioned GigLabs Chief Product Officer and Co-founder Brian Burns. “We partnered with BreakingT and Infinite Objects as early adopters to help spec out and test our app, and now both companies are able to seamlessly integrate NFTs within their existing Shopify stores as our first customers.”
BreakingT and Infinite Objects are the primary corporations to debut NFTs utilizing the GigLabs app.
The GigLabs app is the newest innovation designed for Shopify retailers. Earlier this week, Tapcart, a cellular app supplier for greater than 20,000 Shopify corporations, launched an integration with Talkable to supply on-line retailers with referral applications inside their cellular apps.
Learn extra: Talkable, Tapcart Offer In-App Referral Program to Online Retailers
NFTs to proceed to develop in reputation, with numerous creators utilizing the tokens to deal with unique digital content material, equivalent to music, movies, pictures, and artwork.
Earlier this week Nike signaled its assist of NFTs with the acquisition of RTFKT, an NFT collectible and trend startup.
Particularly interesting to the sneaker firm, RTFKT presents a hybrid NFT and bodily shoe collectible.
See additionally: Nike Buys Digital Fashion, NFT Startup RTFKT
To maintain the ahead momentum occurring NFTs, final week B2B NFT firm Mnemonic introduced it had generated $4 million in seed funding.
Associated: ‘First B2B NFT’ Company Mnemonic raises $4M
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NEW PYMNTS DATA: AUTHENTICATING IDENTITIES IN THE DIGITAL ECONOMY – DECEMBER 2021

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