Shopify Inc a Canadian e-commerce solution provider, is making big moves in the world non-fungible tokens. Harley Finkelstein, Shopify’s President, tweeted that the company would support merchants selling NFTs on Monday, July 26.
Non-fungible tokens are the latest trend in crypto. NFTs have been sold for millions over the past few months. NFTs allow for the democratization of content control due to the fact that each token has a unique number. They also bring authenticity and security through the use of blockchain.
NFTs are a promising future for tech industry players. They have been fascinated by its potential applications, it is obvious. Shopify is now getting involved in NFTs. Shopify powers over 1.7 billion businesses around the world. It can thus open up NFTs to a wider audience. Chicago Bulls NFTs-The First Shopify Merchant
Shopify will offer NFTs to the Chicago Bulls, National Basketball Association. It launched its own NFT collection Monday with six world championship rigs. The official website of the Chicago Bulls state:
The 1991 Championship Ring will be the first NFT to go on sale. Every NFT purchase comes with a random serial numbers. The Chicago Bulls will not reveal the rarity of an NFT until it is opened.