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Avalanche Brings NFTs to Shopify

Posted July 1, 2022 2:57 pm
2 min
By Jethro Sandico

Blockchain technology company Avalanche has partnered up with Curvegrid to bring NFTs to popular e-commerce platform, Shopify, both companies announced on their respective Twitter accounts. 

This step breaks down a core barrier of entry to the Web3 space, allowing people to streamline their NFT creation and auction efforts, while also opening up the industry to a whole new audience. 

Following Ava Labs’ launch of its Web3 browser, Core, blockchain software company Curvegrid took the step of integrating Avalanche support for NFTeapot – a minting app found on Shopify Plus allowing users to sell items through traditional payment channels, with minimal gas fees. 

Here’s what we know about NFTeapot so far:

Although Avalanche’s NFT market remains smaller in size than that of OpenSea, the company is showing signs for rapid growth. Avalanche’s focus on Web3 platforms such as Core, is a huge boost to the industry experience. Core’s introduction opened up vast possibilities by offering users smoother transactions to go along with a more intuitive interface.

Since Core’s release, the inflow of NFTs to the Avalanche network in parallel also increased. 

According to TVL aggregator DeFi Llama, Avalanche now has $2.83B TVL (Total Value Locked). Much of their network’s most recent climb can be attributed to the growth of play-and-earn NFT games such as Crabada. NFTrade and Kalao are two of the largest marketplaces on Avalanche with Kalao attracting a lot of activity from Crabada players.

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