Loading...

Shopify unveils exciting tools for NFT merchants

TL;DR

  • Shopify unveils new tools for NFT merchants
  • Shopify officially releases the tokengating feature
  • Merchants will integrate the SIWE sign-in feature

Shopify has announced the release of a suite of tools based on blockchain to help users navigate through its Web3 stores. Taking to Twitter, the platform designer broke the news to old and prospective customers. According to the designer, the new tools will help users feel the whole Web3 experience. Asides from that, Merchants on the platform will be able to leverage the tools to create tokengating applications.

Shopify officially releases the tokengating feature

The highlight of the newly released tools is the expansive wallet connection and the tokengating app interface that has been developed. The tokengating feature has undergone a series of tests after Shopify announced it was working on it last year. After a while, the platform released a test version that was only open to a list of selected merchants of their NFT stores.

With the new feature, merchants can choose the type of customers they prefer via the tokens they hold. In addition, the merchants on Shopify will be able to open to close access to their products and services to users. This way, the merchants have a say in who gets listed for NFT drops, benefits, and other special perks. The tool uses a wallet connection for verification and is a perfect way for merchants to interact with customers.

Merchants will integrate the SIWE sign-in feature

Shopify also announced that it has teamed up with SIWE protocol on Ethereum which will help support its sign-in feature. The protocol is a product of the Ethereum NS and Foundation. The protocol allows users to sign in without compromising their privacy and opening up delicate details to other applications. Shopify has previously had a series of complaints and allegations against the company for a breach of private user data.

Last year, the platform was sued in court for illegally violating their confidential information in 2020. Shopify was a co-defendant in the case alongside Ledger. An advocate of ENS has also released a document highlighting how merchants can set up the feature. The merchant enables the feature from SIWE, which will allow users on their end to log in using their Ethereum address. Users can sign in through some of the supported partners in the project.

The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

Share link:

Owotunse Adebayo

Adebayo loves to keep tab of exciting projects in the blockchain space. He is a seasoned writer who has written tons of articles about cryptocurrencies and blockchain.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Related News

Gurbir Grewal Reflected About Efforts of Compliance of Crypto-Industry.
Cryptopolitan
Subscribe to CryptoPolitan