Novel can put smart contracts on top of the NFT collections and let users buy them through the Shopify storefront.
Shopify, a major global e-commerce platform, has teamed up with Novel, a no-code Web3 commerce platform, to start making Web3 technologies easy for all merchants to use.
As part of the partnership, Novel put out an app in the Shopify App Store that gives existing Shopify merchants the tools they need to try out Web3 innovations in e-commerce without having to learn any new skills or spend a lot of time and money.
The main functions of the Novel Shopify app are minting and distribution and utility. The minting and distribution feature lets users make art for a new collection of NFTs or upload an NFT collection they already have. Then, Novel can put smart contracts on top of the collection and let users buy them through the Shopify storefront.
When a customer buys an NFT, Novel will automate the currency bridge and make a crypto wallet for that client. On the utility side, Novel lets merchants, including brands and creators, enable token-based utility on their Shopify storefronts. This includes token-gated products, URLs, and discounts, cross-chain gating on Solana, Ethereum, and Polygon, ERC-20 gating, and more.
Roger Beaman, CEO and co-founder of Novel, talked about the details:
“By integrating with Shopify, we’re able to leverage the industry-leading ecommerce platform they have built to equip all Shopify merchants with the tools they need to enter the Web3 commerce space.”
The Novel app on Shopify is an all-in-one Web3 tool that also lets retailers add use cases to their NFT collections through token-gating.
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