As part of the collaboration, Novel released an app on the Shopify App Store that provides existing businesses with tools to experience Web3 innovation in e-commerce without any technical expertise or time or monetary commitments.
The app has two main functions: minting and distribution and utility. Users may utilize the minting and distribution tool to create art for a new nonfungible token (NFT) collection or upload an existing NFT collection. Novel may then implement smart contracts over the collection and sell them to users via the e-commerce platform site.
The CEO and co-founder of Novel, Roger Beaman stated:
“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, as an all-in-one Web3 tool on Shopify, also supports token-gating, enabling merchants to add use cases to their NFT collections.
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