Chicago Bulls team up with Shopify to launch NFT series

The Chicago Bulls of the NBA launched NFT through Shopify, the leading e-commerce platform, describing six championship victories in the 1990s.

Shopify is a multinational company that provides a website-based storefront and payment infrastructure. President of Shopify, Harley Finklestein, Announce The NFT on Twitter dropped earlier today.

According to Finklestein, the Chicago Bulls franchise is one of Shopify’s first partners to launch an NFT storefront on the platform. Shopify’s president pointed out that the service will only usable The “minority” who have reached the formative stage.

Shopify integrated Sweet’s NFT market in May, allowing its customers to issue and sell irreplaceable tokens directly through the popular e-commerce interface. Sweet supports NFTs issued through Ethereum’s ERC-721 standard, Simple Ledger Protocol’s SLP token standard, and Dapper Labs’ Flow blockchain.

The NFT of the Chicago Bulls is Cast On Flow, it also has an officially authorized NBA Topshot tokenized highlight collection.

“Bull Heritage Collection” will be in Released With more than 6 drops, each token celebrates the six iconic championships won by the team between 1991 and 1998. The first NFT was launched on July 26 and is now sold out, and the second token is scheduled to be launched later today. The remaining four NFTs are planned to be launched in the next four days.

Bulls Legacy Collection, No. 1: nft.bulls.com

related: The future of art? World-renowned artists in-depth study of NFT

Although the NFT industry has recently cooled down, NFT sales exceed 2.5 billion U.S. dollars The first half of 2021.

On July 21, Cointelegraph reported that the popular NFT market OpenSea has closed a US$100 million in Series B financing This round of financing was led by venture capital firm Andreessen Horowitz, valued at $1.5 billion-which shows that venture capital investors are still optimistic about irreplaceable industries.

Retail investors still seem to be eager to obtain precious NFTs, Tyson Fury releases NFT for the first time Seen in the auction on July 16 that the price of a token is close to 1 million U.S. dollars, and More than 32,000 people Last week, I signed up for the latest NFT price reduction event by contemporary artist Damien Hirst.