1. Home
  2. ethereum address

ethereum address

Shopify launches suite of blockchain commerce tools for merchants

Shopify NFT merchants can now use the tokegating tools to dictate which token holders can and cannot gain access to exclusive products, NFT drops and benefits.

Crypto-friendly e-commerce giant Shopify has launched a suite of blockchain commerce tools to enhance the user experience of their web3-focused stores hosted by the platform.

Announcing the move via Twitter on Feb. 9, Shopify blockchain team designer @ryancreatescopy noted that “we've launched some fresh tools to help you buidl tokengating apps for Shopify merchants.”

In particular, expanded crypto wallet connect features and “tokengating” application programming interface (API) tools have been highlighted. The latter has been in early access beta access mode since June 2022 and was previously only available to a select number of merchants.

With tokegating, all applicable Shopify merchants can now set up their stores to dictate which token holders can and cannot gain access to exclusive products, NFT drops and benefits.

The tool verifies user eligibility via their connected wallet, and is being touted as a handy way for NFT Merchants to reward certain users or add exclusivity to specific products.

tokegating example: Shopify

In terms of expanded crypto wallet support, Shopify has integrated with the Sign-In with Ethereum SIWE protocol led by the Ethereum Name Service (ENS) and the Ethereum Foundation.

SIWE essentially enables secure user sign-ins and authentication of Ethereum accounts and ENS Domains without giving away private identifiers to third parties such as names, phone numbers and residential addresses.

The topic of private user information has been a sour spot for Shopify in the past. In April 2022, a group of disgruntled users filed a class-action lawsuit against the firm and hardware wallet provider Ledger concerning a hefty leak of user data that stemmed from the duo back in 2020.

Related: Ethereum's Shapella transition is ‘on the horizon’

ENS Labs community advocate @sadaf.eth highlighted the SIWE integration with Shopify via Twitter on Feb. 9, and linked to developer documents explaining how to build the tool into Shopify stores, much to the delight of some from the Ethereum community.

“The statementGenerator prop allows you to customize the statement displayed in a Sign-In with Ethereum message. The function receives the address of the wallet that has connected, allowing you to expand and customize your message statements to better suit your brand,” the document reads.

At this stage, once a merchant hooks up the SIWE feature on Shopify wallet connect, it appears that users will be able to click a “sign-in with Ethereum” button to connect their addresses via SIWE’s partnered intermediaries such as Coinbase, Fortmatic, WalletConnect, Portis and Torus.

‘Time Has Come’ – Top Trader Predicts More Rallies for Dogecoin, Updates Forecast for Bitcoin and PEPE

ENS Domain Registrations Skyrocketed Last Month, Total Names Created Nears 2 Million

ENS Domain Registrations Skyrocketed Last Month, Total Names Created Nears 2 MillionThe number of Ethereum Name Service (ENS) domains is nearing the two million mark as 1,888,209 ENS names have been etched into the Ethereum blockchain to date. The project recently detailed that July saw the largest monthly rise in revenue scoring 5,400 ether worth roughly $2.48 million during the course of the month. ENS Registrations […]

‘Time Has Come’ – Top Trader Predicts More Rallies for Dogecoin, Updates Forecast for Bitcoin and PEPE

FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms

FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto FirmsOn April 18, the Federal Bureau of Investigation (FBI), the U.S. Treasury Department, and the Cybersecurity and Infrastructure Security Agency (CISA) published a Cybersecurity Advisory (CSA) report concerning malicious North Korean state-sponsored cryptocurrency activity. According to the U.S. government, law enforcement officials have observed North Korean cyber actors targeting specific blockchain companies in the industry. […]

‘Time Has Come’ – Top Trader Predicts More Rallies for Dogecoin, Updates Forecast for Bitcoin and PEPE

OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group

OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus GroupAccording to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus Group. Federal law enforcement officials have tied the flagged ethereum address connected with the Ronin bridge exploit to the group of hackers and added the […]

‘Time Has Come’ – Top Trader Predicts More Rallies for Dogecoin, Updates Forecast for Bitcoin and PEPE

Sotheby’s Cancels Cryptopunks NFT Auction After Consignor ‘Decided to Hodl’ Collectibles

Sotheby’s Cancels Cryptopunks NFT Auction After Consignor ‘Decided to Hodl’ CollectiblesOn February 8, the multinational luxury auction company Sotheby’s announced the firm would be auctioning 104 Cryptopunk non-fungible token (NFT) collectibles, but before the event started Sotheby’s canceled the event. It seems “0x650d,” the owner of the Cryptopunks NFTs, decided to keep the assets that were estimated to fetch around $20 to $30 million at […]

‘Time Has Come’ – Top Trader Predicts More Rallies for Dogecoin, Updates Forecast for Bitcoin and PEPE