The Chicago Bulls partners with Shopify to start the NFT series using the e-commerce infrastructure previously shared with Sweet’s NFT Marketplace.

Chicago Bull Partners With Shopify

The Chicago Bulls of the NBA started NFTs with six championship wins from the 1990s using Shopify’s top eCommerce platform.

Shopify is a global company that provides shops and payment infrastructure based on the website. The NFT drop on Twitter was revealed earlier today by Shopify president, Harley Finklestein.

“You have seen a lot of NFTs when you spent 1 minute on Internet this year. @Shopify We facilitate the sale of NFTs by our merchants, with one of the first being the @ChicagoBulls NFT Shop.”

If you’ve spent 1 minute on the internet this year, you’ve seen a lot about NFTs. @Shopify we are making it easier for our merchants to sell NFTs directly through their stores, with one of the first being the @ChicagoBulls NFT store. https://t.co/Qv2wKO7RCS

— Harley Finkelstein (@harleyf) July 26, 2021

The Chicago Bulls franchise is one of the first partners for Shopify to establish the NFT storefront on this platform, according to Finklestein and the President of Shopify notes that only a “select few” in its early phases can use that service.

Shop integral NFT site in Sweet in May to enable its clients to immediately issue and sell non-fungible tokens using the popular e-commerce interface. 

Sweet may handle NFTs produced under the ERC-721 standard, the SLP token standard of the single-lit protocol, and the blockchain of Dapper Labs.

The Bulls Legacy Collection

The Chicago Bulls’ NFTs were minted at Flow, which also houses the NBA Topshot highlight collectors, which are legally licensed.

Get ready for the @ChicagoBulls Legacy Collection, celebrating their run from ’91-98

💍6 NBA Championship Rings
⭐3 tiers of scarcity
🏟️Unique challenges for in-arena experiences

Launching July 26, powered by Flow🌊

Sign up for priority access today👇https://t.co/1MjRZCwHNR pic.twitter.com/6urhq11C1x

— Flow Blockchain (@flow_blockchain) July 24, 2021

The “Bulls Legacy Collection” will be published in six drops, and between 1991 and 1998 the squad will win six icons in each token. The first NFT started on 26 July and is already out of business, and today’s second token is scheduled for a debut. 

In the following four days, the other four NFTs are planned to be launched.

Despite the recent refreshment of the NFT sector, the first half of 2021 saw NFT sales exceeding $2.5 billion.

The $100 million Series B investment round, which was led by venture capital company Andreessen Horowitz, closed off on July 21, the popular NFT platform, OpenSea – signaling VC’s investors will stay positive.

The first launch of Tyson Fury in a July 16 auction, when over $1 million was fetched at a single token, and more than 32,000 individuals signed up for the next NFT drop by modern artist Damien Hirst last week, still looks forward to getting their hands on coveted NFTs too