Brave browser's Swag Store now sells NFTs

NFTs • February 18, 2021, 3:35AM EST
UPDATED: February 18, 2021, 3:41AM EST
Sharaf Maksumov / Shutterstock.com

Privacy-oriented Brave browser's Swag Store now sells non-fungible tokens (NFTs), or digital collectibles that are tokenized on blockchain.

Brave has partnered with Origin Protocol for the initiative, which powers its store via decentralized e-commerce marketplace Dshop since April last year. The extended partnership now allows Brave to sell NFTs in return for crypto payments.

Swag Store accepts ether (ETH) and Brave's native basic attention token (BAT) for payments, in addition to credit cards.

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Brave's first NFT sale features a total of 30 collectible tokens and physical stickers based on the three winning submissions in its recent Brave and BAT Community Meme Competition. In the coming weeks, Brave is also expected to release "a very limited set" of NFTs, created by designers at Brave and Origin.

NFTs have soared in popularity in recent weeks as artists and brands are venturing into the space. Over the past 30 days, NFT sales have topped a record $100 million, according to tracker Cryptoslam. Dapper Labs' NBA Top Shot holds the lion's share, followed by CryptoPunks.

"NFTs are more than digital art," said Matthew Liu, cofounder of Origin Protocol. "They can serve not only as collectible, transferable assets but as digital representations of real-world goods and services. For example, NFTs representing limited edition premium goods can be bought, traded, and then redeemed."

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Yogita Khatri is a senior reporter at The Block, covering all things crypto. As one of the earliest team members, Yogita has played a pivotal role in breaking numerous stories, exclusives and scoops. With nearly 3,000 articles under her belt, Yogita holds the records as The Block's most-published and most-read author of all time. Prior to joining The Block, Yogita worked at crypto publication CoinDesk and The Economic Times, where she wrote on personal finance. To contact her, email: [email protected]. For her latest work, follow her on X @Yogita_Khatri5.