What is VeVe?
VeVe is a digital collectibles platform that allows users to buy, sell, and collect limited-edition 3D digital collectibles, also known as NFTs (Non-Fungible Tokens).
NFTs are unique digital assets that cannot be replaced or exchanged for an equal item. They represent ownership of a one-of-a-kind digital item and can be easily tracked and verified on a blockchain network.
These digital collectibles are accessed through the VeVe platform and can be displayed on a user's smartphone or computer.
VeVe offers a variety of licensed digital collectibles from popular brands such as Disney, DC Comics, Marvel, and Star Trek, as well as original designs from notable artists.
These collectibles can range from limited-edition readable comic books to realistic 3D models of popular characters like Batman and Superman.
Some figures are animated, have sound or music, or are interactable such as driving cars in AR.
What Brands are on VeVe?
VeVe has partnered with some of the largest companies and brands in the world, including Disney, Marvel, DC, Star Trek, Ghostbusters, Jurassic Park, Star Wars, Lamborghini, The United States Postal Service, Coca-Cola, Star Wars, Cartoon Network, James Bond, and Warner Brothers.
VeVe also hosts a range of famous artists and designers such as Givenchy, Mondo, Scott Tolleson, Frank Kozik, Ron English, Patrick Hughes, Tristan Eaton, Matt Gondek, and Jermain Rogers.
Read More: Buy the Best Disney NFTs: Your Guide to Collecting Digital Collectibles
How does VeVe work?
Collectors can access digital collectibles, or NFTs, on the VeVe platform where they can purchase or sell collectibles and interact with them in 3D spaces, known as Showrooms, or with augmented reality (AR) technology in their real environments.
To use VeVe, users need to download the app and create an account. They can then browse the marketplace to find digital collectibles that interest them or join drops in the Store at scheduled times known as Drops.
Once a user finds a digital collectible they want to purchase, they can use the in-app payment currency Gems. Gems are 1:1 to the US dollar and can be purchased with a credit or debit card.
After the purchase is complete, the digital collectible is stored in the user's digital wallet on the blockchain.
VeVe Showrooms
The VeVe showrooms are virtual spaces within the VeVe platform where collectors can showcase their VeVe digital collectibles. They are designed to resemble physical galleries or exhibitions, allowing collectors to display their collections in an interactive and visually appealing way.
VeVe showrooms also offer collectors the ability to customize the layout and appearance of their exhibit space, making it a personalized and unique experience.
Users can share their showroom creations with photos or videos through social media. In the upcoming VeVeverse releases, other users will be able to visit and explore these showrooms to view the collections and interact with the collectors.
VeVe Collectibles in AR
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— Common Club Apparel ⭕️💎💙 (@ComClubApparel) August 22, 2022
VeVe provides a highly realistic and immersive experience with AR that makes you feel like you have a physical collectible in your environment. You can also interact with your NFTs by moving them around, rotating them, and zooming in to see every detail up close. Some can be “driven” with on-screen controls.
Each NFT is designed with meticulous attention to detail, including realistic textures, lighting, and sound effects. Soon, collectors will be able to experience their collection in Virtual Reality (VR) the anticipated release of the VeVeverse.
The VeVeverse
The VeVeverse is a metaverse initiative that allows collectors to exhibit their VeVe collectibles and engage with each other in a virtual environment. Within this platform, collectors can personalize their own spaces using their VeVe collectibles and other NFTs from various projects.
They can also tour other collectors' homes and explore brand-themed worlds. Phase 1 of the VeVeverse is now being beta-tested with a small amount of users.
Are VeVe NFTs safe?
A significant issue within the NFT industry is the prevalence of fraudulent activities. Nevertheless, due to VeVe's centralized nature, purchasing an NFT through the VeVe app guarantees that it is legitimate and not a scam.
The brands on VeVe have publicly promoted their NFTs on the platform giving the app further legitimacy.
VeVe NFTs are unique digital assets that are stored on a blockchain, which is a decentralized ledger that records every transaction. VeVe is built on top of the Immutable X, a carbon-neutral blockchain, which enables secure and transparent transactions between buyers and sellers.
VeVe NFT metadata is viewable on the IMX explorer, Immutascan.
Is VeVe available worldwide?
Yes, VeVe is available worldwide.
However, certain drops and features may be limited or unavailable in some regions due to licensing or other legal restrictions. Additionally, the VeVe app and website are available in French, Spanish, and Japanese.
Other language speakers can find resources on the VeVe Discord for support or community connection.
Veve will further refine the translations and expand language support.
What is a VeVe Drop?
A "Drop" on VeVe is an event in which a limited quantity of a new digital collectible is made available for purchase. A countdown timer is on each collectible release page and the listing is live once the counter reaches zero.
Collectibles are provided in a limited supply and once a VeVe drop is sold out, collectors can buy or sell items on the secondary marketplace.
Drops are often highly anticipated by collectors and can sell out quickly, making them highly sought after.
Some drops may also include rare or exclusive variations of a collectible, which can be even more valuable to collectors.
VeVe Blind Box Drops
A "Blind Box" on VeVe is a type of NFT drop that is sold blind or unknown to the buyer. The buyer does not know what collectible they received until the purchase is complete.
This adds an element of surprise and excitement for collectors who are seeking rare or unique items.
How can I purchase drops on VeVe?
- Download the VeVe app from the iOS App Store or Google Play Store and create an account. Creating an account is a straightforward process that takes only a few minutes.
- Once your account is verified, you can buy VeVe NFTs from the store. While you can purchase Gems through the web app, the company recommends that you use the VeVe app for store drops for the best experience.
- Link your credit or debit card to your VeVe account to purchase Gems, which is VeVe's in-app currency. *Note - You do not need to pre-load Gems for Store purchases. If you hit the drop, you will be given a limited amount of time to purchase Gems to complete the purchase.
- Once you have selected the item, follow the prompts to complete the purchase. VeVe will automatically deduct the required Gems from your account.
- It's important to note that drops on VeVe are often highly sought after, so it's recommended that you log in to the app well before the drop goes live to ensure you have the best chance of purchasing the desired item.
VeVe Drops can be highly competitive and it is normal to not hit the drop and for the collection to sell out.
VeVe has released the Drop Queue system where reservations are randomly allocated creating a more enjoyable drop system for all VeVe Collectors.
What is the Veve Marketplace?
VeVe is a primarily mobile app-based marketplace to buy and sell premium, licensed NFT collectibles.
VeVe also provides a web app for a detailed portal for collectors to navigate the store, marketplace, and collections.
The VeVe marketplace is where collectors can buy and sell their digital collectibles and comics. Comics and collectibles are viewed separately on the marketplace, and there are filters and search functions for locating NFTs.
Digital Items can be listed in the marketplace for either a fixed price or an auction where the highest bidder after 24 hours wins the collectible.
VeVe charges a 2.5% transaction fee for items sold on the marketplace and there is normally an additional 6% fee charged for sales for licensors. This licensor fee can vary based on the collectible.
VeVe uses its own in-app currency of Gems that are 1:1 equal to the US dollar. Gem transitions are tied to the underlying cryptocurrency OMI, which is the native token of the ECOMI ecosystem.
Previously, OMI served as a currency within the app and will be reintroduced with the upcoming OMI Utility Program (OUP).
Read More: The Marvel Mightys NFT Guide: Everything You Need To Know
Your guide to VeVe's Marvel Mightys NFT collection. Digital collectible assets of iconic Marvel characters.
How do I create a VeVe account?
- Download the VeVe app from the App Store or Google Play Store.
- Enter your email address (which can only be associated with one account).
- Create a password with at least 8 characters, including one uppercase letter, one number, and one symbol.
- Tap SIGN UP.
- Confirm your email address by opening the "VeVe: Confirm Your Email" email on your mobile device and click the "Click Here to Verify Your Email" button.
- Enter your desired nickname (VeVe Username), gender, and birthdate.
- Review and accept the VeVe App's Terms & Conditions by checking the box.
- Select the brands you want to receive notifications about and click NEXT. You must select at least one brand to continue.
- Click NEXT
- Click START COLLECTING
- If you have completed all of the steps above, your account has been created. You may be prompted to go through a brief tutorial of the App.
- To start making purchases, you will need to verify your account through the KYC (Know Your Customer) process. This usually involves providing your name, address, and a form of government-issued identification.
- Once verified, you can access all the features of the app including Payout.
What is KYC on VeVe?
Know Your Customer (KYC) are standards designed to protect against fraud, corruption, money laundering, and terrorist financing.
Regulations require companies that offer certain products or services to implement and maintain reporting standards and practices that monitor and guard against money laundering, fraud, and anonymity.
You can learn more about KYC on VeVe in this Medium article.
What are VeVe's payment options?
VeVe offers several payment options for purchasing drops, including credit or debit cards, Apple Pay, and Google Pay. Additionally, VeVe occasionally offers promotions and discounts in the form of codes.
Soon, users will be able to purchase collectibles using OMI, the platform's native cryptocurrency, which can be bought and sold on supported exchanges.
Can I cash out from VeVe?
Yes, users can cash out their Gems for other currencies. VeVe refers to this program as Payout.
Once a collector has verified their identity through KYC, they may choose to withdraw funds to a bank account or in the form of cryptocurrencies.
Current requirements may need to be met to process a cash out such as minimum gem balance.
Restrictions and rules apply based on international regulations and regulations of financial transactions.
The VeVe Community
In addition to its platform and technology, Veve NFT is also home to a vibrant community of NFT collectors and enthusiasts.
This community provides a supportive and collaborative environment for those interested in NFTs, and offers a wealth of resources and insights for new and experienced users alike.
Twitter: Follow @veve_official on Twitter to stay updated on the latest news, events, and promotions related to VeVe Digital Collectibles.
Instagram: Check out @veve_official on Instagram for visually stunning content showcasing the unique and beautiful NFTs available on VeVe Digital Collectibles.
Discord: Join the VeVe community on Discord to connect with other NFT enthusiasts and stay up-to-date on the latest developments in the world of digital collectibles.
Reddit: Follow the VeVe Digital Collectibles subreddit for discussion and analysis of NFTs, as well as information on how to buy, sell, and trade NFTs on VeVe Digital Collectibles.
Facebook: Like the VeVe Digital Collectibles Facebook page for latest news, events, and promotions related to VeVe Digital Collectibles.
YouTube: Check out VeVe’s YouTube channel for informative and engaging videos about NFTs, the world of digital collectibles, and how to get started on VeVe Digital Collectibles.
Medium: Read VeVe's blog on Medium to stay informed on the latest industry trends, news, and insights related to NFTs and VeVe Digital Collectibles.