VeVe, the Marketplace That Showcases Premium Licensed NFTs, Has Partnered With Immutable X.
First, this partnership brings zero gas fees, full ownership and carbon-neutral assets to the VeVe marketplace. This integration brings VeVe NFTs to the first ETH layer 2 (L2) solution, Immutable X.
Second, the marketplace has existing partnerships with brands such as:
- DC Comics
- Back to the Future
- Warner Bros
Before he became an Avenger, Vision was sent by Ultron to destroy the team from within!@Marvel’s Avengers #57 features VeVe exclusive Rare & Ultra Rare covers by Logan Lubera. Drops in blind box format Thursday, 16 December at 8AM PT.#MARVELxVeVe pic.twitter.com/HYNVlQ5Nf1
— VeVe | Digital Collectibles (@veve_official) December 14, 2021
In fact, VeVe boasts some of the largest brands in the entertainment space. And with 2.6 million NFTs sold in total and 1 million active users, VeVe is a top marketplace in NFTs.
What is Immutable X?
Immutable X enables gas-free minting and trading of NFTs, a first in the space from a Layer 2 solution. Additionally, the bridge to the Ethereum network through Immutable X brings:
- Instant transactions
- Carbon Neutral Marketplace
- Fantastic Developer and User Experience
To the VeVe marketplace. And for more, Immutable X has integrated with OpenSea and Mintable to bring their NFTs to the masses.
What Does This Partnership Mean for VeVe?
This partnership is massive for the platform. For example, a common issue they faced was the lack of scalability and liquidity with their releases.
Co-founder of Immutable X Robbie Ferguson says on the partnership:
“VeVe switching to Immutable’s Ethereum-based scaling platform proves that scale, user experience, and carbon impact no longer have to be a trade-off with the security and liquidity of the world’s most popular blockchain. We’re thrilled to help create a scalable way for millions of people to use Ethereum’s open ecosystem.”
Also, VeVe was one of the top-grossing entertainment apps on the Google Play and Apple stores prior to this announcement. For instance, Immutable X currently houses some of the largest NFT projects like:
- TikTok Collectibles
- Gods Unchained
Above all, VeVe believes that bringing both:
- the scalability that Ethereum provides
- and combining that with the partnerships they have
that they could become the largest NFT marketplace on the internet.
Follow our new Altcoin Buzz Public NFT Wallet to keep an eye on collections we’re buying, selling, and holding! Use this as a jumping-off point for your research.
Also, Join us on Telegram to receive free trading signals.
Lastly, for more cryptocurrency news, check out the Altcoin Buzz YouTube channel.