VeVe to Integrate With Immutable X

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:

• Disney
• Marvel
• 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
• Scalability
• 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:

• Superfarm
• TikTok Collectibles
• Illuvium
• 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.