NFTs are a neat idea, while digital collectibles sound like a lot of fun.
However, the larger ecosystem that they exist in can make them a little… suspicious.
What Is VeVe?
VeVeis a platform for buying and selling digital collectibles.
However, to buy digital collectibles on VeVe, you’ll have to add your payment information.
You must also verify your identity with a government-issued ID and proof of residence.
Download:VeVe foriOS|Android(Free, in-app purchases available)
What Does VeVe Offer?
VeVe sells “digital collectibles.”
That means a lot of things.
Some are digital replicas of a 2D collectible like a trading card or a comic book.
VeVe even provides virtual showrooms to show off your purchases to other collectors.
This is partially for fun and partly because VeVe has a secondary market.
So, you’re free to sell your digital collectibles to other app users.
How Does VeVe Work?
These features have a number of implications for users.
Quality Control
On most NFT marketplaces, anyone can mint and sell an NFT.
We even havea guide to minting and selling an NFTso you’re able to try it yourself.
But, you’re able to be more confident that what you see is worth seeing.
The dollar value of your NFT is $400.
Now suppose that the price of ETH falls to $1,100.
However, overall, VeVe’s approach lends greater overall stability.
Even if it’s not for you, taking a look is free.