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.