VeeFriends | A NFT Masterpiece
Gary Vaynerchuk delivers once again, this time with a NFT project that shows exactly how token utilization can and should be executed. With the creation of the online auction house VeeFriends Gary released 10,255 tokens stemming from his 268 self-drawn morality doodles in the form of minted NFT’s that come packed with exclusive benefits varying from token-to-token. Access tokens where you can school GaryVee in a game of tennis, or gift tokens where mysterious wonders will be sent to your house just for owning the token. All you need is some Ethereum and a Video Game Vulture token to almost hear Gary’s voice screaming it’s natural vulgarities as you rain victorious in a video game of your choice; auctions went live on May 11th with fellow Veeners patiently waiting for their chance to snag a token. No matter what token you own each will be a three year pass to VeeCon “A multi day event that is going to rival some of the greatest conferences in the world around entrepreneurship, marketing ideas, creativity, competition and meeting new friends.”(Gary Vaynerchuk). As of this article the first Veecon is set to be in North America before late May 2022. Let’s take a look at how these tokens will be organized and the underlying benefits of owning your very own VeeFriend.
There are three types of tokens up for grabs:
300 Access Tokens consisting of 165 group access tokens, 108 one-on-one tokens, 22 competition tokens, and 5 scholarship tokens. The scholarship tokens are not for sale and are only acquired by filling out an application form.
550 Gift Goat Tokens that give you a minimum of 6 physical gifts curated by the GaryVee team every year until the token expires at the 3 year point
9,400 Admission Tokens with 9 different levels of collectability and rarity. With there being 8 rare and then only 2 epic tokens per character the scarcity of the tokens was sure to put the pressure on fellow buyers to get in early and get out. Yet with a Dutch Auction maybe buying early would just be a waste of good Ethereum; or would you miss the chance to grab a one of a kind hologram Bubbly Buzzard like the rest of the suckers that waited?
Purchasing a Token
First, you will need to get your mitts on some Ethereum, doing so isn't hard considering apps like CoinBase are around to make the process relatively headache free. The hardest part for most is having enough to buy a VeeFriend, considering the lowest price listed so far is 0.5 Ethereum yet the opportunity and access these tokens give is a chance most will not want to miss. Next, you will need to set up a wallet to transfer your Ethereum; I recommend Metamask for this considering is ease of use. After writing down all your personal info just simply connect your wallet to Veefriends by clicking the icon in the upper right hand corner.
Reselling a Token
Yes it is possible to resell VeeFriend token(s) at the discretion of the buyer, just know that without your token VeeCon will be inaccessible. A royalty fee of 10% will be sent back to VeeFriends with 1% going to a charity of Gary Vaynerchuk’s choosing per his “pledge” to the community. You can find more info about the impact of purchasing a VeeFriend token here.
A new beginning for the digital world
With the stunning success and rapid flood of NFT’s, a rise of oversaturation in some areas is bound to lose momentum and crash with the rest of the market basking in the glory; the only question is which ones will be deemed worthy by the public. With influential characters like Mark Cuban and Gary Vaynerchuk pushing bullish standpoints on NFT’s it’s hard not to listen, at least for those with the ability to.