Weekly Wrap Up- May 7 2021
Season one on VeVe is almost over, and with it has come some truly incredible digital collectible releases and a number of lessons along the way. In this new weekly wrap up series, we want to give you some bite-sized chunks each week to keep everyone informed of what is going on behind the scenes at ECOMI and VeVe.
Market Optimisations in Place
Throughout April the VeVe Market was offline as the development team made some crucial updates and optimisations. After a smooth re-opening and some solid testing thanks to our 250k strong userbase, they identified some additional queries to be refactored, and have since completed that work.
The most recent collectible release- Cryptozoic Cryptkins- gave us an opportunity to test the Market against our updated drop system and we are very happy to report that everything operated smoothly. The Market was disabled temporarily during the drop (for around 10 minutes) and before being re-enabled and open for business.
The subject of folklore and tabloid headlines for decades, legends from around the world also happened to find a new home on VeVe this week, with the first series release of Cryptozoic Cryptkins. Featuring 12 individual collectibles and almost 75,000 editions, the Cryptkins drops was one of our smoothest releases to date, selling out the entire collection in about 20 minutes.
If you missed out on any of your favourites, or just can’t stand to see an unfinished set in your collection, you can complete your Cryptkins entourage by participating in the VeVe Market.
Cryptozoic Cryptkins- Series 1
These first appearance NFTs from Cryptozoic drop Thursday, 06 May 2021 at 8 am PST only on the VeVe Android & iOS Apps
New Auction Rules to Cut Down on Spammers
This week has also seen the completion and implementation of some new rules pertaining to auctions in the VeVe Market. Primarily, this implementation will restrict new accounts from participating in auctions for 72 hours. Any users who fail to pay for an auction will also have their Market access restricted for 72 hours.
We’ll release more information when the update is live on both operating systems, so please subscribe to our blog to stay up to date.
Meet Trevor- Our Digital Production Extrodinaire
Trevor has recently joined the ECOMI team and is responsible for the management and production of our digital collectibles. He is a true asset to our company, combining his incredible talent and experience from the gaming world with some truly contagious excitement for the future of our NFTs.
On Thursday Trevor took the opportunity to get to know some of the ECOMI family and to give you some incredible insight into our digital production engine. You can catch up on the conversation on this episode of the Jake Gagain show, and please drop a like, share and comment while you’re there!
VeVe Art Show
Before we wrap up this week, we just wanted to throw another huge shoutout to the organisers of the first-ever VeVe Art Show. There were some truly incredible submissions, and the event was a roaring success. If you don’t already, please show your support by following their social profiles, and search #VeVeArtShow on Twitter to check out some of the entries!
Congratulations to all of the prize winners and thank you to everyone who participated, we look forward to making this a regular event so everyone can share their creativity with the world!
Information on this channel is subjective and should not be considered financial advice and is subject to change. See disclaimer.
ECOMI is a technology company based in Singapore and is leading the way in the emerging digital collectibles space. ECOMI offers a one-stop shop for digital collectibles through the VE-VE app bringing pop culture and entertainment into the 21st century.
The VE-VE app allows users to experience true ownership of premium digital collectibles. Through the app marketplace, users can obtain common, rare, or one-of-a-kind digital collectibles, share these across the social network service, and exchange them with the VE-VE community, all from the palm of their hand.
ECOMI sees digital collectibles as a new asset class that offers intellectual property owners the opportunity for new revenue streams in the digital landscape. Digital streaming, gaming, and in-app purchasing have become a multibillion-dollar market and the next to join this digital trend is the pop culture and collectibles industry.