Is it that exciting that you can make money on VeVe within seconds? You can help yourself to become the “Coinbase” of the NFT industry by leveraging an application. Or how can it help you to induce a nice side-hustle source of earnings that could someday become important?
Or get you involved in a company with a solid concept for multiplying your investment by 100X or more in the next couple of years?
In this article, we are going to be discussing:
Without further ado, let’s first read out what it is.
What is VeVe?
VeVe is a blockchain-oriented, highly authorized digital collectibles platform that is established in Singapore and operates with large companies.
Some of the VeVe authorized licenses are Cartoon Network, Quinn, Batman, Ultraman, Ghostbuster, and other Veve collectibles.
VeVe is continuously working on gaining more beneficial collaborations with very well-known brands and companies.
What Exactly Are VeVe Collectibles?
VeVe collectibles are NFT (non-fungible token) crypto artwork built on the blockchain that you can own and store in your account with a unique serial number that proves your ownership!
When you buy digital collectibles, you can own, keep, or sell them to make money on VeVe on the market within your pricing range, to others, or to the secondary market.
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How to Make Money on VeVe?
So, how can you benefit from all the hype about NFTs and use the environment behind VeVe to make money on VeVe or even replace your boring 9 to-5 jobs?
Let’s find this with the below-mentioned tricks and techniques to make money on VeVe!
1. Accumulate VeVe Collectibles
VeVe works by disclosing drop dates on different social media platforms, and collectors can participate in drops via the official VeVe app, which is available on both the App Store and Google Play.
VeVe drops are classified into four types: uncommon, common, rare, and ultra-rare! We know that whether it is coins, stamps, or physical or digital collectibles, time and rarity are important factors in deciding the future significance of a piece.
The price of those collectibles is constrained by the need for them. That is, if someone in the future is inclined to spend $1,000 for an ultra-rare collectible, that is its new price and value!
If you were unable to complete the VeVe drops for any reason, you can negotiate and bid on the In-App secondary market and look for VeVe NFT for sale.
So, your first potential financial earning with VeVe is accumulating digital collectibles from big names and brands that may rise in value in the future, and hopefully, you will be able to flip them for a profit!
2. Use Arbitrage to buy collectibles
Arbitrage is a VeVe marketing technique to get collectibles that are uncommon, common, rare, and ultra-rare at a lower price to make money on VeVe. Using arbitrage to make money on VeVe will save your gems and lead to a VeVe collectible at your desired gem price.
For example, the app developers have pre-set a price for each VeVe’s drop rarity level, which will be traded for on the drop date!
Given that most VeVe drops sell out in a matter of minutes, more people will be willing to pay more to obtain a specific collectible or to complete their set!
So, you must keep your eyes on dropping off and grab the opportunity without paying higher gems.
3. Never Miss Ultra Rare
We know that VeVe collectibles are four types: uncommon, common, rare, and Ultra Rare. Some Ultra VeVe collectibles are Cartoon Network, Quinn, Batman, Ultraman, and Ghostbuster. Never miss the chance to get them into your collection.
It’s like a future investment. If you were unable to complete the VeVe drops for any reason, you can negotiate and bid on the In-App secondary market and look for VeVe NFT for sale.
4. Controlling the market
Controlling the market is in your hands, and you can make money on VeVe through it. Collect all the drop-down collectibles that could be rare and ultra-rare in the future in your collection.
For instance, when you buy a digital artwork from VeVe, you become the official owner and have the right to keep it or sell it to others!
It is entirely up to you how much to sell it for; just like any other physical item in the real world, you determine the price when negotiating with the buyer and like this, you can control the market on VeVe and make extra earnings.
5. Be the Second person
During the transaction, play the role of the second person. We know there are so many scammers worldwide. Within the app, VeVe has its own secondary market where you can list your collectibles for a fixed price or an auction.
People can come and bid on your piece, and the highest bidder will win it. You can also sell VeVe collectibles outside of the app by listing them on networks like eBay or even making a deal on social media!
But keep in mind that only your side should not push through the transaction. Have mutual understanding so that you can depend on each other precisely.
6. Invest in the ECOMI Token
VeVe is a blockchain-based project that is backed by the ECOMI crypto token. ECOMI (OMI) is one of the market’s cheapest altcoins today, and by cheap, I mean fractions of a cent.
If you’re interested in the crypto world and want to invest in a solid project, OMI could be a great option, but keep in mind that this involves risky activities that can result in large losses!
So, always do your own research and due diligence, and only invest what you’re willing to lose!
7. Resell Digital Collectibles
VeVe’s secondary market allows you to buy and sell items from other VeVe collectors. Check the secondary market to see if other collectors had listed the digital collectible you need for sale if you missed out on it when it was first released or need it to complete your collection.
You can glance at Peng Joon’s (a YouTuber and internet marketer) video in which he discussed how he was able to generate $3,000+ from flipping VeVe’s NFTs!
People have been flipping their digital collectibles to make decent profits since VeVe’s inception, and you can do the same!
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8. Use Affiliate Marketing to Promote
Affiliate marketing is a type of performance-based marketing in which you are compensated for simply driving traffic to businesses and companies at no extra cost to the consumer.
After conducting your own analysis and with due persistence, if you determine that VeVe is a worthwhile investment and project, you can begin educating people on how to buy OMI safely, store OMI safely, and participate in drops.
Having a blog or a website is the most certain way to grow in affiliate marketing and establish a solid online presence. It’s one of the most profitable monetization methods available.
Whether you have a website, blog, or YouTube channel, you can embed your affiliate links inside the text in a hyperlink form, and if someone purchases or registers through your unique tracking links, you will be rewarded with a certain commission!
9. Grow On Social Media Or YouTube
VeVe is an exciting project that deserves to be covered and discussed! When it first started, many people saw it as a great way to get started and grow on social media or YouTube.
There have been a slew of VeVe and Ecomi adopters among social media influencers and YouTubers who saw the project’s potential and believed in its vision!
If you believe you have something to contribute to people’s lives and knowledge, starting a YouTube channel that discusses such topics may be beneficial as your community grows over time.
The good news is that you can start a YouTube channel without showing your face if you are uncomfortable in front of a camera.
On the other hand, getting people to know, follow, and trust you will increase your rapport with your followers and allow you to better monetize your channel with sponsorships in the future!
10. Collect Leads Through Giveaways
According to studies, the average ROI (return on investment) on each dollar spent on email marketing is $44! So, if you’re new to online marketing or building a business online, the truth is that “Money has been added to the list.”
Giveaways are the best way to quickly grow a community, and you can monetize that list as you go. However, before you can monetize, you must first learn how to build a list to make money on VeVe.
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How to Cash Out on VeVe?
Of course, now that you know how to make money on VeVe, you want to know how to cash out on VeVe. So, follow these steps to cash out on VeVe:
Step 1: Access your VeVe wallet
Step 2: Successfully complete the Know Your Customer Verification Process
Step 3: Select your Fiat withdrawal method
Step 4: Request a Fiat payout
Step 5: Wait for the money to arrive in your account.
The VeVe app is an opportunity to try your luck with some risk. VeVe’s digital collectibles: uncommon, common, rare, and ultra-rare. You can have extra earnings in your pocket with proper use of them.
You need to understand the market, secondary market, and people to get a proper pitch on the VeVe collectibles and start making money.
Following the abovementioned VeVe points to make money has given you the idea of how and where you have to push your time and gems.
Affiliate marketing is one of the fastest-growing techniques to promote any business and product.
You can get the help of it to make money not only with VeVe but also with other platforms such as affiliate marketing websites, social media platforms, and many more.
Make Money on VeVe FAQ
Q1. Who is the founder of VeVe?
The current founder and Chief technology officer of VeVe is Vijay Mehta.
Q2. How much is a VeVe gem worth?
When you buy gems in VeVe, you will be charged $1 USD. which means one gem costs $1 USD.
Q3. What platform is VeVe on?
The VeVe Digital Collectibles app is available on both iOS and Android.