I have $20 in gems just sitting there because I completely gave up on trying to snag a comic drop, they sell out in less than a second! I wanted to play around with Veve a bit but wasn’t initially that enthused because I don’t like projects that are seemingly a proprietary blockchain, it defeats the purpose I think!
What I am happy to see and will hopefully be good for your collectibles in the not too distant future is that Veve announced they are migrating to ImmutableX which is a 2nd layer on ETH developed by the makers of Gods Unchained. I’m a fan of both projects and it’ll be nice to have Veve assets recorded and tradable on Ethereum.
I’m in a private comic group and a bunch of the fellas in there collect the comics. I see them bitch about the drops all the time.
I’m sure at some point they will fix that big glaring issue. My concern is that when that does happen and folks can finally get out of their investments, will there be a bit of a purge? Who knows…
Even if it’s bots snapping up the runs I don’t really see anything to fix except the overall supply/demand ratio. I wish they’d start creeping up the print runs to find a level that doesn’t equate to instant sellout, or move to a timed open edition release where buys during the order period sets the “print run.” That would at least mirror the print market to some extent with the added fun of the randomized variants which can’t be as easily randomized and “blind bagged” in physical like it can in NFTs.
I think the valuations could break either direction, either dropping when everyone can finally convert to fiat, or perhaps rising with the exposure to the amount of money in the ETH ecosystem. 🤷♂️
Yeah, It will be interesting to see what happens. I just hate it kinda being held prisoner for the time being.
Have you scored anything cool recently from them? A buddy and recent Hive convert @kcin snagged one of those Walt Partner statues which has performed very well.
Nah, just have 20 gems! 😆 I set alarms for a few drops, clicked as fast as I could and nada! So I've given up for the time being.
Yeah I don’t even try these days.