So, what is vee friends? The world sees new inventions every other day and how they become a significant part of a person’s everyday lifestyle. The finance sector is no different. Several products bring a variety to how one arranges their assets or stores their financial information, and NFTs are just the beginning of a revolutionary craze worldwide.
Nowadays, many people use these non-fungible tokens to store their digital data on the blockchain.
The financial security offered by NFT is popular amongst investors and entrepreneurs. Moreover, the blockchain keeps a record of the ownership of the NFT to maintain transparency and solve the double-spending problem.
Like others, Gary Vaynerchuk’s NFT collection also obtained significant popularity worldwide. Gary Vee turned his NFT collection into an expanded communication model with his fans. This creative thinking led him to create the Vee Friends community and NFT group, which became an influential hottest collection in the market.
Let us take you into further detail about one of the unique NFT projects.
What Are Vee Friends?
Released on May 11, 2021, Vee Friends is the NFT collection launched by Gary Vee to expand his communication with his fans. The collection launched on the Ethereum blockchain to empower Gary’s creative and business passions through the NFT technology. His inaugural exhibition constitutes 10,255 tokens, out of which Gary reserved over 12% of the supply for his collection. It meant around 9013 NFTs were available for other token holders.
The Vee Friend collection also consisted of 268 characters initially drawn by Gary. He represented human traits with the help of these characters and named them in an alliterative way. Some of them were Courageous Cockatoo or Empathetic Elephant, most of which reflected the positive characteristics in human beings that Gary Vee values.
The Vee Friends token holders automatically become a part of the Vee friends community, gaining access to the VeeCon. Using Vee friends NFT, one can share Gary’s ambition and be an essential part of Gary’s world. All Vee friends token holders get an access pass for the VeeCon. Apart from this, they also have a chance to interact with Gary Vee and learn more about the Vee Friends NFT Collection.
Who Created Vee Friends Series?
The creator of the entire Veefriends collection is Gary Vaynerchuk, also known as Gary Vee, who also drew the Veefriends characters. He is the most influential name in the NFT ecosystem. Presently, he is the chairman of VaynerX.
Gary Vee was an NFT collector who became a creator last year. VaynerNFT, his other project, assists celebrity NFT holders with their endeavors. VaynerMedia and VaynerSports are other companies with Gary as their CEO.
Initially, he was a wine critic who invested in companies like Twitter, Facebook, and more. However, his NFT project brought a historical change in his career.
Nowadays, even content creators use the Veefriend collection to connect with their fanbases. The importance of NFT prompted Gary to create his collection, which is now a valuable possession with the most positive attributes. Presently, Gary Vee’s net worth is above $200 million.
When Did Vee Friends Series Launch?
Veefriends launched on May 11, 2021, and it was the first collection with a significant selling value. Then, near August 2021, Book games tokens appeared for the Veefriends series, followed by the Veefriends mini drops within two months. The mini drops were a limited-edition collection under the Veefriends series.
What Is the Purpose of Vee Friends NFT?
Gary’s approach included serving his community, and that’s what the Veefriends NFT is about. The access tokens are the key to the world of NFT rewards which all Veefriends holders can enjoy.
Each NFT consists of a specific message and meaning, directly resulting from Gary’s 15 years of communication with several people. He put his understanding of human characteristics into creating the Veefriends ecosystem.
Can You Resell Vee Friends NFT Collection Work?
NFT market can conduct the reselling of the Veefriends tokens. However, before you decide to sell any of the Veefriends’ NFT, you must know that reselling these tokens has a 10% royalty fee. Gary Vaynerchuk pledges to donate a part of the royalty proceeding to several charities.
What Is VeeCon?
VeeCon is an open facility that all Veefriends token holders can avail themselves of. However, it is only for NFT holders. The focus of this conference is to have a meaningful discussion based on creative and innovative thinking, entrepreneurship, competitiveness, business concepts, branding, etc.
It creates a positive atmosphere among the Veefriends community, which was why Gary started it.
VeeCon provides access to all information to Veefriends token owners. To participate, one must own at least one Veefriends NFT. The number of tokens determines the number of tickets one can get.
How Many Vee Friends Are There?
There are three categorizations of the 10,255 tokens for the inaugural collection. Out of them, the first 9400 are admission tokens. They have distinct quantity levels inside a single character type.
The second category is the Gift Goat with 555 tokens, which constitute a gifting experience from the Veefriends team.
Lastly, the last 300 access tokens are redeemable and verifiable. The reference token holders meet Gary Vee through these tokens. However, only 90 provide an in-person meeting, while the residual 210 give virtual access.
How Does a Vee Friend Work?
The utilities of Veefriends NFTs are unique. Each token has its special reward that gives the owner a specific advantage. It depends on what token the person is currently holding. The different tokens can be categorized as the following:
Gift Tokens
The holders of gift tokens are eligible to receive gifts from the Veefriends teams. After the token gets activated, the users can receive at least six physical rewards from the team for three years.
Admission Tokens
The holders receive three-year access to the VeeCon with varying rarity and collectability. One can further divide it into several character-type tokens.
Access Tokens
These tokens provide access to Gary and other members of the Veefriends team. The access tokens are of four types, with varying access levels: group access, one-to-one access, competition access, and scholarship access tokens.
How to Purchase Vee Friends NFTs?
There are two steps to becoming a part of the Veefriends team. The first step involves buying ETH from any cryptocurrency exchange.
Once you have the ETH, you have to transfer it into a digital wallet that falls under the non-custodial category. There are several compatible wallets for the same, which can provide access to the Veefriends websites. Once you connect, you can easily purchase the Gary Vee NFTs and own a Veefriends Collection.
How Long Will Your Vee Friends Token Last?
The Veefriends tokens can last as an art or a collectible item for a lifetime. However, the additional rewards and benefits, including the admission tokens, access tokens, gift goats, and others, will expire on May 4, 2024.
Final Words
The Veefriends tokens are one of the most promising projects that provide multiple benefits to the NFT holders. However, it might seem slightly expensive to the average NFT enthusiast. The main focus of Gary and his team was to provide a positive experience to their supporters, which is why the value is on the pricier side.
The Veefriend NFT project brought a change and provided a guideline to other projects that aspire to use blockchain technology to build a community. Its popularity is not going down anytime soon.
