Overview

Click to expand overview
After the exceptional returns experienced during the boom phase, there was concern as to whether NFTs could even be profitable during the slump, as transaction volume fell from Creators stick to what they're good at: Culture, community, engagement (all things users want and lead to an enjoyable ecosystem), while we add in steady buy-side pressure from marketplace The acquisition of VeSea, a well-known NFT marketplace platform developed on VeChain, has been successfully finalized by Exoworlds, a blockchain-based metaverse VSEA is the utility token of the VeSea NFT marketplace. The token is earned by staking native NFTs on their platform. 📊vol. MILESTONE📊 Big thanks to VeFam as we eclipse a huge milestone for the VeSea platform; 100M in total volume. We appreciate everyone for trusting us with their Now, its leading NFT marketplace, VeSea, has scripted another record. The platform surpassed 100 million in total trading volumes recently. The number currently stands vechain on Twitter: HiVe attendees, your Proof of Participation (PoP) NFT, designed by artist @lahens_elss & conceived/minted/distributed by @VeSeaOfficial has been We are pleased to announce that VeSea has transitioned its storage of off-chain NFT data to the Arweave blockchain! 222K subscribers in the Vechain community. Vechain is the world's leading enterprise-grade L1 blockchain, and the backbone of the global digital VeSea collections (VeKings, Papers) will set the Base Rate (B.R.) from which all other NFT emissions will be derived. This rate will be static and be the highest $VSEA/NFT

VeChain\'s VeSea NFT Marketplace Hits $100M Volume: Is 2023 a Banger Year for VeChain NFTs?

The VeChain NFT ecosystem is buzzing! The leading NFT marketplace on VeChain, VeSea, has officially surpassed a staggering $100 million in total trading volume. This major milestone signals a potential resurgence for VeChain NFTs and raises the question: is 2023 shaping up to be a banner year?

VeSea\'s $100M Milestone: A Testament to VeChain\'s NFT Community

Big thanks to the VeFam! VeSea recently eclipsed a huge milestone - 100M in total volume. We appreciate everyone for trusting us with their NFTs!

This achievement is a testament to the vibrant and dedicated community that supports VeChain\'s NFT space. Now, its leading NFT marketplace, VeSea, has scripted another record. The number currently stands over $100M and continues to climb.

VeSea: Driving VeChain NFT Growth

VeSea\'s success is built on a foundation of community engagement and a focus on what users want: culture, community, and an enjoyable ecosystem. Creators stick to what they\'re good at: Culture, community, engagement (all things users want and lead to an enjoyable ecosystem), while we add in steady buy-side pressure from marketplace features.

VeSea collections (like VeKings and Papers) play a key role in the ecosystem, setting the Base Rate (B.R.) from which all other NFT emissions will be derived. This rate will be static and be the highest $VSEA/NFT payout.

Exoworlds Acquisition of VeSea & VSEA Token Utility

The acquisition of VeSea, a well-known NFT marketplace platform developed on VeChain, has been successfully finalized by Exoworlds, a blockchain-based metaverse. This strategic move could further fuel the growth of the VeChain NFT ecosystem.

VSEA is the utility token of the VeSea NFT marketplace. The token is earned by staking native NFTs on their platform, providing an incentive for participation and long-term engagement.

VeChain NFTs: Addressing Profitability Concerns

After the exceptional returns experienced during the boom phase, there was concern as to whether NFTs could even be profitable during the slump, as transaction volume fell. VeSea\'s $100 million milestone suggests that despite market fluctuations, there\'s still strong interest and value in VeChain NFTs.

VeChain\'s Commitment to Innovation

VeChain is the world\'s leading enterprise-grade L1 blockchain, and the backbone of the global digital economy. This robust infrastructure supports innovative initiatives like VeSea\'s transition to Arweave for off-chain NFT data storage. We are pleased to announce that VeSea has transitioned its storage of off-chain NFT data to the Arweave blockchain!

Stay tuned to the Vechain on Twitter and the Vechain community (222K subscribers) for the latest updates and developments in the VeChain NFT space.

Top Sources

Related Articles