by Jamie Redman
On August 29, the digital collectibles company Veve announced that the platform has launched digital variant non-fungible token (NFT) covers from three Marvel comic book artists. Veve and Marvel detailed that the NFT drops called the Marvel Artworks collection will be limited edition, 1-of-1 releases of three Marvel comic covers featuring Spider-Man, and the Black Panther.
Marvel Entertainment continues to release products for the NFT industry with the company Veve Digital Collectibles. The two firms recently revealed plans to drop three limited edition NFTs from the Marvel Artworks collection. Veve has worked with Marvel in the past dropping Spider-Man and Captain America digital collectibles in 2021. Further, Veve has collaborated with Marvel’s competitor DC Comics and the entertainment giant Walt Disney.
The latest Veve and Marvel NFT auction started today, and it runs through Friday, September 2, 2022, at 2:00 p.m. (PT). Bids start at $1,500 per digital collectible and Veve says the auction is silent, and “all bids are hidden from auction participants and the highest bid wins once the auction timer expires.”
The NFTs feature artwork from Sara Pichelli’s “Miles Morales: Spider-Man #25,” Brian Stelfreeze’s “Black Panther #25,” and Skottie Young’s “Amazing Spider-Man #1.” Veve leverages the scaling solution Immutable X, a company that recently partnered with Gamestop’s NFT platform last February.
The last drop Veve did with Marvel was six days ago on August 23, when the two firm’s dropped “Marvel Super Heroes Secret Wars #3” NFTs. The Secret Wars-centric non-fungible tokens are fully readable and offer five cover rarities and are distributed in blind box format.
Meanwhile, non-fungible token sales are down close to 10% during the past month, compared to the statistics recorded during the 30 days prior. NFT sales managed to gather $603.33 million during the last month in sales, but the month prior saw $666.93 million in NFT sales, according to cryptoslam.io metrics.
Immutable X is currently this month’s third largest blockchain, in terms of NFT sales, and Immutable X-based NFT sales increased by 169% compared to the month before. Google Trends data indicates that interest in the term “NFT” is very low compared to the first month of January, back when the search term scored a GT score of 100.
This week, the search term “NFT” is much lower and a lot more dreary, as the query has a GT score of around 14 for the week starting on August 21. The lack of interest and low NFT sales volume hasn’t stopped large firms like Funko, Paramount, Warner Bros., Hasbro, Mattel, Atari, Topps, and more from continuously dropping entertainment and brand-related NFTs in 2022.
What do you think about Veve dropping the Marvel Artworks limited edition, 1-of-1 releases of three Marvel covers? Let us know what you think about this subject in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons, Marvel Entertainment and respected Marvel artists, Veve,
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
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