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Reading: Disney Pixar Pal NFT collection records $3.3 Million sales on VeVe
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HOME > News > LATEST NFT NEWS & METAVERSE > Disney Pixar Pal NFT collection records $3.3 Million sales on VeVe
LATEST NFT NEWS & METAVERSENewsNFT Review

Disney Pixar Pal NFT collection records $3.3 Million sales on VeVe

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Posted news room March 16, 2022 863 Views 4 Min Read
Updated 2022/12/22 at 8:57 PM
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Disney Pixar Pal NFTs successfully generated $3.3 million in its first sale
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Disney Pixar Pal NFTs successfully generated $3.3 million from its first sale. And on the secondary market, these items in the  Pixar NFT drop were selling for up to 350 Gems.

Disney Pixar Pal NFTs successfully generated $3.3 million in its first sale

Finally on the 13 of march the Disney Pixar pal NFT collectibles launched on the unique digital collectibles marketplace, Veve. Surprisingly, crypto enthusiasts purchased all 54,995 NFT collectibles within 24 hours.

The Disney Pixar NFTs’ contains memorable moments and iconic characters that were made by Pixar animation studios. The characters that have been added to this NFT collectibles are Sherrif Woody, Lightning McQueen, Mike Wazowski, Edna Mode, and The House from Up.

Along with this unique NFT collectible launch, the Pixar pal NFT’s introduced a unique way for its buyers. Read here to know what is the unique way they have presented.

Unique Way Of Selling Disney Pixar Pal NFTs?

The unique way of selling Disney Pixar Pal NFTs was that each user received  NFT through the blind box. 

That means that they were unaware of which NFT they will receive and after completing the payment they would know what they have bought.

Each Pixar NFT was sold for 60 Gems that were valued at nearly $60. And after multiplying the collection by their listed price value it is estimated that the total value of the sale acquired was  $3.3 Million.

As well after a few hours of NFTs sale. The items in the Pixar drop were sold out on the secondary market for more than 350 Gems. 

About Veve MarketPlace:

Veve is an NFT marketplace that is a result of the ECOMI blockchain. And has its own token OMI Token. 

Veve’s in-app token is Gems through which NFTs can be traded on the Veve NFT marketplace.   Veve’s in-app token Gems are also convertible for digital assets on a ratio of 1:1 to the dollar. 

But Gems are not in the phase to exchange them for fiat, however, for making this possible it is in the beta phase. 

Gems are somewhat linked to the OMI token. Due to the reason that Veve is the product of the ECOMI blockchain. 

So if any user buys NFT through Gem 100% of the OMI token is burnt. While the purchased NFT is delivered to the new owner. Along with it,  it is a remarkable thing that the OMI tokens are convertible into Gems.

 But Gems are not convertible into the OMI tokens. Because doing this would dwindle the worth of OMI tokens.

Final Thoughts: 

Disney NFT  Collectibles generated $3.3 Million from its first sale which is quite remarkable. And on the secondary market, it is selling for more than 350 Gems.   The most interesting thing about Disney Pixar Pal NFT collectibles was it has added memorable moments and characters like Sherrif Woody, Lightning McQueen, Mike Wazowski, Edna Mode, and The House from Up in it. 

If you have really enjoyed reading our news. Then you should dare to leave comments and your feedback in the comment sections. And please share our news in your circles to help us grow.

As well, you can connect with us on our NFT-based community on our social media accounts on Instagram, Facebook, and Twitter. Feel free to share your thoughts, and comments with us.

Disclaimer: We are not experts or financial advisors. Kindly, take your decisions at your own risk. As crypto investment contains risk. And our aim is to keep you aware of the current cryptocurrencies, and NFTs headlines. 

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