What Is BLOCKv token (VEE)?

The BLOCKv platform was created with the intention to offer robust, mobile native, customizable, and web-based context to build products supported by non-fungible tokens (NFTs), removing the gap between digital and physical worlds. The platform was built to create, mint, and distribute programmable NFTs for the future generation that can serve as a standardized framework to create digital products.

BLOCKv aims to offer a user-friendly interface for the blockchain. Also, the platform uses its funds and revenue to function the network and enhance the platform and its related services.

BLOCKv is the network's digital backbone, performing three crucial functions that allow for interoperability between otherwise separate network instances:

• Independent transaction ledger: The platform maintains an indisputable record of all the transactions taking place on the network. This blockchain-like ledger allows users to query transactional integrity without relying on network node operators while also assuring that partner nodes may operate without being constrained by scalability issues.

• Global network user layer: BLOCKv automatically determines every account or wallet a user creates through the network nodes and combines their content into a worldwide wallet. It enables users to uphold their separate wallets with one user identity.

• Management of emission fees: When a BLOCKv NFT is created, it is subject to an emission charge, which is paid in VEE, the utility token of the platform. The BLOCKv node manages payments for emissions and transactions over the BLOCKv Network to ensure transactional integrity and the ecosystem's long-term viability. Upon creation of an NFT, minting of a token takes place, or a contract is positioned across the ecosystem, and a publisher gets charged in the form of VEE. Developers, creatives, and businesses finance their projects using the platform's 'pay as you go' method of payment transacted in VEE, enabling users to plan in the world's reserve currency for ease of usage.

History of BLOCKv token (VEE)

The launch of the BLOCKv platform took place in 2017. BLOCKv is based in Zug, Switzerland. The team of BLOCKv comprises NFT wizards, developers, designers, project managers, community managers, and marketing experts. The platform's co-founders are Reeve Collins, Lukas Fluri, and Gunther Thiel. Fluri also serves as the CEO of the platform.