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Coming Soon: Use OMI to Power Your VeVe Collection

From 19 November 2025, OMI gets more utility! 

Soon you’ll be able to convert your OMI tokens to the equivalent USD amount of Gems, via StackR*. These Gems can then be used to purchase licensed collectibles (e.g. digital figurines and digital comics) on VeVe! 

Bringing further utility to the OMI token has always been part of VeVe’s vision. Enabling our collectors to purchase Gems with OMI unlocks that utility and provides even more flexibility and choice for growing your collection on VeVe.

We’ve covered the key points about this exciting change below, but if you still have questions after reading through our FAQs, simply get in touch with our friendly Support team, who will be happy to help. 

FAQs

1. What is changing with Gems on VeVe?

From 12 AM on 19 November 2025 PT, collectors will be able to convert their OMI tokens for Gems via StackR*.  

To enable this exciting change and to ensure VeVe users are protected when purchasing digital assets, some other changes will be made to Gems on VeVe from that date:

  • Gems will become an in-app licensed product sold by VeVe that is non-transferable and non-withdrawable, similar to the in-app currencies of other digital platforms like Roblox, Twitch or Discord. 
  • The legal arrangements that underpin the current Gems structure will end, and new VeVe Terms of Use and new Terms of Payment (now called ‘Terms for Gems’) will take effect. 
  • Any Gems in your VeVe account will automatically be converted into non-transferable and non-withdrawable Gems on a 1 Gem for 1 Gem basis. 

The way you purchase Gems on VeVe won’t change, and Gems will remain the means you use to purchase collectibles via the VeVe Store & VeVe Market. It’s also what you will receive for any collectibles or comics sold via the VeVe Market. 

2. Why are there changes being made to Gems?

Ensuring our collectors have choice when they use VeVe is important to us, and bringing further utility to the OMI token has always been part of VeVe’s vision. 

The ability to purchase Gems with OMI extends choice and provides flexibility for VeVe and StackR collectors.       

Protecting our users is also paramount, so these changes ensure VeVe’s platform remains scalable and secure for all and pave the way for VeVe to add other new features or incentives into Gems going forward.

3. How do I convert my OMI tokens to Gems to spend on VeVe?

Users that wish to acquire Gems with their OMI tokens will be able to do so via their self-custody wallet on StackR.  This can be accessed directly on StackR

4. Do I need to purchase OMI tokens to continue buying Gems?

No. You will be able to continue to purchase Gems in the same way you always have through the VeVe platform (website & mobile app) as normal. This new feature opens up more flexibility and choice for VeVe users, allowing them to purchase Gems in another way with their OMI tokens via the StackR marketplace.

5. Can I still withdraw Gems before 18 November?

Yes. From now until 11.59 PM PT, 18 November 2025, we’re making withdrawals easy by removing the minimum withdrawal limit. A flat $10 withdrawal fee will apply to all withdrawals of 100 Gems or less; for all other withdrawals, a 10% fee will apply.

Other fees may apply. Find out more details here: https://www.veve.me/veve-fees

6. Can I make more than one withdrawal before 18 November?

Yes, you can make as many withdrawals as you like before 11:59 PM PT on 18 November 2025. Relevant fees will apply each time you withdraw, find out more details here: https://www.veve.me/veve-fees

7. Do I need to KYC to make a withdrawal?

Yes, our current requirement for users to complete verification before making a Gems withdrawal will still apply. 

8. What happens if I don’t withdraw Gems by 18 November?

Not much. If you have Gems in your wallet now, and you keep those Gems in your wallet past 11:59 PM PT on 18 November 2025, you will still be able to spend them via the VeVe Store or the VeVe Market in the exact same way as you always have.

When VeVe’s updated Terms of Use and Terms of Payment come into effect (at 12 AM PT on 19 November 2025) any Gems in your account will be automatically converted into non-transferable and non-withdrawable Gems on a 1 Gem for 1 Gem basis.

9. I’ve got other withdrawal questions

If you have other questions regarding withdrawals, check out our blog article here and our knowledge base articles on purchases and payouts. 

10. Is there an alternative way to sell my licensed collectibles for value?

Yes! Since the launch of the StackR marketplace in April 2025, VeVe users have had a flexible, alternative way to sell their licensed collectibles (i.e. digital figurines or digital comics).  

StackR is a marketplace that allows VeVe users to explore, trade, and unlock real-world value from their favorite licensed digital collectibles. Through StackR, you can sell your licensed VeVe collectibles for the OMI token, allowing you to convert collectibles into value in the form of OMI. 

From 19 November 2025, the StackR marketplace will be the only way for VeVe users to sell their licensed collectibles for value, in the form of OMI. Users will still be able to sell their licensed collectibles for Gems via the VeVe Market as normal. 

11. What is changing in the VeVe Market?

To allow VeVe to integrate Gems as a licensed digital product, from 19 November 2025, VeVe will act as the intermediary for all transactions on VeVe’s secondary market.

This means buying and selling will be smoother and more secure for our collectors. 

There won’t be any change to how you use the VeVe Market, as this update will happen behind the scenes and you will still have full control of your listings while they are in the Market.

When you list an item for sale in VeVe’s Market, you agree to sell it to VeVe. When someone buys it, VeVe buys it from you and immediately sells it to the buyer in exchange for Gems. VeVe then adds the same number of Gems as the sale price to your VeVe wallet. All of this happens behind the scenes, instantaneously.

12. Will I need to accept new Terms to use VeVe?

Yes. At 12 AM PT on 19 November 2025, new VeVe Terms of Use and new Terms of Payment (now called ‘Terms for Gems’) will take effect, and you’ll be prompted to accept these upon logging in to your VeVe account.

To continue using VeVe, the updated terms and conditions need to be accepted.

13. Where can I find support or more information?

Please visit our Contact Support page on the VeVe website for help or further clarification.

*OMI will be converted to Gems at approximately the market price for OMI/USD.

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Aug 19, 2025
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VeVe Team

Founded in 2018, VeVe was created for collectors by collectors to bring premium licensed digital collectibles to the mass market. With over 8 million NFTs sold, VeVe is the largest carbon neutral digital collectibles platform, and one of the top grossing Entertainment Apps in the Google Play and Apple stores. #CollectorsAtHeart