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VeVe Master Collector Program — Frequently Asked Questions

The MCP brings exciting benefits to every VeVe Collector — here are some frequently asked questions about MCP!

The Master Collector Program (MCP) is a loyalty program available to all users, designed to reward active VeVe Collectors. Level up by being an active, completing objectives in a quest to reach the highest level of Master Collector, all while gaining benefits and rewards.

FAQ

Who has access to the MCP?
All registered users will automatically be enrolled in the MCP, starting at Level 0.

Will Points be retroactive?
Yes. Points will be calculated from the day VeVe launched, so your activity within VeVe to date will contribute to your MCP Level and Rank. The number of Points received will only be calculated based on the number of Collectibles and Sets the Collector owns in that time.

Collectibles received via transfer will not receive the one-off Points listed earlier in the article, but will also be calculated retroactively from the time you acquired them. More simply, you will earn Points for holding and set completion, but not for off-platform purchases.

Do Points expire?
No, your MCP Points will not expire.

If I held Collectibles and Sets in the past, but sold them before the MCP releases, will I still earn Points for the time I held those Sets/collectibles?
Yes, those Collectibles/Sets will still earn Points retroactively for the time you held them, even if you don’t hold them anymore once the MCP starts.

Will transferred collectibles count towards the MCP?
Collectibles received from a transfer will receive Daily Points, however as they’re not purchased from Store or Market, they will not receive the One-Off Points for Purchase (see the One-Off Points section).

Will holding unique Sets earn more Points than duplicates of the same Set?
Yes, duplicate Sets will have diminishing bonuses vs. unique Sets (see the Collectible Sets section of the article).

Do the Rarity bonuses also apply to Digital Comics, and do Digital Comics earn points otherwise?
Yes, rarity bonuses apply to Digital Comics as well as the rest of the Collectibles. However, Digital Comics do not have traditional Sets, so Set bonuses will not apply to Digital Comics.

Will we be able to earn/use Points in the VeVeVerse?
Yes, Points can be earned and used within the VeVeVerse. More details will be released closer to the launch of the VeVeVerse.

What is an OMI Token?
The OMI token is intended for use in the VeVe Master Collector Program. It allows VeVe Collectors to supercharge their MCP Point accumulation and will grant access to additional features, rewards, and benefits as the program expands.

What about OMI Utility?
OMI Utility is a term used to describe the varying use cases of the OMI token within the VeVe digital collectibles ecosystem. The first feature to be released is OMI Reward Tier Season Zero; additional utilities will be added over time.

Where Can I Learn More About OMI Tokens?
You can learn more about OMI in the OMI Token Portal. This includes how to purchase tokens and how to deposit them into your VeVe wallet so that you can begin to earn bonus Points.

When will the MCP be available in VeVe?
Phase 1 is currently in beta, and once complete, the following phases will go into development.

When will each phase be released?
We will aim to release each phase as soon as possible. That said, development timelines can change due to varying factors, so we cannot give a precise release date until closer to release. Each of the phases will release when ready.

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PLEASE NOTE
There will be measures in place to prevent users from exploiting, abusing or otherwise gaming the system, so don’t make any rash decisions about your collections or purchasing activity based on this article.

MCP may be modified by us in future as we continue to test and evolve it to create the optimal loyalty program.

Learn More About MCP

Apr 18, 2023

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