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BLOCKv is a shared protocol for blockchain developers. The company aims to position itself as the foundation of the virtual commodity economy. In more basic terms, BLOCKv plans to build a platform where developers can create smart digital objects on the blockchain and then manipulate those objects in a seamless manner. The prototype of BLOCKv was first demonstrated on the Bitcoin block, but the technology can be built on all major blockchains, including Ethereum and others.
Those "smart objects" are called virtual atoms or vAtoms. They are a combination of code and multimedia elements. vAtoms can include any type of digital item, from in-game items to digital cards to the art we collect. It can include digital books and music, or any item we exchange on social networks.
VEE is a smart contract token built for the ERC 20 token standard. They are an integral part of the BLOCKv open source development environment. BLOCKv and each of its combined parts require VEE to bring together the BLOCKV ecosystem and provide incentives and collaboration mechanisms. Any operation on the BLOCKv platform is powered by Vee.
Vee encourages developers to experiment with revolutionary technologies. Creators are rewarded in Vee whenever someone uses their innovation.
Anyone can own a unique, verifiable, tradable virtual item that can exist across different environments (AR, VR, mobile phone, TV, tablet, etc.).