Non-fungible tokens, or NFTs, have experienced a lot of media attention across the gaming and blockchain worlds in the last year. The new trend of NFT stocks has made it one of the most exciting and promising investments for early adopters. As the popularity of non-fungible tokens continues to grow, everyone wants to invest in non-fungible tokens — whether it’s for the long-term gain or just as a fun way to diversify their portfolio. Discover one of the most popular NFT Stocks list ever.
NFT in Few Words
Non-fungible tokens, or NFTs, are a new type of cryptocurrency. They can be almost anything you can imagine: real estate, virtual Pokemon, gift cards to Amazon — the possibilities are endless. Because they track unique objects and things, they’re more versatile than “traditional” cryptocurrencies like Bitcoin.
NFTs are like digital assets, which include: art, music, videos, and games. All of these get created using blockchain tech. What does blockchain mean? Blockchain is a network that keeps track of “blocks” of transactions through secure and encrypted means.
Investing in NFT Stocks. Is it a Good Idea?
People have different reasons for investing in NFTs: some choose to invest in NFT stocks to diversify their portfolios, whereas others seek to buy NFTs themselves — or even both depending on their time and interest. There are two kinds of investors in the crypto space. Those who want to ride the wave of innovations and make a quick buck. Some care about the potential of technology to change how we live.
The NFT market is still small, but it could very much shape the future of gaming and beyond. Artists are already experimenting with blockchain technology to create new relationships with their fanbases, while other token holders are using non-fungible tokens to cherish their value from games or social communities. NFTs, or Non-Fungible Tokens, are the new big thing in the crypto world. As more and more companies emerge that issue their own NFTs, they form a new type of model for value exchange. In the future, there may even be entire ecosystems based on NFTs — systems that act as an exchange and centers for collective activity.
Best NFT Stocks List
If you’re looking to take advantage of the increasing popularity of blockchain and NFT, there are several NFT stocks from which investors can choose. Check out our top NFT stocks list.
Funko (NASDAQ: FNKO)
FNKO is a company that makes pop culture-related products, including accessories, plush, vinyl figures, board games, apparel, and action figures.
Funko acquired a majority stake in the NFT platform TokenWave, which is one of the leading decentralized exchanges used to trade tokens and collectibles quickly. Its app boasts around 100,000 daily active users who use it to trade items.Check Funko
Dolphin Entertainment (DLPN)
Dolphin Entertainment knows that entertainment marketing and premium content are essential for modern businesses. That is why their subsidiaries, 42West, Fire Media, The Door and Shore, and Viewpoint Creative, specialize in different entertainment world areas.
Dolphin Entertainment’s focus on digital media makes it a great investment for those interested in digital assets, especially since the company has a separate division dedicated to digital collections. Dolphin Entertainment recently launched its digital asset marketplace called FTX.US, positioning the brand as an industry leader.Check DLPN
Coinbase has made it a priority to provide top-notch digital currency services and products. To this day, it remains one of the most widely used cryptocurrency portals globally. Coinbase makes it easy to buy, sell, use, and accept cryptocurrencies like Bitcoin and Ethereum. With over 100 employees, Coinbase’s headquarters are in San Francisco, and the company also has offices in New York, Chicago, London, Portland, Tokyo, Toronto, Dublin, and Singapore. Since the initial launch, they have amassed approximately 73 million users on the platform.
Think of Coinbase as an entrance to the world of NFTs. It allows you to convert fiat currency into cryptocurrency to buy and sell your favorite NFTs. Coinbase unveiled a new Non-Fungible Tokens platform, which will enable individuals to trade Non-Fungible Tokens soon.Check Coin
Silvergate Capital (SI)
Silvergate Capital, a modest bank situated in San Diego, California, was among the first financial institutions to enter the cryptocurrency field. It is now exclusively devoted to cryptocurrency trading and investing. Ninety-three cryptocurrency exchanges are among its customers, who use its bank accounts to shift the money that backs their crypto trading.
Silvergate also operates its cryptocurrency trading network- the Silvergate Exchange Network (SEN). It allows individuals and organizations to conduct cryptocurrency exchanges and supports a range of stablecoins. Silvergate, according to analysts, has taken a large portion of the cryptocurrency exchange marketplace.Check Silvegate
eBay is a viable investment opportunity for its competence in the e-commerce industry. The firm announced the opportunity to purchase and trade NFTs on its eBay web page in the first quarter of 2021.
With the cultivation of its own proprietary NFTs, eBay is pushing this endeavor to the next level. Among them is a canvas created alongside Kayvon Thibodeaux, an Oregon Ducks player, who appears on the canvas. It is fascinating that eBay has remained flexible to satisfy the demands of the rapidly changing markets.Check EBAY
CyberMiles is a blockchain network that serves as a decentralized, transparent business ecosystem. It is the first solution to allow commercial transactions between Ethereum (ETH) and DPOS. The new blockchain redefines how businesses interact with customers and suppliers through decentralization and transparency.
The CyberMiles platform brings the best practices to the blockchain, providing guidance and support for future development. The exhaustive research and analysis behind the creation of the CyberMiles platform have provided a solid foundation for other projects in the blockchain space.
From the very beginning, CyberMiles has been committed to enabling the commercial use of NFTs on its blockchain, allowing anyone to buy and sell unique digital assets on a marketplace.Check CyberMiles
Sino-Global works with CyberMiles to launch a new exchange for NFTs. This partnership is revolutionary because it allows creators to sell their digital art through the platform, bridging the divide between art investment’s physical and digital worlds.Check Sino-Global
Shopify Inc. (SHOP)
Shopify is an e-commerce platform that simplifies the process of consumers buying and selling. This Tweet by Shopify President Harley Finkelstein about Non-Fungible Tokens resulted in a 19% increase in stock prices. The increase did not last, suggesting that the announcement could have been the sole source of the increase. Despite this, the marketplace is already well-suited for use as a Non-fungible Token platform due to its existing design. If and when Shopify decides to venture into the NFT sector, it should be a firm to keep an eye out for in the future.Check Shopify
WIseKey International Holdings (WIHN)
WISHN offers an end-to-end cybersecurity platform with interoperable cybersecurity hardware and software solutions. WISeKey has made strides in the NFT space by proposing new solutions to various problems. WISe.art is an NFT marketplace for digital assets, in which WISeKey mints NFTs and then auctions them on their platform.
WISekey has stated that they will now allow anyone to create digital identities and claim ownership of those identities with the certainty that the company has authenticated them.Check WIseKey
Final Take: NFT Stocks List
Explore Best NFT Stocks List
Best NFT Stocks List. Invest Right
The growing volume of blockchain transactions is also a good indicator of how popular NFTs have become. Nasdaq calls NFTs one of the best long-term investment opportunities available today. The only question is: which NFT do you want to invest in? While there will be ups and downs along the way, many investors are hoping that NFTs will continue to trend upwards on an overall basis.