Non-fungible tokens, or NFTs, have been gaining popularity lately as a new way to invest in digital assets. If you’re considering buying into the NFT trend, here are three of the best stocks to consider!
E-commerce giant eBay (NASDAQ: EBAY) made waves when it announced its foray into the NFT business earlier this year.
He has partnered with one of the leading web3 NFT platforms, to release a limited-edition collection of his NFTs featuring hockey legend Wayne Gretzky. Although eBay’s entry into the NFT business may have come as a surprise to many. This platform is perfect for those who are passionate about trading unique collectibles. So it was essentially a game made in heaven. So, if you are into crypto investment you might consider knowing about bitcoin-eraapp.com on Crypto Trading.
Additionally, a month later in June, eBay acquired its Known Origin primary NFT marketplace. eBay calls it a “key step in its technology-driven reinterpretation.”
Known Origin is one of the most popular NFT platforms, offering artists a unique platform to create and sell digital art in exchange for crypto payments. Since its inception in 2018, it has facilitated over $7.5 million in NFT transactions.
For eBay, foraying into the NFT space could be a business feat. With over 140 million buyers worldwide, eBay’s commitment to NFTs knows no bounds.
Funko (FNKO) is a pop culture collectibles company that has seen a surge in demand for its products in recent years. The company’s products include vinyl figures, plush toys, and other collectibles.
Funko’s products are popular with collectors and have a high resale value. This has led to strong demand for the company’s products, even during the COVID-19 pandemic.
Investing in Funko is a good way to tap into the growing collectibles market. The company’s products have proven to be popular with collectors and have a high resale value. This makes Funko a good long-term investment.
Funko (NASDAQ: FNKO) is a leading manufacturer of collectible toys with an incredible track record of increasing sales and profits.
Last March, Chief Creative Officer Brian Mariotti said Funko was the only company that could make a rare physical product and combine it with his rare NFTs. Funko sets itself apart from its competitors by being able to tie NFTs into physical products while leveraging its large fan base.
Funko has launched his NFT called Digital Pop. Last year, he partnered with Droppp, his leading NFT marketplace. This partnership allowed Funko to launch his Funko Digital Pop! A community that continues to grow at an astonishing speed. Additionally, we acquired an NFT platform called TokenWave, which boasts a huge visitor base. We also acquired collectibles company Mondo to further strengthen our digital repertoire. These moves could add incredible value to Funko’s earnings growth as it moves forward.
Dolphin Entertainment is a leading entertainment company that produces and distributes content across multiple platforms. The company’s stock has surged in recent months as investors have become more interested in NFTs. Dolphin Entertainment is one of the best NFT stocks you can buy now.
The company has a strong track record of success and has a large portfolio of NFTs. Dolphin Entertainment is also well-positioned to benefit from the continued growth of the NFT market. The company’s stock is currently trading at around $4 per share roughly.
Dolphin Entertainment (NASDAQ: DLPN) operates as a premium content development company focused on providing advertising and marketing services. He was one of the first companies to create his own NFT division called Dolphin Digital Studios. Through this division, he helps launch various brands and sell his NFTs.
Additionally, a leading crypto exchange company, he has partnered with FTX.US to develop his massive NFT marketplace focused on sports and entertainment. Also recently announced were Creature Chronicles: Exiled Aliens and the Olympics Winter Sports Champions NFT Collection.
NFTs could be a key part of Dolphin’s long-term success. The business as a whole has been incredibly successful, with a staggering 90.4% five-year compound revenue growth.
Plus, it’s only 0.92x forward sales, making him one of the best investments to date. Going forward, his 2.0 initiative could herald a stage of growth for the company. In addition to the regular source of income from our clients, we also aim to acquire shares.
If you’re looking to invest in NFT stocks, there are a few options out there. We’ve compiled a list of three of the best NFT stocks for you to consider, based on their potential for growth and stability. With the right investment, you could see some serious returns from these NFT companies. So what are you waiting for? Start researching and investing today!