What is the meaning of NFT and NFT stocks?

Not long ago, Christie’s, a century-old auction house, successfully auctioned a sky-high price for NFT digital artworks, which eventually sold for more than US$69 million.

What is the meaning of NFT?

The full name of NFT is Non-Fungible Token, which is a non-homogeneous token, which can be understood as a genuine authentication certificate encrypted by blockchain technology. Because of its encrypted and unique characteristics, it is currently widely used in the field of digital art. As long as it is a digital version of art, everything can be NFT, including but not limited to pictures, music, games, videos, and even a single tweet can become NFT. Jack Dorsey, the founder, and CEO of Twitter posted the first tweet "Just setting up my Twitter" on Twitter, which was only 5 English words, and the price was as high as 2.9 million US dollars.

The NFT boom is sweeping, and related concept stocks have already taken off. There are many more popular science introductions about NFT, which are not the focus of this article. At the same time, I have mentioned the topic of NFT many times before, and I believe many small partners have their own understanding. Today I mainly want to talk about how we can explore and ambush the NFT concept stocks that may skyrocket from the perspective of investment.

I summarized the NFT concept stocks that may have skyrocketing potential are mainly divided into two categories.

The first category is a company that owns the copyright or content production intellectual property rights of literature, music, games, or videos.

These companies are likely to announce that these works of art will be encrypted into NFTs and re-launched to catch up on hot spots.

This type of concept stock accounted for a large part of all rising stocks, and most of them came from the "Communication Services" sector.

The most recent example is Dolphin Entertainment (DLPN).

After the company announced today that it would enter the NFT market, its stock price rose more than 200%. There have been many other stocks that used the same pattern before.

So if we want to ambush this type of company, we first need to find a company that owns works of art and then analyzes whether it has the possibility of listing NFT.

Take the GNUS, CIDM, and LIVX companies that I have discovered.

They all have their own movies, music, or channels, and they are likely to enter the NFT field soon.

At the same time, the slight gains in these stocks also indicate that some investors have also begun to ambush this area.

The second category is companies that serve as online trading platforms for works of art (such as the China Cultural Exchange).

The most intuitive example of this category is Takung Art (TKAT), the NFT leader.

This stock has risen from more than US$1 at the beginning of this year to today's highest price of US$74, which is more than 30 times more than that. And most of the gains were completed in only two weeks.

Artists, investors, and dealers can trade and buy artworks on Takung Art's platform. In fact, this company has not yet been involved in the NFT field, but investors who purchase the company’s stock expect that the company will definitely be involved in NFT transactions in the future.

Secondly, there is Funko (FNKO) which is very popular recently among the same type of company.

Funko is an online trading platform for hand-to-do in the United States. Its hand-to-do peripherals include Disney, Marvel, Star Wars, NBA, and so on. The recent wave of breakthroughs in stock prices has contributed to the concept of NFT.

Of course, in addition to the two categories mentioned above, there are some small branches, such as network security.

Swiss network security company WISeKey International (WKEY) has previously announced that it will use NFT as digital identity verification for valuables and proof of ownership of digital assets.

Finally, in addition to the individual stocks I mentioned above, if you have any different types of research or stocks, please discuss them in the comment section and discuss them together.

Comments

4 economic indicators that must be observed!

Stocks are one of the simplest and most passive types of income, but when we invest in the stock market, we always feel that the current stock price is on the high side, but if we don’t enter the market to buy stocks, we are afraid that the stock price will continue to rise. When the U.S. stock market continues to hit new highs, should it enter the market or should it wait and see and wait for the crash to enter the market. First of all, I want to declare that I am a value investor and insist on the BUY AND HOLD operation method. We all know that stocks are cyclical, and we are now experiencing the longest bull market in history. Stock market analysts believe that a crash may come at any time, but we just have no way to predict the specific time. I believe everyone understands. But I know that a bear market will definitely come. The long-term trend of stocks often has several economic data as a reference. Today we will take a look at these economic data. source: tradingview...

C3.ai stock forecast 2025: Is it time to buy now?

Few emerging technologies are as exciting as artificial intelligence. We have witnessed its ability to be applied in new ways, from quickly analyzing large amounts of data to improve the efficiency of hardware and software. C3.ai(AI) is one of the only companies in the world that develop artificial intelligence into independent services. In short, artificial intelligence is its entire business. Investors avoided such stocks this year because large technology companies began to engage in artificial intelligence projects, raising concerns about increased competitive threats. However, C3.ai continued to increase revenue, narrowed its losses, and added 82% of its customers in the fourth quarter of fiscal 2021. Therefore, the stock price has fallen about 60% so far this year, which may be a huge opportunity for those who want to get involved in this field. A unique business case Imagine that if a company needs to develop its own artificial intelligence, sim...

The signal that the stock market has peaked?

the stock market Although I know how to judge when the bear market is over and when I should buy at the bottom, I still don't know how to judge the selling at the top. I'm afraid I don't know when to leave the market after buying stocks in the future. If you have also tried to avoid the crash, stock market crash, and even bear market, or always hold stocks at these times. These four tricks are based on my experience in the stock market for more than 10 years. They help me hold cash early before many market declines, so I suggest that you must see the end. It is likely to help you invest in stocks. Raise to another level. Because knowing how to go is more important than knowing how to buy, and knowing how to go is an important factor in determining how much you can earn or lose. The first trick, everyone needs to learn to identify the Distribution Day. As the name implies, the shipping day is a day of huge selling pressure. On that day, it may be that large account...

Will the Great Depression make a comeback?

the Great Depression On March 21, 2020, the United States already had initial unemployment data. Exceeding market expectations, the number of applicants reached 3.28 million, a record high. The current unemployment situation in the United States. Before March 7, employment in the United States was not affected by the epidemic. In the week of March 7, the number of people applying for unemployment benefits for the first time in the United States was 211,000, a decrease of 4,000 compared to the previous week. It is still healthy. This shows that the United States is in a good employment track range. The actual data began to fluctuate, that is, the data for the week of March 14, the number of people applying for relief reached 282,000, a slight increase. On March 21, the number of people applying for unemployment benefits soared to a record high this week. 1.7 million people have far exceeded expectations, and market expectations are about 1.5 to 1.7 million people. It can be said...

Bear market coming, gold(GLD) assets become essential

The economic data of the global economic powers have been deteriorating, entering the bear market stage of the economy, and people have become more cautious when choosing asset investment. We should choose investment products with a low correlation coefficient with economic performance and investment products suitable for the current economic cycle. Investors should pay more attention to foreign exchange and commodity markets so that they can add value to your assets. Among many assets, anti-inflation commodities such as gold have become essential assets. Take gold as an example. For many years, gold has been regarded as an anti-inflation commodity by international capital markets and has been regarded as an important asset hedging tool by investors. There is also a saying, "The world bought gold during turbulent times." From basic political theory, we know that gold is not currency, and the currency is naturally gold and silver. Although gold has withdrawn from ...

TSM Stock Forecast and Price Target 2021

Today, I will analyze TSMC stocks in-depth with you. In the semiconductor sector, TSMC has always been my most promising stock. TSMC has just announced its results for the fourth quarter of 2020. At the same time, there are new developments in the entire chip industry recently. Therefore, today I will combine the financial report and chips. The latest developments in the industry to analyze the trend of TSMC stocks, First of all, we analyze TSMC’s fourth-quarter and full-year 2020 financial reports to see what are the key points worthy of investors’ attention. First, TSMC’s fourth-quarter revenue and profitability are very good. Compared with the outlook for Q4 in Q3, the outlook at that time was US$12.4-12.7 billion, and the actual revenue was US$12.68 billion. Actual revenue As the upper limit of the outlook, the gross profit margin outlook is 51.5%-53.5%, while the actual gross profit margin is 54%, which is better than the outlook. The operating net profit margin is expected t...

4 George Soros advice to investors!

Who is George Soros? George Soros is a Hungarian-born Jewish businessman. It is one of the most influential investors in the world. In 1969, the Double Eagle Fund was established for Arnhold & S. Bleichroeder, an investment management company. In 1973, Soros and his assistant Rogers left Bleichroeder to co-found Soros Fund Management. In 1979, the well-known Quantum Fund was established and continued to make profits. In the Asian financial turmoil in 1997, George Soros sniped the Thai baht and the Hong Kong dollar, which was frightening. Learning from the experiences of successful people can benefit a lot. Here are 4 tips George Soros gave investors. First, to be successful, you must have ample free time. Most people want to be rich, but not everyone realizes the importance of free time. Many people spend a lot of time working to accumulate wealth, sleep, and forget. Set the goal to complete the work indicated by the superior, or the needs of business partners. But they hav...

How to judge the market entry signal?

buy sell Most people lose money when investing in stocks. One of the biggest reasons is that they buy stocks at the wrong time. Why did they buy the stock at the wrong time? Facts have proved that many people do not know that stocks only rise 1/4 times, and that is the easiest time to make money. And in another 3/4 of the time, making money is difficult, and losing money is easier. Today, I will share how to choose the right time to buy stocks. I hope you can see the final result because, in the end, I will share with you how to use simple technical indicators to help us find the exact input time. First of all, everyone must know a concept, whether it is a stock market or a stock, there are four stages. Let us take the stock market as an example. The first stage is called the "next stage". At this time, the market has just experienced a sharp decline, and most investors in the market are not interested in the stock market, because their memories are still stuck in t...

The thinking of value investing

value investing The epidemic continues to spread, the population of new crown infections keeps growing, and the world's economy is facing a huge cold winter. During this period, the death of black people in the United States even changed from anti-epidemic to protest, and economic and social life has always been difficult to return to the right track. But what is surprising is that the US Nasdaq index has gone out of the V-shaped reversal in just over two months, hitting a record high. Looking at the record, some customers left the market in the stage of the world epic plunge in mid-March, and recently reluctantly added the position back, the difference between the previous one and the next 10-15%, this is almost a return The average return of a good fund manager in a year. Sometimes, we always take a look at ourselves, thinking that we can sell high and sell low to make a difference, and even straighten the stock index line, but in the end, it is a fierce operation, al...

My long-term stock market trading strategy!

trading strategy As a stock market investor, everyone has an investment trading strategy. Through my many years of investment experience, I have tried different investment strategies, used different investment tools, and concluded my own set of investment strategies. This is a long-term investment strategy, not a short-term one. For ordinary investors, how to cope with the big ups and downs of the stock market, and by sharing my investment trading strategy, I hope that it can help investors and enable the asset portfolio to add value steadily. First, when the stock market is at different stages, I will use different coping methods. There are usually three stages in the stock market, and I generally use three different approaches. First, the stock market is in a rising phase. I usually do not use leveraged instruments or make financial loans to trade. Although leveraged trading can make quick and large profits, it can also make quick and large losses. When trading wi...

FinanceLinkway

Search This Blog