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

Shopify stock forecast 2025：Is it worth buying?

In the last year, the stocks rose relatively well. Another sector is e-commerce. Whether it is Amazon, Alibaba, JD.com, Pinduoduo, SEA or vertical e-commerce platforms Etsy and Chewy, all of them have experienced huge gains, while another category has benefited from the e-commerce sector. The company is a website building tool company such as Shopify BigCommerce Holdings. Today I will talk about shopify, the leader of website building tools. First, let's briefly talk about shopify's business model. To put it simply, shopify is a fool-like website building platform. In the past, when a company wanted to build a corporate website, it generally needed to find a dedicated person to design and maintain the website. If you want to add shopping functions to the website, the cost of building the website will also increase. This is true for many small businesses and individual businesses. A very difficult thing. Shopify uses the SAAS model to provide websit...

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...

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...

Safe-haven assets（GLD） are flowing into the market?

On March 9, 2020, the US Dow Jones Index plunged more than 2,000 points, the U.S. stock market crashed, the investment market was full of fear, and market funds flowed into those safe-haven assets? With the spread of the epidemic, the market's risk aversion has continued to increase, and the stock market has continued to fall. As an investor, to reduce investment risks, you must buy safe-haven assets, reduce the purchase or sale of assets in the stock market, and avoid a sharp decline in the stock market, which will cause serious losses. When market risks continue to increase, investors will continue to buy safe-haven assets. Investors should pay attention to the following several safe-haven assets and use them as safe-havens. Dow Jones Index The first safe-haven asset is gold. Gold（GLD）, as a traditional anti-inflation commodity, has always been the preferred safe-haven asset for investors. GLD The second safe-haven asset is the Japanese yen. Because the Japanese y...

Catherine Wood's Disruptive Innovation ETF: Is ARKK worth buying?

ARKK ETF by Catherine Wood Catherine Wood's Disruptive Innovation ETF Warren Buffett is a stock god that everyone respected in the past, but in the past year, the female stock god Catherine Wood has become famous for the rising trend of technology stocks, and his head completely overshadows Buffett. Therefore, this time I want to talk to you in detail about the prestigious history of this female stock god. Catherine Wood founded ARK Investment in 2014 and listed the funds under her management under Exchange Traded Funds to facilitate investors to buy and sell, but the management fee is as low as some passive funds that track an index, about 0.75% per year. Ark Investment launched 4 ETFs in September and October 2014. The themes are Next Generation Internet, Automation Technology and Robots, Innovative Technology, and Genetics. Among them, Innovative Technology is currently the flagship ETF of Ark Investment and the most most popular ETF w...

What is the average cost method?

Due to the recent plunge in the global market, I noticed that some people came out to promote an investment method called the fool-style stock disaster investment method. The thinking behind it is similar to other lazy investment methods, or monthly stocks/funds, just to change the saying, I will dismantle the problems behind you one by one. Let you see the risks you need to bear, first look at the logic behind this method. Its approach is this when the market drops 10%, you invest 20% of the funds to buy stock market ETFs when the market drops 20%, you invest another 20% when the market drops 30%, you invest another 20%, And so on. Until the market drops by 50%, you will put all the funds into the market, and when your average cost is equal to the market drops by 30%, you will buy all the funds in the market ETF (that is, All in). It is a kind of average cost method. The principle of this method is that, first, he believes that the maximum decline in the market is about 50%. A...

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...

INTC stock forecast 2025: intel vs tsmc

Today I will combine the latest trends in TSMC and the chip industry to talk about my views on the trend of TSMC stocks and related semiconductor stocks. The biggest news in the past few days is that Intel has invested 20 billion US dollars to build factories and enter chip foundry. Intel (INTC) stock forecast 2025 Intel’s new CEO Pat Kissinger released the ambitious "IDM 2.0" strategic plan on March 24 In summary, on the one hand, Intel will separate the chip manufacturing part and open up production capacity to provide foundry services. On the other hand, its own chips will expand the scope of finding other foundry companies. For example, looking for foundries such as TSMC and Samsung, we can interpret that Intel’s future business will have two parts: one is the foundry part and the other is the chip design part. If you look at Samsung Electronics, it originally has these two parts. Samsung’s chips are produced entirely by its own foundry company This is because Samsung’s f...

FinanceLinkway

Search This Blog