NFT shares. What’s this? How to earn?

Shares of companies investing in NFTs. How to make money on it? Profitable NFT collections cost a lot of money? How to start investing in NFTs without a big budget?

As 2022 begins, the NFT space is booming, with more people looking to get involved. However, some new industry factors may put some off. Not to mention the high entry price for the most effective NFTs. Yes, and entering this industry for a beginner can be difficult. This is where buying NFT shares in the stock market comes to the rescue.

Currently, many people are faced with the choice of NFT. They see a surge of interest in this area, but are hesitant to make a leap and buy one of them. If you are one of those people, then you should look to the traditional stock market for promising NFT opportunities. Luckily, you’ve come to just the right place.

Let’s talk about NFT stocks and take a look at some of the more interesting options that currently exist.

Shares of companies in NFTs are a different but promising way to invest in this space.

Why should you consider NFT stocks?

First of all, let’s define the phrase “NFT stocks”. Within the framework of this article, we are talking about publicly traded shares of companies that are significantly involved in the NFT.

Does the phrase “NFT stocks” seem a bit of a misnomer? After all, NFTs, and the Web3 ecosystem of which they are a part, are largely about disruption. They are groups of people playing in the sandbox outside of the establishment. Those who pave the way into the unknown, relying on new technologies. In contrast, the stock market is not the same at all.

While this may be true, many people still refer to NFTs and talk about them in the same way as stocks. Indeed, there is a common language between them. And in fact, there are a lot of people who are interested and invest in both.

Of course, the stock market differs from others in that it may be of great importance to some. For example, the stock market is much more established. This may be the biggest hurdle for those who care about decentralization and other pillars of Web3. In fact, it provides a higher level of security for most non-cryptocurrencies.

At the same time, it may also appeal to those who are sensitive to the lack of regulatory clarity when it comes to NFTs and cryptocurrencies.

Another key point is volatility. Of course, the stock market can be incredibly volatile. But today’s NFT and cryptocurrency markets are a completely different matter.

With all that said, let’s take a look at the stocks of some of the big NFT companies.

Note: Comments on the companies listed here are for educational purposes only and do not constitute financial advice. It is important to do your due diligence before making any investment.

Companies to Watch for NFT Stocks

Coinbase, the largest US cryptocurrency exchange, will soon launch an NFT trading platform.
NFT promotions for companies with trading platforms
Coinbase (shares: COIN)

Coinbase shocked the NFT world when it announced the launch of its own NFT marketplace. So much so that it became a badge of honor for the NFT projects she chose to trade on her platform at launch.

As the largest U.S. cryptocurrency exchange, Coinbase already attracted Web3 believers when it went public last April. Now, with the imminent launch of Coinbase NFT, this is an even more interesting company to keep an eye on.

GameStop (GME)

The video game retailer has already seen some market movement with its entry into the NFT market. To clarify, the share price of this de facto talisman of retail investors surged over 30% last week. This growth was due to the fact that GameStop announced that it is also going to launch an NFT marketplace.

The news about the NFT market of GameStop led to a rapid increase in the value of its shares.
Dolphin Entertainment (DLPN)

Dolphin is an entertainment and management company with big NFT plans. For example, a company has an entire division dedicated to NFT. Not only that, she even released her own generative NFT collection “Creature Chronicles: Exiled Aliens”.

Most importantly, the company is partnering with major cryptocurrency exchange FTX to create an NFT market. The platform focuses on NFTs from sports and entertainment brands.

eBay (EBAY)
eBay was one of those companies that survived and thrived after the internet boom and bubble of the late 90s. As a result, eBay’s story is one that many modern NFT platforms hope to repeat. And today, the company is innovating through NFTs.

Back in May 2021, eBay began allowing the sale of NFTs on its site. With its long history and visibility, the company could become an important player when NFTs enterinto the mainstream.

Twitter is working on an NFT verification feature.

NFT promotions for brands actively investing in NFTs

Twitter (TWTR)
The social media giant needs no introduction. At the same time, you can hardly attribute the movement of his stock prices to NFTs alone. In any case, the connection between Twitter and NFT is clear.

First, Twitter is the primary home for the NFT community. In addition, the company is working on the NFT verification function. When it is launched, it will surely boost the NFT profile on the platform.

Funko (FNKO)

Funko is one of the most recognizable names in the collectibles industry. Given this, it is not surprising that the company became one of the first adopters of the NFT. To this end, the company has released many collections of NFTs on the WAX ​​blockchain.

Like IRL Funko models, NFTs feature characters from beloved pop culture franchises. In addition, last year the company became the majority shareholder of TokenWave. To clarify, TokenWave is a developer of an application for tracking NFT ownership.

Barbie’s parent company, Mattel, is heavily involved in the NFT.
Mattel (MAT)

The toy company is another big name making strides in the NFT space. Her games include the Hot Wheels collection and NFT blue-chip partnership, VeeFriends.

Mattel’s latest move is to launch its Barbie brand into the NFT market through a partnership with luxury fashion house Balmain.

NFT stocks are likely to rise along with NFTs
Last year, the NFT market experienced an explosion, sales breaking previous records. It is almost certain that this industry will continue to attract attention in 2022. Undoubtedly, big business is taking note and investing in this space.

Thus, the largest operator of the stock exchange NASDAQ itself published a number of articles in which it predicts a significant growth in the NFT market.

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