The NFT market has been experiencing a lot of engagement and making more and more people curious about how to make the most of it. And though NFT investment is not difficult to learn, your strategy can make or break your game.
One of the most important NFT investing advice that may apply in different situations is to spread your investment across different stocks loosely involved in the market. This way, you don’t have to tie your hopes to a single NFT.
But, what are some great NFT stocks to invest in? Let’s understand together.
- Lucky Block
Lucky Block is one of the best NFT stocks to invest in currently. It is a crypto-lottery platform built on the BSC network. Lucky Block is not equity, which can improve your portfolio’s risk-reward ratio.
Lucky Block has digital lotto draws where people from around the world can participate and stand a chance to win. Its NFT collection consists of 10,000 digital assets, which investors must buy to participate in the lucky draw.
eBay is a popular online marketplace that was founded in 1995. It trades on the NASDAQ exchange and carries a market capitalization of over $30 billion. The platform enables trusted NFT sellers to list their collections on eBay and sell through traditional payment methods.
Many NFT marketplaces accept only cryptocurrency. But with eBay, this isn’t a requirement, which makes it one of the best NFT stocks on the NFT stock list.
Coinbase is an important yet undervalued NFT stock that may soon take a leading role in the NFT space by making NFT creation extremely simple. It will enable people from all walks of life to market their NFTs via a single hub.
Coinbase has a lot of potential, but its stocks are currently trading at less than 50% of the listing price. This means that you can enter the market without spending a fortune and still be eligible for profits.
One of the most profitable NFT investments you can make is by purchasing Draftkings NFTs. Draftkings specializes in sports fantasy contests and online betting. And ever since the company went public in 2019, the stock value has increased by more than 67%.
Draftskings regularly drops new sports-related NFTs through a partnership with Autograph so people can buy NFTs signed by leading sportspeople.
If you’re looking for the best NFT stocks with huge upside momentum, Cloudfare is the way to go. Cloudfare is involved in delivering digital content securely via the cloud. Cloudfare also supports NFTs but requires a third-party, such as OpenSea, to create NFTs.
You can mint your NFT and upload the token ID on your Cloudfare account. Talking about its share price, Cloudfare is one of the top-performing NFT stocks out there. Since 2019, its shares have increased by more than 500%.
Mattel, a toy manufacturing company, is one of the oldest NFT stocks. It was listed on NASDAQ in 1960. But in recent years, Mattel stocks have barely moved. However, since 2021, Mattel has created interesting NFTs like Barbie and Hot Wheels NFTs that you can buy directly from the Mattel Creation website.
- Dolphin Entertainment
Dolphin Entertainment handles premium content and entertainment marketing with subsidiaries like 42West, Fire Media, Viewpoint Creative, and the Door and Shore. People with a focus on the digital realm can invest in Dolphin NFTs. It also has a separate NFT division and its own NFT marketplace called FTX.US, helping position the brand as an NFT leader.
Twitter does not have an NFT marketplace, plus the platform doesn’t allow you to store NFTs. However, some of the most profitable and successful collections to date have been promoted on Twitter.
The bored Ape Yacht Club NFT series is an example. It consists of 10,000 unique tokens, out of which several belong to A-list celebrities, including Justin Bieber, Steve Aoki, Jimmy Fallon, etc. Twitter stock value has increased by over 25%.
Heineken has launched its first NFT, an entirely virtual beer, Heineken Silver. It consists of computer-generated ingredients for beer fans. It also has a virtual brewery that doubles as a learning tool. You can see virtual yeast (named A-Pixels) getting processed or observe “binary-coded hops” grown by farmers in virtual Heineken fields. Heineken is already a popular brand, which makes it one of the most successful NFTs on the NFT stock list.
Funko is a popular brand known for its character toys with big heads. The designs are really trendy and sell for hundreds of dollars. The company is now also introducing its NFT art called Digital Funko Pop. The prices start from $10. Moreover, people who buy a physical toy would get a coin with their purchase.
NFTs are in high demand and are not expected to go anywhere any time soon. So, if you have been doing your research well enough, it may be a good time for you to jump on the bandwagon.
Read more about the NFTs you’re inclined toward and make an informed decision. These NFTs explained above will give you a great start.
Author Bio: Akanksha Malik writes to share her knowledge on crypto trends, investments, and NFT opportunities with her readers so they can stay updated! She works as a digital strategist and content creator for Mesha — an online investing platform that serves as a club where investors from around the globe can meet new fellow investors, compete in money challenges, and invest in NFTs & crypto. Besides finance and fintech, Akanksha loves architecture and discovering cuisines of new places she travels to.