13/08/2021 10 NFT Startups Investors are Flocking To

In this article, we discuss the 10 NFT startups investors are flocking to. If you want to skip our detailed analysis of these stocks, go directly to the 5 NFT Startups Investors are Flocking To.

The mainstreaming of cryptocurrencies in the past two years has helped fuel a roaring trade in non-fungible tokens (NFTs) - a digital representation of real-world objects that are bought and sold online. Although around since 2017, they have started to gain more traction as online trade increases. Digital analytics firm DappRadar, which tracks NFT sales, estimates that NFT trade has raked in $2.5 billion in the first six months of 2021. This money is being funneled through NFT marketplaces like OpenSea, Axie Infinity, and CryptoPunks, among others. 

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These startups are already dealing with hundreds of thousands of traders on their platforms and handling transactions worth millions. According to DappRadar, OpenSea has 214,789 traders on the platform and a volume of $1.6 billion, Axie Infinity has 363,153 traders and a volume of $1.2 billion, while CryptoPunks just 4,187 traders but a volume of over $678 million. These numbers highlight the growth potential offered by the NFT industry that is still in infancy but rapidly increasing in value in tandem with the digitization of the world at large. 

Some of the famous NFT stocks presently trading on the market include Dolphin Entertainment, Inc. (NASDAQ: DLPN), Takung Art Co., Ltd. (NYSE: TKAT), and ZK International Group Co., Ltd. (NASDAQ: ZKIN), among others discussed in detail below. Investors looking for inroads in the NFT space should explore gaming and entertainment firms dealing with NFTs, since a business in collectibles - evidenced by the sale of artworks by Beeple and Edward Snowden for $69 million and $5.4 million respectively - is booming. 

The advent of blockchain technology has upended the world of finance. The entire hedge fund industry is feeling the reverberations of the changing financial landscape. Its reputation has been tarnished in the last decade, during which its hedged returns couldn’t keep up with the unhedged returns of the market indices. On the other hand, Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 124 percentage points since March 2017. Between March 2017 and July 2021 our monthly newsletter’s stock picks returned 186.1%, vs. 100.1% for the SPY. Our stock picks outperformed the market by more than 115 percentage points. That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. 

Arts

https://finance.yahoo.com/news/10-nft-startups-investors-flocking-181135081.html

Interesting NFTs
混沌の目
The eye of ChaosYour inner and outer worldsSeeing each other
Source Code for the WWW
OWNER: Sir Tim Berners-Lee Sir Tim Berners-Lee, b. 1955 Source Code for the WWW 1990-1991 Work includes: Original archive of dated and time-stamped files containing the source code, written between 3 October 1990 and 24 August 1991. These files contain code with approximately 9,555 lines, the contents of which include implementations of the three languages and protocols invented by Sir Tim; HTML (Hypertext Markup Language); HTTP (Hyper Transfer Protocol); and URIs (Uniform Resource Identifiers), as well as the original HTML documents that instructed early web users on how to use the application Animated visualization of the code being written (Video, black & white, silent), lasting 30 minutes 25 seconds A Scalable Vector Graphics (SVG) representation of the full code (A0 841mm wide by 1189 mm high), created by Sir Tim from the original files using Python, with a graphic representation of his physical signature at lower right A letter written in the README.md file (in “markdown” format) by Sir Tim in June of 2021, reflecting upon the code and his process of creating it Non-fungible Token ERC-721 Minted on June 15, 2021, ed. 1/1 Smart Contract Address: 0x86ade256037d80d6d42df8df96d5be21cd25bd8f
Do Nothing (new variant) #7/15
Sometimes
Block Chain Dungeon
Once upon a time... a little boy named Leo loved to paint, draw and experiment. He also loved to play with blocks and chains, which drew him again and again into the rooms of his friends Michel and Angelo. Often they also met in virtual rooms of Cryptovoxels, Decentraland, Somnium Space or Sandbox to create new inventions, read books about new technologies, or just swing the brushes. But on this day something gigantic happened. A good friend of Leo came to visit and brought his girlfriend Mona, who wanted a piece of Leo's art on her skin. This was the birth of the NFT's, as Leo developed Non Fungible Tattoos in the Block Chain Dungeon of Michel and Angelo. From that day on people from all over the world came to get NFT's from Leo or one of his students, like "Skeenee the rat", who controls the NFT machine with his laptop. A new age began.
#85699
By OthersideDeployer