01/09/2021 Is NFT Stock Vinco Ventures a Good NFT to Own?

Digital media company Vinco Ventures (BBIG) has become the latest meme play as amateur investors pumped up their bets on the stock due to social media hype. However, the stock’s wild gains are not in sync with the company’s bleak fundamentals and financials. Furthermore, considering the risks associated with the nascent NFT market, is it worth betting on the stock now?.

Digital marketing company Vinco Ventures, Inc. (BBIG) focuses on sourcing, design, sales, fulfillment, and shipping services in North America, the Asia Pacific, and Europe. Shares of the Bethlehem, Pa.-based digital media merger and acquisition company have rallied 187% in price over the past five days, driven by the meme stock craze.

As investor chatrooms like StockTwits and Reddit’s r/wallstreetbets light up with BBIG’s mention, along with other new meme names, the NFT stock has more than doubled in price from last week. Also, the strategic launch of its E-NFT platform and its planned Lomotif acquisition have helped the stock soar 149.5% over the past three months.

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However, the company reported disappointing second-quarter earnings results. In addition, its expanding operating expenses and losses and uncertainty surrounding the NFT space could cause its shares to retreat in the near term.

Here is what we think could influence BBIG’s performance in the near term:

Acquisition of Lomotif

Through the joint venture entity ZVV Media, BBIG acquired an 80% interest in Lomotif Private Limited, the owner of short-form video platform Lomotif. The acquisition of Lomotif should strengthen the company’s position in the digital media and entertainment industry and enhance its offerings. However, since financial details have not yet been revealed, the deal's uncertainty could raise investors’ anxiety. In addition, although robust user growth of Lomotif could bode well for the stock, the hefty costs associated with the acquisition could negatively impact its business.

Arts

https://finance.yahoo.com/news/nft-stock-vinco-ventures-good-132015625.html

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By OthersideDeployer
The Machine of Real Madrid
Visual Toy honoring the greatness of the most awarded club in the world of football, Real Madrid. Including his top stars of all time including President Bernabeu, a myth in the club's management. This Visual Toy represents the club as a title machine with the Champions League as a great emblem, since it holds the leadership in victories in the maximum European competition. A magical and fantastic mechanism like the history of the club itself. Including the Bernabeu in its last year before the remodeling in 2020, this Visual Toy brings together all the essence and soul of the merengue team. https://javierarres.com
Alex in Wonderland
A figure, Alex, stands mostly naked in the midst of a physical and psychological maelstrom. He is clad only in nostalgic 80’s era socks, on a tenuous island between active waters and a variety of shark denizens. Sharks on the right side of the image are all beached, including a shark with a quartz crystal snout, an orange shark wrapped in a life buoy, and a shark further in the distance wearing an 80’s style shirt with the number “88”. On the left side is the largest shark, wearing bright glossy red lipstick and brandishing prominent teeth with braces. She is cordoned off from the figure by a roped float divider, and within her thought bubble is a warning symbol. Behind the figure, hovering in the air, are Grey aliens emerging from the distance, out of a series of elliptical UFO shaped interdimensional membranes. The Greys take on the visual form of spermazoa ostensibly impregnating the interdimensional thresholds. As is typical, these Greys inhabit a zone just behind the unconscious topology of Alex’s dissociative mind. Though Alex’s bottom half is representative, his top half mutates into a psychological cornucopia. In a manner akin to “Auto-Erotic Sphinx”, a predecessor work, the figure has self suctioned—an act of sensual infatuation, enjoyment, and exploration. Upward exists the figure’s primary conscious eye, adorned with a revolutionary beret emblazoned with a Bitcoin badge. The figure’s summit features the nose of a fighter jet facing off against video game Bullet Bills, one of whom is marked by a communist North Korean star. A cropped section of a UFO observes the contest. Alex’s mind branches both left and right. To the left is more singular embodied consciousness, manifesting two eyes and a Ganesh trunk grasping crayons. The right branch dissociates upward diagonally, emerging into an array of eyes, faces, teeth, tail, a unicorn horn, and much more—all of which participate in expressing his unconscious being; a democracy of psychic factions representing thought impressions and associations. All illumination and darkness– fernal, infernal, high consciousness and corporeal underbelly–reside in this realm. In the distance are relatively languid, light clouds, and against the firmament hovers a colossal distant eye peering over the scene and far beyond. This painting possesses underlying genetic traits with previous works such as “Auto-Erotic Sphinx with Toys”, “Dionysus”, and “Fuku-Shiva”. The work serves also as a nod to an earlier period of art inspiration during late teens and early twenties— born out of the nakedness, vulnerability, curiosity, and wonder inherent to coming of age and all subsequent psychedelic revelation.