As the world of blockchain and virtual reality continues to evolve, the new era of non-fungible tokens (NFTs) is quickly taking shape. NFTs are digital assets that represent unique and individual items, unlike traditional cryptocurrencies which are fungible. This makes them perfect for representing a variety of different objects in virtual worlds and gaming environments. Because NFTs can hold real value, they’re also an attractive investment opportunity. Here are 10 of the best NFT stocks to watch right now.
Best NFT Stocks To Invest In
Animoca Brands
One of the best NFT stocks to buy right now is Animoca Brands (AB1.AX). This Australian company is behind some of the world’s most popular mobile games, including “The Sandbox” and “Good Lock.” In recent months, Animoca Brands has been ramping up its investment in blockchain technology and NFTs. The company has already released a number of successful NFT-based games and is working on several more. For investors looking for exposure to the growing NFT sector, Animoca Brands is a great option.
Dapper Labs
Another top NFT stock to buy is Dapper Labs (DAPKF). This Canadian company is the creator of popular blockchain game “CryptoKitties.” Dapper Labs has also developed an NFT platform called Flow, which is being used by a growing number of game developers. In addition to its strong position in the NFT space, Dapper Labs also has a partnership with the NBA to create an NFT-based basketball game. This gives the company a lot of upside potential.
Roblox
Roblox (RBLX) is another company that’s well-positioned to benefit from the growth of NFTs. This online gaming platform has a huge user base and is already home to a number of popular NFT-based games. Roblox is also working on its own NFT platform, which is expected to launch later this year. With its large user base and strong position in the gaming industry, Roblox is one of the best NFT stocks to buy right now.
Twitter (TWTR) is another top stock to watch in the NFT space. The social media giant recently announced that it would allow users to create and post NFT-based tweets. This move could help Twitter tap into the growing NFT market and attract new users. Twitter is also working on a new tipping feature that would allow users to tip each other in NFTs. This could further boost the platform’s appeal to NFT investors and collectors.
Skychain Global
Skychain Global (SKCHF) is a blockchain company that’s working on a number of NFT-related projects. The company’s flagship product is an NFT marketplace called “Superworld.” Superworld is a virtual world that allows users to create, buy, and sell NFTs. Skychain Global is also working on an NFT-based social media platform called “Mastodon.” This platform could be a major competitor to Twitter in the NFT space.
eBay
Ebay (EBAY) is another company that’s been quick to embrace NFTs. The online marketplace recently announced that it would allow users to buy and sell NFTs on its platform. This move could help Ebay tap into the growing NFT market and attract new users. Ebay is also working on a number of other NFT-related initiatives, including a partnership with blockchain platform VeChain.
Overstock
Overstock (OSTK) is another top NFT stock to buy. This online retailer was one of the first companies to start accepting Bitcoin as payment and has been a big proponent of blockchain technology. Overstock’s subsidiary, tZERO, is working on a number of NFT-related projects. These include an NFT marketplace and an NFT-based loyalty program. With its strong position in the blockchain space, Overstock is well-positioned to benefit from the growth of NFTs.
Sino-Global
Sino-Global Shipping (SINO) is a shipping and logistics company that’s been working on a number of blockchain-related initiatives. The company recently announced that it would launch an NFT marketplace called “CargoX.” This marketplace will allow users to buy and sell NFTs related to the shipping industry. Sino-Global is also working on a blockchain-based tracking system for the shipping industry. This system could help the company tap into the growing NFT market.
Giftbit
Giftbit (GBIT) is a digital gift card company that’s been working on a number of blockchain-related projects. The company recently announced that it would launch an NFT marketplace called “Nifty.” This marketplace will allow users to buy and sell NFTs related to the gifting industry. Giftbit is also working on a blockchain-based loyalty program. This program could help the company tap into the growing NFT market.
So there you have it — Ten stocks that are well-positioned to benefit from the growth of NFTs. With their strong positions in the NFT space, these stocks offer investors a lot of upside potential.
Conclusion
These are 10 of the best NFT stocks to buy right now. With the sector expected to continue to grow, these companies are well-positioned to benefit from the rise of NFTs.
