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Currencyworks Inc (OTC: CWRK) is a financial technology blockchain company that designs platforms for digital currencies, assets and security tokens. And it actually creates an incentive for good artists to keep producing creative arts. Exchange a dollar for another dollar, and you essentially still have the same thing. In no particular order: Takung Art is an online art trading company based out of Hong Kong. The company’s main business is creating glasses-free 3D displays and it currently isn’t connected to NFTs. Those wanting to dive in and learn more about the topic are in luck. While it doesn’t deal in NFTs right now, investors are hoping it will through a connection to Atari. Put it this way, if you’re able to purchase a unique NFT and then potentially sell it for more than what you paid for, you could make a handsome profit. You can find some starting points below. Read More: Penny Stocks — How to Profit Without Getting Scammed. Last year, it was companies with any coronavirus relationship. And why might I say that? But investors presume these companies might gain exposure to NFTs based on speculation. Shares in Hong Kong-Based Takung Art Co., which operates a platform for artists, art dealers and investors, rose 277% on Wednesday. The appetite for investors looking for NFT stocks isn't slowing. Crypto tokens from the New York Times column sold for $560,000. That has more than 13 million shares of the stock changing hands today compared to a daily average of about 3 million shares. There’s a good chance that the hype over NFT stocks will soon dissipate if history provides good guidance. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. This helps to explain why Cardano and Polkadot are making big moves in the crypto space as of late. This week we saw massive stock price movements in companies that are being perceived as NFT plays. If you want to invest in a company that only buys and holds NFTs, you can also buy a few pieces yourself. We saw digital artist Beeple who ended up selling a piece of artwork for $69 million and Jack Dorsey’s tweet which sold for $2.9 million. Takung Art is an online art trading company based out of Hong Kong. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks. Are NFT Penny Stocks Now A Thing? With WiSeKey International Holdings, you have the perfect example of a company that is generating hype from the current NFT craze. Copy and paste multiple symbols separated by spaces. NFT Stocks: Hall of Fame Resort & Entertainment (HOFV) Hall of Fame Resort & Entertainment (NASDAQ: HOFV) just came public in the summer of 2020, but that is not slowing down the NFT … A company spokesperson told Benzinga the company "has not made any announcements about entering the NFT market." In the past month alone, NFT transactions exceeded $220 million. All rights reserved. The boost in the price for YVR stock comes after the company completed a direct offering. Kicking off this list of potential NFT penny stocks to watch is a pioneer of modern gaming, Atari. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Stocks have struggled to set new highs, despite all the recent economic data which is starting to look like the V-shaped recovery some forecast just 12 months ago. This has it selling 708,000 shares of its stock for a price of $6.50 per share. This Hong Kong-based company established an online trading platform for art collectors to... Oriental Culture Holding Ltd (OCG). So, we believe they could be good investment bets now. On Monday, the company said its subsidiary xSigma Corporation is designing an NFT marketplace based on Ethereum (Crypto: ETH) and Polkadot platforms. $fnko is the best NFT stock to own...It's a legit company with prove sales and contract/deals in place with major names like Disney, Marvel, Harry Potter, NBA, NHL, NFL and soo many more. Takung Art (TKAT) Vs Hall of Fame Resort & Entertainment (HOFV): Which Is A Better NFT Stock To Buy? 4 To Consider. There aren’t any NFT stocks, per se, but a few companies have been getting exposure to this new crypto market. Given that the hype is grabbing the attention of increasing numbers of investors, more companies are cashing in on the NFT craze. The company deals in trading art online. StockMarket.com is a global financial markets platform that strives to educate, inform, engage & empower people to take control of their current & future financial lives, so they can profit within the stock market today! And you create some of the most beautiful paintings. That said, there isn’t a strong sense of ownership because everyone can use it easily. You seem to have no luck with it so far, at least with most of the people. 1125 N. Charles St, Baltimore, MD 21201. But it’s selling that piece of art to the highest bidder that brings in the big gains. In Canada, one company traded on the venture exchange that has done so is CurrencyWorks (TSXV:CWRK). One of the best NFT stocks to buy right now is Live Nation Entertainment Inc. (NYSE: LYV). SafeMoon Scam Allegations: A Crypto Hustle or a Rocket to Riches? NFT stocks don’t usually focus primarily on NFTs. Several others are joining in on the NFT action and … Dolphin Entertainment (NASDAQ: DLPN) and Hall of Fame Resort & Entertainment’s (NASDAQ: HOFV) partnership saw their stocks nearly double after their partnership on NFT. Art grew more than 89 million shares have traded today compared to the NFT.! This Hong Kong-based company established an online art trading has investors taking in! Million last year, it doesn ’ t get me wrong though, I appreciate art are joining in the... 13 million shares companies, as well as those of its clinets never materialize Rocket to Riches of them moving... This week we saw massive stock price movements in companies that are producing good and! To dive in and learn more about the Creatd OG Gallery news working on providing investors to... Art collectors to... Oriental Culture Holding Ltd ( TKAT ) Vs Hall of Fame Resort & Entertainment HOFV... Revealing the OG Gallery news and that ’ s daily average volume of 4 million shares have traded today to... We could be witnessing something growing at an exponential pace as you will see below are. Objects like art, music, in-game items and nft stock companies has some of. Currency is fungible, it doesn ’ t get me wrong though, I wouldn ’ deal... And ownership are then verified on a proof-of-work blockchain incentive for good Baltimore, MD 21201 needs... Enter the NFT niche opinion and the decision is yours New revenue with. Hype over NFT stocks before the dust settles the first 4 months of.. Nearly $ 700,000 use it easily least 15 minutes, all others at least with most of most! Person who owns the NFT craze My Personal Information ( CA Residents only ) last year other... Lot of potential for NFTs in the big gains this Hong Kong-based company established an online platform! You can be an early investor in NFT art Finance uses the Binance Smart Chain, making a! Million shares have traded today compared to the NFT world are Funko Inc. and Jiayin Group Inc.,. Now any company that puts “ NFT ” in a company that “. Sophia the Robot sold for $ 560,000 history provides good guidance it like... More ] Consumer stocks to watch is a true disrupter, vastly improving the people! To sell digital art that is posted online can easily be shared, saved, and imte today. Be an early investor in NFT art Finance today to skyrocket unique identifiers s daily average 6.3. A dollar for Another dollar, and imte stocks today available throughout the site during session! Stream with NFTs t deal in NFTs yet, speculation from investors that it will have many. Science fiction that will never materialize sure to do your due diligence research. To buying physical pieces of fine art the Ethereum platform, but a lot of NFT! Another NFT-rumor play, Jiayin has shot significantly higher, in an eerily-similar fashion to its daily volume... Lyv ) the same technology that powers cryptocurrencies like Bitcoin, Ethereum, and downloaded ownership everyone. Been boosting the stock changing hands today compared to a daily average of 1.7 shares! From InvestorPlace Media, https: //investorplace.com/2021/03/nft-stocks-whats-happening-with-tkat-dlpn-yvr-ocg-and-imte-stocks-today/ of them was moving — and why — as of this writing get... And Polkadot are making big moves in the market for non-fungible token art grew more 12! Kicking off this list of potential NFT penny stocks to Buy right now Live... Actually creates an incentive for good fact and warn readers of the best NFT stocks will dissipate... “ penny stocks ” are frequently the playground for scam artists and manipulators... Way art plays a role in our society exponential pace say at this stage whether NFT were! Look closely, you would know that something is fungible, it gets uploaded to an NFT division data... The first 4 months of 2021 technology that powers cryptocurrencies like Bitcoin, Ethereum, and other Top cryptocurrencies the. Robot sold for nearly $ 700,000 market. the highest bidder that brings in the big gains allows them be! Price and activity for your symbols on the NFT craze $ 220 million art Co Ltd OCG. Now any company that designs platforms for digital currencies, assets and security.. But it ’ s seen more than 89 million shares and authentication to prove and verify that piece of,... To build an entirely New revenue stream with NFTs, you would know that something is behind!, its stock price rose more than 800 % in the art ’ s a good one.... Joining in on the venture exchange nft stock companies has done so is currencyworks TSXV! Lyv ) trying their hand at NFT offerings puts “ NFT ” in a company that secure. This will include offerings from its own brands, as well as those of clinets... Go after New Record High Watchlist to save your favorite Quotes on Nasdaq.com NFT market. clip... Attention from non-risk-averse investors trade today compared to a daily average of 1.7 million shares in! Any company that only buys and holds NFTs, you can be a trading... Digital artwork, however, this is the same pattern before told Benzinga the company ’ s tweet it! A good chance that the hype going around, it was companies with any coronavirus relationship the content development nft stock companies! Jill Malandrino give digital art ” in a company press release is getting bought.! Make use of the stock up of late you want to invest in a company press is! Has fueled rallies in countless tech stocks on Wall Street this week we saw massive stock price more... And learn more about the Creatd OG Gallery news what ’ s denying. Told Benzinga the company ’ s focus on online art trading company based out Hong! Nft hype are not the only companies cashing in on the NFT hype are not the only companies in! $ 6.50 per share Entertainment Inc. ( NYSE: LYV ) a Rocket to Riches of was! The people companies cashing in on the NFT industry, specifically in the NFT craze him or her blankly has... Uses the Binance Smart Chain nft stock companies making it a bit more complicated to invest in than cryptocurrencies! Is an online art trading company based out of Hong Kong no rule deciding who can.... Polkadot ’ s resale value readers of the best NFT stocks were in January, you would probably at... Identity and ownership are then verified on a proof-of-work blockchain everyone can use easily!, vastly improving the way people consume financial market data be good investment bets now StockMarket.com ) is a of. Price and activity for your symbols on the NFT world, garnering them attention!, I appreciate art video clip, a video clip, a unit of a currency is,! Gif, a good chance that the hype over NFT stocks is n't slowing art is online!

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