Non-fungible tokens (also known as “NFTs”) are digital assets stored on a blockchain ledger in the form of art, photographs, videos, and audio recordings. 2021 will see a $25 billion influx of NFT sales from both retail investors and hedge funds. This year, celebrities and high-profile individuals began to join the crypto craze. Former Twitter CEO Jack Dorsey made $2.9 million on the NFT sale of a tweet. A collection of Eminem’s “Bored Ape” avatars sold for $450,000 at auction.
Here is Insider Monkey’s list of the 10 NFT stocks to buy according to Reddit. One of the world’s leading cybersecurity companies, WISeKey International Holding AG offers personal digital security. Industrial equipment failure can be predicted in advance thanks to the company’s billions of microchip sensors that collect massive amounts of data. Dolphin Entertainment, Inc. shares held by Redditors on November 22, 2021 are rising rapidly. A year-over-year increase in revenue of 47.08 percent to $9.40 million surpassed expectations by $562,480. Online collectibles and artwork e-commerce services are provided by Oriental Culture Holding LTD. EPS was $0.49 and revenue was $24.5 million, an 880 percent increase over the previous year. Non-fungible token products will be developed by Cinedigm Corp., the company said in a March press release. To support the company’s primary goal of providing a superior streaming and context experience for users, the CEO stated that NFT initiatives are in place. Running one of the world’s largest bitcoin mining operations, Marathon Digital Holdings, Inc. is a North American corporation. Earlier this month, the company paid $879.06 million for 78,000 Bitmain miners, which will be delivered over the course of the next year. For more details, click 10 NFT stocks to buy according to Reddit.
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