NFT stocks have been on the rise in recent years, and 2022 is shaping up to be a big year for the industry. This is mainly because NFTs are on the rise. Many experts believe that they will become a standard in the online gaming and e-commerce industries within the next few years.
As more and more businesses adopt NFTs, NFT stocks are sure to rise. These stocks are a great way to invest in the future of the internet.
What are NFTs
Before we look at NFT stocks, let’s quickly go over what NFTs are. NFTs are non-fungible tokens. They are digital assets that are stored on a Blockchain. This makes them very secure and tamper-proof.
First coined in 2014, these digital assets have grown to become a major force in the crypto world. This is thanks to their unique properties. They are interchangeable, meaning they can be used to represent anything that can be stored digitally.
NFTs can represent anything including:
- Art
- Tweets
- Music
- Videos
- In-game items
- And more!
What makes NFTs so special is that they are unique. Unlike fiat currency or other digital assets, they cannot be replicated. This means that they are a great way to store value.
Their fungibility also makes them very useful. This means that they can be easily traded and exchanged for other assets.
Best NFT Tokens to Buy in 2022
Now that you know what NFTs are, let’s look at some of the best NFT stocks to buy in 2022.
eBay (EBAY)
eBay is one of the leading e-commerce platforms in the world. It’s also one of the first major platforms to embrace NFTs.
The company announced that it would start accepting NFTs in early 2021. This move was a major boost for the industry. It showed that big businesses were taking NFTs seriously.
As a renowned player in the market, eBay provides NFT enthusiasts with a trusted and easy-to-use platform to buy and sell their assets.
The company is also working on making it easier for users to find NFTs. One of its major NFTS is a canvas made in partnership with Kayvon Thibodeaux.
eBay’s continuous efforts to support the NFT industry will make it easy for users to buy and sell NFTs.
Cloudflare (NET)
Cloudflare is one of the most respected names in the software-as-a-service industry. The company provides security and performance solutions to some of the biggest names on the internet.
In early 2021, Cloudflare announced that it was launching its own NFT marketplace. The move was a major boost for the industry. It showed that big businesses were taking NFTs seriously.
Buying Cloudflare NFT stocks will give you a chance to invest in one of the most trusted names in the industry. This means that your investment will be secure and you can expect great returns.
What’s more, the company has a lot of experience in launching new products and services. This means that it is well-positioned to launch successful NFT projects.
CyberMiles (CMT)
This is a public blockchain that is specifically designed for e-commerce. It was one of the pioneer solutions to permit commercial transactions for Ethereum’s public chain DPOS consensus. This means that this platform can handle a very large number of transactions.
The company has its own native currency, which is called the CyberMiles Token (CMT). This token can be used to pay for goods and services on the platform.
What’s more, CMT can also be used to fuel smart contracts. This makes it a very versatile currency. Buying NFT stocks from CyberMiles will give you a chance to invest in a company that is at the forefront in ensuring the success of NFTs. This makes it a very good investment for the long term.
Dapper Labs (FLOW)
Dapper Labs is the company behind some of the most popular games in the world, including CryptoKitties and NBA Top Shot. The company has a lot of experience in developing blockchain games, which means it’s a reputable, reliable, and trustworthy player in the NFT space.
Dapper Labs is also behind the Flow blockchain. This is a scalable and user-friendly blockchain that is specifically designed for games. It can handle a very large number of transactions, which makes it perfect for gaming applications.
The company has its own native currency, which is called the Dapper Token (FLOW). You can use this token to buy and sell NFTs on the Flow blockchain.
Nike (NASDAQ: NKE)
Nike is one of the top NFT stocks to buy in 2022. The company has been working on NFTs for a while now, and it looks like they are finally ready to release their products.
Nike has already released a few NFT products, such as digital sneakers and virtual reality experiences. And they have plans to release even more in the future.
As one of the market leaders in shoe manufacturing, Nike is in a great position to capitalize on the NFT craze. And with their already strong brand and large customer base, they are sure to be successful. This is the main reason why you need to consider Nike when looking to buy NFT tokens in 2022.
Dolphin Entertainment Inc (NASDAQ: DLPN)
Dolphin Entertainment is a content creation company that is looking to get involved in the NFT space. The company has already created a few NFTs, and they are planning on releasing more in the future.
This company started making waves in the cryptocurrency market when it announced collaborations with FTX.US, one of the largest cryptocurrency exchanges.
Also, it got into a partnership with Hall of Fame Resort and Entertainment, a sports and entertainment company. This partnership will help Dolphin create even more NFTs in the future.
Jiayin Group (NASDAQ: JFIN)
This Shanghai-based fintech company connects investors with borrowers. This facilitates security and transparency in the lending process and has earned Jiayin a good reputation in the industry.
This company announced plans to purchase a 95% stake in Bweenet Network Technology Company, the company behind the manufacture of microchips used in crypto mining. There is speculation that the purchase is part of Jiayin’s plans to get involved in the NFT space.
This is a company to watch out for in 2022 as it looks to make a big splash in the world of NFTs.
Apple (NASDAQ: AAPL)
When buying NFT stocks, it is advisable to consider companies that have a lot of experience in the digital space. And there is no company more experienced than Apple.
Apple is one of the leading tech companies in the world. It is behind some of the most futuristic products, such as the iPhone and the iPad.
The company has also been working on NFTs for a while now. In fact, they were one of the first companies to release an NFT product, which was a digital version of the Apple logo.
Even though apple Apple blocked apps that were storing or displaying NFTs in 2021, it was quick to change its stance. In fact, the CEO of the company, Tim Cook revealed that he owned NFTs himself. This means that the tech giant is getting ready to enter the NFT space in a big way.
Twitter Inc (NASDAQ: TWTR)
Twitter is one of the most popular social media platforms in the world. It boasts billions of users worldwide.
Twitter and NFTs go hand in hand. The founder of the platform, Jack Dorsey, is a big fan of NFTs. In fact, he has even auctioned off his first tweet as an NFT for a whopping $2.9 billion. Consequently, the company announced plans to release 140 pieces of digital art.
What makes Twitter one of the best NFT stocks to buy is the fact that it has a lot of experience in the digital space. This means that it will be able to successfully navigate the world of NFTs.
Cinedigm (NASDAQ: CIDM)
This is a New York-based entertainment company. It is involved in the production, distribution, and marketing of films and TV shows.
This company is proactive when it comes to NFTs. In 2021, it launched Fandor Selects. This is an NFT-based platform that allows users to buy, sell, or rent films and TV shows.
Buying NFT stocks from Cinedigm is a good idea because the company is already ahead of the curve when it comes to NFTs. It is clear that they are planning on being a major player in the space.
Key Takeaways
- NFT stocks seem to be on the rise and 2022 will definitely be the year to invest in them.
- The NFTs are interchangeable, meaning they can be used to represent anything that can be stored digitally.
- Many mainstream corporations like Nike and Apple are jumping on the bandwagon.
- Besides those, there are some hidden gems that are worth your attention, like Chinese fintech company Jiayin Group and US-based entertainment company Cinedigm.
Final Thoughts
Buying NFT stocks is a great way to invest in the future of the digital world. It helps you get involved in an industry that is growing at a rapid pace.
However, never buy NFT tokens from the first company you come across. The companies outlined above are some of the best in 2022. They not only have a lot of experience in the digital space but are also leaders in their respective industries.
This means that they are well-positioned to take advantage of the growth of the NFT industry. As such, they should be at the top of your list when buying NFT stocks.
Remember, you don’t have to choose one company. You can spread your investment across several companies to diversify your portfolio.
This will help you mitigate risks and maximize returns in the long run. Pick Tezro app to buy and trade your NFT assets safely.