01-24-2022, 03:58 AM
NFTs as an investment opportunity along with some information.
<!-- SC_OFF --><div class="md"><p>Will the NFT market soon witness a flood of investors? Here's why I think so, and why you may want to Research if you want to stay "ahead of the curve," in the realm of technology, or invest. Followed by Information, Tips, and a few Warnings.</p> <p>• Microsoft Bets Big on the Metaverse with $68.7B Deal for Activision Blizzard. Plans to integrate NFTs</p> <p>• Walmart Files 7 US Patents Examining Potential Monetization of NFTs</p> <p>• Coinbase Teams with Mastercard to Make Buying NFTs Easy, over 1 million have signed up for the Coinbase NFT marketplace waitlist</p> <p>• Meta Will Incorporate NFTs Into Ambitious Metaverse Plans</p> <p>• Twitter Integrates NFTs With New Profile-Picture Feature (Hexagon shaped PFP)</p> <p>• Netflix asks followers what they think about NFTs in a recent tweet</p> <p>Source for the above information: Blockworks(dot)co (not .com)</p> <p>101 - With all this Hype surrounding NFTs recently, it goes to show that significant value could lie within Non-Fungible Tokens (NFTs). A few things to consider to be ready to invest are... Getting a wallet. I'd recommend MetaMask and also signing up for Coinbase followed by proving your identity to pass their KYC (know your customer) screening. Also Be aware of how there are various Networks that you can send from and receive on, with it being difficult if the transaction needs to cross a bridge to a different Network. along with the difference between a custodial wallet like Coinbase Marketplace where they hold the keys to the wallet your money lies within, and a private wallet like MetaMask or Coinbase wallet where you hold the key-phrase with the phrase being unchangeable or recoverable and therefore the only thing making you the owner of the contents in the wallet.</p> <p>411 - NFTs are more than just Digital Art. Think of it as transferrable and irreplaceable data in the form of a Crypto token. permanently stored and verifiable on a blockchain network via the tokens smart contract address. the difference being each one is different/unique unlike a crypto token, even if they were to look the same. Although in some cases the creator can choose to mint copies making them Limited and not a 1of1. The most popular Network to purchase NFTs on would be Ethereum via the OpenSea Marketplace. Along with also having the most expensive and popular collections such as BAYC and CryptoPunks. Which both are PFP (ProFilePicture) NFT collections of 10,000 similar but unique artwork/image tokens. Twitters integration is likely to fuel this popularity of using NFTs as ones Online social identity Aswell as celebrity influence which is seen in both collections... Other uses could be... a NFT standing for ownership of music, items within a video game, event tickets, publishers rights, proof of Invention. and anything else digitally transferable that two separate parties could agree stands as proof of ownership. Although some may disagree due to uncertainty when it comes down to Law.</p> <p>911 - Due to the anonymous nature of blockchain networking. Don't listen to Strangers, don't invest more than you can afford to lose, and always Keep up to date on Scams and what to watch out for, its truly a Wild Wild West Crypto-Goldrush out there, the last thing you want to do is rush onto the block, alone with a Blindfold on and a Crypto wallet/purse loaded with shiny coins; eager to learn, spend, and make new friends. I'd strongly recommend taking your time learning without asking strangers unless it's in a large Reddit community out in the open, or someone you really trust and know in the Real World. I've found it Ideal, at least until I acquired some knowledge, to remain Quiet, Observant, and Evasive. like it's Halloween night and you're out there Dealing Narcotics in a busy city amongst mostly Gangbangers and Police officers along with a lot of people in need of help, with less people out there helping compared to the amount of people out there Robbing.</p> <p>​</p> <p>My Favorite NFT collection? For many reasons is, "The Claylings" although I can no longer afford to buy one... I currently hold several crypto currency's as of typing this, which are Fantom, Ethereum, and Matic. Also, I hold no stocks and have very little knowledge on the topic.</p> <p>​</p> <p>Sorry if I offend anyone who may be tired of hearing about crypto related topics, I didn't see anything against it but also didn't notice anything about it as an investment either. I decided to post this here because I feel it could be helpful information for many in the future possibly making it more of an investment than a Gamble. Stocks Have been shown to be an Ideal way to invest and I'm not telling you to choose an alternative or saying that there's a better investment. I'm simply throwing some info out there just in case you end up exploring the idea or so much as have a conversation with someone regarding the topic and would prefer to sound knowledgeable of the now trending topic. However, there's a bit more to learn but I feel there's only so much one can absorb without feeling overwhelmed. Goodluck with your investments and have a Marvelous Night! (Or day)</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/GetLitUpYo"> /u/GetLitUpYo </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/sb4qft/nfts_as_an_investment_opportunity_along_with_some/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/sb4qft/nfts_as_an_investment_opportunity_along_with_some/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Will the NFT market soon witness a flood of investors? Here's why I think so, and why you may want to Research if you want to stay "ahead of the curve," in the realm of technology, or invest. Followed by Information, Tips, and a few Warnings.</p> <p>• Microsoft Bets Big on the Metaverse with $68.7B Deal for Activision Blizzard. Plans to integrate NFTs</p> <p>• Walmart Files 7 US Patents Examining Potential Monetization of NFTs</p> <p>• Coinbase Teams with Mastercard to Make Buying NFTs Easy, over 1 million have signed up for the Coinbase NFT marketplace waitlist</p> <p>• Meta Will Incorporate NFTs Into Ambitious Metaverse Plans</p> <p>• Twitter Integrates NFTs With New Profile-Picture Feature (Hexagon shaped PFP)</p> <p>• Netflix asks followers what they think about NFTs in a recent tweet</p> <p>Source for the above information: Blockworks(dot)co (not .com)</p> <p>101 - With all this Hype surrounding NFTs recently, it goes to show that significant value could lie within Non-Fungible Tokens (NFTs). A few things to consider to be ready to invest are... Getting a wallet. I'd recommend MetaMask and also signing up for Coinbase followed by proving your identity to pass their KYC (know your customer) screening. Also Be aware of how there are various Networks that you can send from and receive on, with it being difficult if the transaction needs to cross a bridge to a different Network. along with the difference between a custodial wallet like Coinbase Marketplace where they hold the keys to the wallet your money lies within, and a private wallet like MetaMask or Coinbase wallet where you hold the key-phrase with the phrase being unchangeable or recoverable and therefore the only thing making you the owner of the contents in the wallet.</p> <p>411 - NFTs are more than just Digital Art. Think of it as transferrable and irreplaceable data in the form of a Crypto token. permanently stored and verifiable on a blockchain network via the tokens smart contract address. the difference being each one is different/unique unlike a crypto token, even if they were to look the same. Although in some cases the creator can choose to mint copies making them Limited and not a 1of1. The most popular Network to purchase NFTs on would be Ethereum via the OpenSea Marketplace. Along with also having the most expensive and popular collections such as BAYC and CryptoPunks. Which both are PFP (ProFilePicture) NFT collections of 10,000 similar but unique artwork/image tokens. Twitters integration is likely to fuel this popularity of using NFTs as ones Online social identity Aswell as celebrity influence which is seen in both collections... Other uses could be... a NFT standing for ownership of music, items within a video game, event tickets, publishers rights, proof of Invention. and anything else digitally transferable that two separate parties could agree stands as proof of ownership. Although some may disagree due to uncertainty when it comes down to Law.</p> <p>911 - Due to the anonymous nature of blockchain networking. Don't listen to Strangers, don't invest more than you can afford to lose, and always Keep up to date on Scams and what to watch out for, its truly a Wild Wild West Crypto-Goldrush out there, the last thing you want to do is rush onto the block, alone with a Blindfold on and a Crypto wallet/purse loaded with shiny coins; eager to learn, spend, and make new friends. I'd strongly recommend taking your time learning without asking strangers unless it's in a large Reddit community out in the open, or someone you really trust and know in the Real World. I've found it Ideal, at least until I acquired some knowledge, to remain Quiet, Observant, and Evasive. like it's Halloween night and you're out there Dealing Narcotics in a busy city amongst mostly Gangbangers and Police officers along with a lot of people in need of help, with less people out there helping compared to the amount of people out there Robbing.</p> <p>​</p> <p>My Favorite NFT collection? For many reasons is, "The Claylings" although I can no longer afford to buy one... I currently hold several crypto currency's as of typing this, which are Fantom, Ethereum, and Matic. Also, I hold no stocks and have very little knowledge on the topic.</p> <p>​</p> <p>Sorry if I offend anyone who may be tired of hearing about crypto related topics, I didn't see anything against it but also didn't notice anything about it as an investment either. I decided to post this here because I feel it could be helpful information for many in the future possibly making it more of an investment than a Gamble. Stocks Have been shown to be an Ideal way to invest and I'm not telling you to choose an alternative or saying that there's a better investment. I'm simply throwing some info out there just in case you end up exploring the idea or so much as have a conversation with someone regarding the topic and would prefer to sound knowledgeable of the now trending topic. However, there's a bit more to learn but I feel there's only so much one can absorb without feeling overwhelmed. Goodluck with your investments and have a Marvelous Night! (Or day)</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/GetLitUpYo"> /u/GetLitUpYo </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/sb4qft/nfts_as_an_investment_opportunity_along_with_some/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/sb4qft/nfts_as_an_investment_opportunity_along_with_some/">[comments]</a></span>Kind Regards R