Learn why you Should invest in NFTs!

invest in NFTs


Since non-fungible tokens are unique and on the blockchain, the industries that will adopt them the quickest will be those that trade on their brand's value.

Unique Sneakers, Louis Vuitton bags, or other pieces of clothing are the first items I would point to, especially since some of the luxurious brands are fighting counterfeit goods. NFTs can prove ownership and most importantly authenticity of such a good.

The Metaverse is a $1T opportunity after users increase 10x: Grayscale report.

Crypto investment giant Grayscale has published a bullish report on metaverses, estimating that the “market opportunity” for bringing the metaverse to the mainstream may be worth over $1 trillion in the next few years.

The Metaverse

Crypto cloud economies are the next emerging market investment frontier and the Metaverse is at the forefront of this Web 3.0 internet evolution. The Metaverse is a set of interconnected, experiential, 3D virtual worlds where people located anywhere can socialize in real-time to form a persistent, user-owned, internet economy spanning the digital and physical worlds.

Illustrative Evolution of Web Communities

Web 1.0 - Netscape connected us online

Web 2.0 - Facebook connected us into online communities

Web 3.0 - Decentraland connected us into a community-owned virtual world

evolution of web


Source: grayscale.com

The Metaverse is still emerging, but many key components have started to take shape and are revolutionizing everything from e-commerce to media & entertainment, and even real estate. Our Grayscale Decentraland Report and Decentraland Tour make this concept more tangible by introducing one of the leading blockchain-based virtual worlds—Decentraland.

Projects like Decentraland are creating an open-world metaverse where users can log in to play games, earn MANA (the native token of Decentraland, with which users can purchase NFTs, including LAND or collectibles, and vote on economy governance), or create NFTs, giving them real world interoperability for the value of their time spent in-game.

The potential of this internet evolution has started to attract Web 2.0 companies like Facebook, which is shifting to a Metaverse company and is changing its name to “Meta”. At this inflection point, other leading Web 2.0 tech companies will likely need to start exploring the Metaverse to stay competitive, and the spotlight has prompted a new wave of investment in this emerging crypto category.

Play to Earn

Crypto-based play-to-earn games like Axie Infinity (AXS) are paving the way for unbanked people in some countries in South East Asia to bypass dealing with banks altogether, and instead rely on their play-to-earn accounts, panelists at a discussion about blockchain gaming in South East Asia said.

Top Play to Earn tokens by Market Capitalization

play to earn tokens


Source: coinmarketcap.com

Blockchain Games

Study: 58% of video game developers are already using blockchain.

Commissioned by blockchain platform Stratis and undertaken by insight agency Opinion, the new research surveyed 197 video game developers in the United States and the United Kingdom.

The results showed that 58% of developers are beginning to use blockchain technology, and almost half of the respondents (47%) started incorporating nonfungible tokens (NFT).

How to Invest in NFTs?

Please read my previous article here: Invest in The Sandbox SAND.


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