3 NFT Stocks With High Growth Potential
The market for non-fungible tokens -- digital assets like art, video clips, or music that ownership identified in the blockchain -- came to life in 2021, despite some ups and downs. Three months ago, monthly sales volume of NFTs was checking in at $59.2 million. Today, that number has reached $2.6 billion, according to trading site NonFungible.
As dollars and cryptocurrencies such as Ethereum flow into NFTs, companies are trying to figure out how to capitalize. Sports leagues and players are dropping (or creating) NFTs and artists and performers are getting in on the action. So, how can investors play in the market without betting on single NFTs themselves? DraftKings (NASDAQ: DKNG), Cloudflare (NYSE: NET), and eBay (NASDAQ: EBAY) are great places to start.
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Source Fool.com
