![]() ![]() (DKNG)ĭraftKings is a digital sports entertainment and gaming company. However, you can invest in many NFT businesses through the stock market. You need a cryptocurrency wallet in order to buy, sell or trade NFTs. That makes it a good choice to balance some of the riskier stocks in this roundup. McDonald’s wants to trademark a virtual restaurant with virtual and physical products, entertainment services like online concerts and downloadable multimedia files, video files and NFTs.Īside from its involvement in NFTs and the metaverse in general, McDonald’s is a solid blue-chip stock and dividend aristocrat. McDonald’s isn’t the first company anyone thinks of when they think “NFT stock,” but the fast-food chain already has one foot in the metaverse pending the approval of 10 trademark applications it submitted in February. The company has seen strong growth in large-customer acquisition recently and could be a solid growth stock if it can keep up the momentum. Video creators who store their videos on Cloudflare Streaming can create NFTs for their work on a platform like OpenSea, and then connect the token IDs and contact addresses with their videos. Rather, it’s a web performance and security company and a leader in the $152 billion software-as-service industry. This streaming service could be a solid investment option because it’s not an “NFT company,” per se. While not all analysts agree with the current “buy” consensus reported by Yahoo Finance, the fact that eBay continues to adapt to meet the demands of changing markets is impressive. ![]() One example is a canvas made in partnership with Kayvon Thibodeaux, a football player for the Oregon Ducks. And in June of this year, it announced it had acquired KnownOrigin, a leading NFT marketplace, in a deal that could help eBay position itself as a top site for NFT collectors.ĮBay is also cultivating its own exclusive NFTs. The company has allowed customers to buy and sell NFTs on the eBay website since May 2021. It’s also a relevant investment option because of its expertise in e-commerce. EBay (EBAY)ĮBay makes the list as one of the most well-known brands - and is, arguably, a household name. The company reported a 19% year-over-year increase in revenue in the second quarter of 2022 and has an analyst price target of about 295% above its current $2.53 share price as of Oct. It recently introduced its own NFT marketplace called FTX.US, positioning the brand as an NFT leader. Its focus on the digital realm makes it worth considering if you’re interested in NFTs, especially since it has a separate NFT division. ![]()
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