Why Do I Need to Know About NFTs?

Last Update: Oct. 23, 2023

Jump to the NFT Showcase here.

Thanks to Teeka Tiwari
Editor, The Palm Beach Letter, who authored the below information.

Contrary to what most people think, NFTs are not just those jpegs.

They’re the building blocks of the next generation of the internet.

Tech venture capital firm M13 estimates this new internet will be a $139.3 trillion trend.

That’s 63 times bigger than the entire crypto market. There are trillions of dollars on the line here.

And the beauty here is that you can invest directly in some of these NFT projects without having to buy any piece of digital art.

And the gains can be ridiculous.

For example, this NFT project called Decentraland jumped 6,443% in 2021 alone… enough to turn $1,000 into more than $65,000 in less than one year.

Or look at this other NFT project known as The Sandbox.

Had you invested just $1,000 at the beginning of 2021, by Thanksgiving you’d be up to more than $226,000.

Teeka Tiwari says, "I’ve never seen this kind of wealth creation before, not even with Bitcoin… which everyone knows is the fastest-moving asset in the history of financial markets."

For example, look at this other NFT project. It’s called Axie Infinity and it jumped even higher... 36,478%.  
That’s an insane 364 times your money… meaning you invest $1,000 in January… then less than a year later you’re up to more than $365,000.

Unfortunately, most people are missing out on these huge gains because they don’t understand NFTs.

Meanwhile, billionaires and the top venture capitalists in America are jumping in because they understand this will be the next generation of the internet.

For example, Mark Cuban said recently that if he had to start all over again, he’d build his entire business around NFTs. When asked about it, he said, and I quote,

“This is like the early internet days all over again. I think [NFTs] are going to be huge. This is the holy grail.”

His Shark Tank colleague Mr. Wonderful said:

“I think the NFT market is going to be absolutely huge, and I’m going to be a participant in it. I think it’s going to be bigger than Bitcoin.”

And internet entrepreneur Gary Vaynerchuk says:

“It’s the next big thing. This is going to be massive. The internet changed our lives and NFTs will do that as well.”

Teeka says,

"Look, I’ve made some pretty big calls in my career.  I picked Apple in 2003, before shares jumped as high as 56,000%.

"In 2019, I picked Square, Nvidia, and Tesla as some of my top tech plays.

"Square jumped as high as 357%. NVIDIA went even higher, 679%. And Tesla has jumped as high as an incredible 2,453%!

"And just $1,000 invested in my crypto recommendations across my research services could have grown into as much as $158,870 in Bitcoin, $367,515 in Binance, $543,440 in Ethereum, $569,482 in Terra, and more than $1.5 million in Neo.

"After delivering all these massive gains, I now believe NFTs will be the next big thing."

Most people missed out on the Bitcoin and crypto boom in recent years because they thought it was just a fad. Please don’t make the same mistake.

NFTs are not a fad. They’re simply digital property rights.

And here’s why that’s a big deal.

Our world is becoming more and more digital.

We do everything online these days. We work online, play online, watch online, talk online, exercise online and learn online more than ever before.

That’s not going to change. And that’s why NFTs will continue to boom.

NFTs work as deeds, but for digital assets. Any digital assets.

And that’s the part that most people still don’t get.

Any digital asset can be packaged as an NFT, not just digital art and collectibles.

I’m talking about movies, music, video games, and even physical assets.

It’s why Forbes wrote:

“Most of the world is non-fungible and everything that can be tokenized will be.”

We’re literally talking about the potential for trillions and trillions of dollars in disruption…

$139.3 trillion to be more precise.

----------

Thanks to Teeka again for this information.  It was excerpted from an article posted at...
www.palmbeachgroup.com

Jump to the NFT Showcase here.

.

.