{"id":19354,"date":"2022-01-26T16:30:31","date_gmt":"2022-01-26T21:30:31","guid":{"rendered":"https:\/\/www.jeffclarktrader.com\/?p=19354"},"modified":"2022-01-26T16:30:31","modified_gmt":"2022-01-26T21:30:31","slug":"profit-from-the-nft-megatrend-without-buying-nfts","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/profit-from-the-nft-megatrend-without-buying-nfts\/","title":{"rendered":"Profit From the NFT Megatrend\u2026 Without Buying NFTs"},"content":{"rendered":"

Andrew’s note:<\/strong> In today’s essay, tech expert and editor of The Bleeding Edge<\/em> Jeff Brown discusses why NFTs are more than just the latest trend… but a valuable asset for the future. After all, over $23 billion of NFTs were sold by the end of last year.<\/p>\n

Since many people are curious about the NFT market, Jeff Brown is hosting one of his biggest giveaways tonight at 8 p.m. ET<\/a>, where you’ll have the chance to win an NFT… for free.<\/p>\n

If you want to know why Jeff thinks NFTs will be much bigger than Bitcoin and Ethereum combined, sign up right here<\/a><\/p>\n

Now, read on to learn what he says could be the most exciting trend of the decade…<\/p>\n

\n

Back in 2017, the auction house Christie’s completed what was then the largest-ever transaction for a piece of artwork.<\/p>\n

The piece in question? It was Leonardo da Vinci’s Salvator Mundi<\/em>. The piece sold for $450 million.<\/p>\n

Leonardo da Vinci’s Salvator Mundi<\/em><\/strong><\/p>\n

\"Chart\"<\/div>\n

Source: Wikimedia Commons<\/em><\/p>\n

$450 million is a steep price for a single piece of artwork. But it’s not uncommon to see prices like this when a one-of-a-kind piece goes up for sale. The art market thrives on scarcity… and it has historically been ruled by physical assets.<\/p>\n

But all that changed in 2021.<\/p>\n

We’ll remember 2021 as the start of a revolution in the art and collectibles space. That’s when extremely valuable pieces of art finally went digital<\/em>.<\/p>\n

The digital artist Beeple – also known as Mike Winkelmann – executed a historic deal for one of his own artworks. The piece? It was actually a collage of 5,000 individual artworks Beeple produced over 5,000 days. We can see it below.<\/p>\n

Everydays: The First 5,000 Days<\/strong><\/p>\n

\"Chart\"<\/div>\n

Source: Sotheby’s<\/em><\/p>\n

And the sale price? Over $69 million.<\/p>\n

This sparked a wave of investment in a special kind of tokenized asset – non-fungible tokens, or NFTs.<\/p>\n

Regular readers of The Bleeding Edge<\/em> are already caught up on this trend<\/a>. In fact, I’ve been sounding the alarm on NFTs<\/a> over the last year.<\/p>\n

For newer readers, NFTs are digital assets that are cryptographically secured and authenticated on a blockchain. We can think of these as digital collectibles.<\/p>\n

They can include video clips, individual works of art, items purchased in digital worlds… Even NFTs with physical counterparts can be linked to items inside video games and metaverses.<\/p>\n

I can guess what we’re probably thinking: This all seems a little… crazy.<\/p>\n

I understand why we might think that. But I’d encourage us to keep an open mind. Dismissing the NFT trend as a “fad” would mean passing up one of the most exciting investing trends of this decade.<\/p>\n

NFTs Are Misunderstood<\/h2>\n

In March 2021, I was a guest on Glenn Beck’s radio show. The topic was NFTs. Glenn had some great questions, and I was happy for the opportunity.<\/p>\n

From 2019 to 2020, the total volume of sales on Ethereum grew almost three-fold. By the end of 2020, NFT sales came in at about $340 million. But here’s what I told Glenn on his show back in March:<\/p>\n

\n

[NFTs] are going to have a multibillion-dollar year this year. And it’s because people see the art and collectibles market shifting from physical objects to digital assets. And each one is individual, and unique, and rare.<\/p>\n<\/blockquote>\n

I was right. The growth of NFTs went exponential in 2021.<\/p>\n

More than $4 billion of NFTs were sold during the first half of 2021. And that number soon grew to over $23 billion by the end of 2021. That’s a 6,664% increase from 2020.<\/p>\n

To my knowledge, there is no analyst who accurately predicted this type of growth. But if you’ve been reading The Bleeding Edge<\/em> over the last year, then you’re already well ahead of the curve.<\/p>\n

Just like I told Glenn back in March… this multibillion-dollar market will change the world for years to come. And it’s going to make a lot of people rich in the process.<\/p>\n

Of course, these are still very early days. But unlike the legacy art and collectibles markets… we don’t need to own any NFTs to capitalize on this megatrend.<\/p>\n

A Play on the Entire NFT Megatrend<\/h2>\n

Like I mentioned earlier, NFTs are supported by blockchain technology. And this is opening up the opportunity for us to invest in a unique group of tokens that will surge as the NFT market takes off.<\/p>\n

So tonight at 8 p.m. ET<\/a>, I’m holding a special presentation to show you how to place an early stake in an exciting class of digital tokens set to take off with this trend – NFT coins.<\/p>\n

NFT coins have already jumped high enough to turn a single $1,000 investment into $361,165, $588,532, and even $1.08 million… in as little as three months.<\/p>\n

And I’ve found three NFT coins that could hand you decades of tech gains<\/a> in a matter of months.<\/p>\n

I see the market for NFTs hitting a major inflection point from here. That’s why I don’t want you to miss out on this special presentation I’ve put together.<\/p>\n

If you’re interested in joining me, make sure you reserve your spot right here<\/a>.<\/p>\n

Regards,<\/p>\n

Jeff Brown
Editor, The Bleeding Edge<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

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