Top 10 NFT Stocks that Indian Investors Should Buy Before 2023 Starts

By S G Rickman On Oct 18, 2022

Here the article enlists the top 10 NFT Stocks that Indian investors should buy before 2023 starts

NFTs, which are digital assets of value based on blockchain technology, is gaining popularity nowadays and the market surged to over 41 billion in 2021. NFT stocks can be issued by companies leveraging NFT technologies, entertainment companies, metaverse companies, NFT marketplaces, collectible companies, those drawing income from NFTs, or those funds tracking NFT indexes. Before we dive deep into trending top 10 NFT stocks, we must know some basics about NFTs.

NFTs are non-fungible digital assets of value based on a blockchain and show other real-world or virtual assets of value, like real estate, entertainment purposes, or collectibles. Each NFT holds its peculiar digital signature and thus cannot be exchanged for one other unit. NFT stocks function the same as other normal stocks for any other company listed on a public stock exchange. Companies that are public, issue them by listing their shares on a stock exchange like New York Exchange. Here investors investing in these stocks are legally guaranteed a return in profit as dividends. You might want to try your hand at investing in NFT stocks to test the investing waters. This article features the top 10 NFT stocks to buy before 2023 starts.

Dolphin Entertainment (NASDAQ: DLPN)

Dolphin Entertainment offers marketing, publicity, and content development services through its subsidiaries like 42West, The Door, and Shore Fire Media. In addition to digital services such as social media marketing and influencer marketing, the company is into crypto and NFT projects. The company announced a partnership with one of the largest US-based cryptocurrency exchanges FTX, regarding crypto. Also, it is collaborating with Hall of Fame Resort and Entertainment for NFT projects. This is among the top 10 NFT Stocks for Indian Investors.

Defiance NFT ETF (NFTZ)

New York-based Defiance launched the first ETF concentrated on NFTs in 2021. The ETF provides investors exposure to non-fungible tokens, blockchains, and cryptocurrencies. It funds in NFT marketplaces, NFT issuers like Coinbase and Playboy, crypto, and blockchain. The NFT-based ETF is specifically known as the BITA NFT and Blockchain Select Index which is used to track the performance of companies’ portfolios with exposure to NFTs, blockchain, and crypto. It is listed among the top NFT stocks for Indian investors

eBay Inc. (NASDAQ: EBAY)

Online e-commerce platform eBay (EBAY) – Get eBay Inc. Report, announced in May 2021 that it would give a start to NFT sales. On the plus side, millions of users trust the company and it offers a purchase guarantee. eBay shares hit all-time highs at the end of October 2021 after reporting earnings results exceeding expectations for five consecutive quarters. It is listed among the top NFT Stocks for Indian Investors

Cloudflare (NET)

Cloudflare is a content delivery network and DDoS mitigation company that guarantees the security and reliability of external-facing resources such as websites, APIs, and applications. It serves 32 million HTTP requests per second on average. It is considered one of the best NFT stocks for 2023.

Funko Inc (NASDAQ: FNKO)

Funko promotes pop culture lifestyle brand designs and sells unique collectibles. Its other products are toys, plush apparel, board games, housewares, accessories, and now, NFTs. The company sells its large selection of pop culture and consumer products through different websites, including Funko.com, Loungefly.com, and FunkoEurope.com. The company’s Fungo Digital Pop is an NFT marketplace for buying rare NFT collectibles and providing NNFT drops. With an account, one can buy the company’s latest limited edition NFT collectibles featuring Funko’s unique stylized figures.

Takung Art (NYSE AMERICAN:TKAT)

Takung Art is an online trading platform for art collectors and it includes paintings, precious gems, calligraphies, jewellery, and paintings. Collectors and investors can deal in this art without fear of price manipulation and forgery. The company also offers blockchain-based consulting services to companies involved in releasing NFTs. The stock, therefore, provides significant exposure to NFTs.

CurrencyWorks (OTCMKTS: CWRK)

CurrencyWorks is a company that delivers a set of services to other companies to generate and integrate blockchain technologies into their business. Apart from the full-service blockchain, the company is also invested in crypto mining through its platform called Zer00. It also operates the CurrencyWorks NFT platform for feature films and offers film NFTs from renowned artists, rare collections, and behind-the-scene footage.

ZK International (NASDAQ:ZKIN)

It is a China-based engineering company that builds and invests in modern innovative technologies. Its NFT project, named MaximNFT, is its subsidiary. They sponsor NFT events to connect leaders, influencers, developers, and NFT fans. It is considered one of the best NFT stocks for 2023.

Oriental Culture Holdings (NASDAQ:OCG)

Oriental Culture Holdings Ltd. is a leading online provider of collectibles and e-commerce artwork services. The platform allows collectors, artists, and owners to access the artwork market. It will now deal with NFTs – developing and minting cultural and artwork collections, sales, auctions, and trading through its e-commerce platforms. This involves product casting and initial offerings at auction.

DraftKings (NASDAQ: DKNG)

DraftKings is an American fantasy sports contest and sports betting company where users enter daily and weekly fantasy sports contests and get money based on their performance. The company also deals with exclusive NFTs and facilitates NFT drops from celebrities.

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