Listen, I’m bullish on NFTs. Like I’ve said in my last few posts, I think they’re the future and more than just art…
NFTs have utility.
They’re different from crypto or other digital assets because they can offer real-world uses, perks, and benefits.
NFTs might seem a bit new and out there … but that’s what people thought about bitcoin and crypto a few years ago.
People didn’t understand it. So they ignored it. And it cost them thousands or even millions in lost opportunities.
I don’t want that to happen to you. That’s why I’m sharing all this NFT information.
Because NFTs have the potential for unlimited uses. Check out some of the perks and benefits NFT holders get below. But first…
Be one of the first to own a Tim Sykes limited-edition NFT! Find out how here!
BAYC
The Bored Ape Yacht Club is a popular NFT collection. Yuga Labs, the creators of BAYC, launched the collection in April last year. Each Ape started around $190. But after a popular NFT trader tweeted about them, they sold out in a few hours.
Then secondary sales started picking up…
Celebrities like Jimmy Fallon and Paris Hilton bought Bored Apes. Even billionaire investor Mark Cuban owns one…
Now, a BAYC NFT will run you around $300,000 or more.
But why are people willing to spend so much on what appears to just be a picture of an ape?
The NFT’s utility.
As I said before, NFTs are more than just art. In BAYC’s case, it’s like an exclusive club.
Members get access to:
- Commercial usage rights and can profit from designing and selling merch of their apes.
- Exclusive access to new product launches air dropped right into existing BAYC owners’ wallets.
- Access to future community updates and games.
Here’s an example of a real-world NFT perk…
ApeCoin is the newly adopted crypto coin for the BAYC ecosystem. And before it was publicly traded, Yuga Labs airdropped coins into BAYC holders’ wallets — for FREE!
When the coin started trading around $20, some people sold and made thousands overnight. Just because they owned a BAYC NFT.
Now BAYC creators are working on a gaming and metaverse project. They recently raised $450 million to “build a media empire around NFTs.” They plan to launch a play-to-earn game later this year.
Like NFTs, I’m bullish on the metaverse…
And if you want to buy anything in the metaverse — avatars, clothes, shoes, or even land — it’s an NFT…
Decentraland
Decentraland is a 3D metaverse built on the Ethereum blockchain. You can buy everything you need for the metaverse on Decentraland’s marketplace with Mana cryptocurrency…
When Decentraland first started selling virtual real estate, it sold parcels for about $20. Now, they sell for $6,000–$100,000.
Metaverse land sales topped $500 million last year. And according to some investors and analysts, that number could double this year. Trading metaverse land NFTs could offer potential opportunities…
But those are just a few of the potential uses for NFTs. It doesn’t even cover the real-world benefits of NFTs — like restaurant clubs, exclusive access to company perks and merch, or access to future events and conferences.
Speaking of conferences, I’ve heard that Tim Sykes could bring back his Trader and Investor Summit soon…
And since he’s getting in on NFTs, his event could be available exclusively to NFT holders…
Don’t miss this. Get the full scoop NOW. Plus, learn how to snag your very own Sykes NFT here!
Have an amazing Money Monday, and I’ll see you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade