The NFT market is in the spotlight with the total value of NFT transactions quadrupling to $250 million last year, according to a study from NonFungible and L'Atelier.
NBA Top Shot, a platform created by Dapper Labs in partnership with the National Basketball League attracted over $147.8 million in sales in February 2021 alone.
Most recently Christie’s auctioned off the record breaking Beeple NFT for a monstrous 69.3 million USD 🤯
All this to say that NFTs are here and they represent a massive investment opportunity.
Sure you can hold the individual NFT and hope its value goes up over time or you could own a piece of the underlying blockchain network.
In the case of NBA Top Shot, the $FLOW blockchain used by Dapper Labs has already climbed to gaudy 1.025 Billion market cap.
The question is whats the next great NFT blockchain gem that has the same potential or more ?
The answer is $DGCL (Digicol Token) which weighs in at a 12.5 Million Market Cap and aims to revolutionize the NFT space. Their slogan is “One Click NFT creation”. They aim to make NFT mass adoptable by making it simple and user friendly to mint NFT’s with just one click and no prior coding knowledge. As well as providing an incentivized marketplace, Defi through loans that can be collateralized by NFTs, and a world first insurance on NFTs.
Led most notably by COO Henry Joo who was directly involved with the incubation and launch of Pokémon Go in the Japanese market. As well as Andy Cheung. Founder of ACDX, the world’s first crypto derivatives exchange offering structured products, and former OKEx COO.
What gets me excited beyond the great tech and impressive team is the massive potential to leverage Henry Joo’s connection with Pokémon Go. With 1st Edition Charizard Pokémon cards being auctioned off at 200K+ what would collectors pay for a 1st edition Charizard NFT that could be minted in super rare quantities. Not to
Mention the rest of the adorable cast.
The revenue potential would be staggering. Just look at the most recent ranking of franchise value:
That and with CEO Eric Shim dropping cryptic hints such as below:
How can you not get excited? Especially with the launch of the Digicol dapp later this month!
The $DGCL token is primed for an explosion of exposure and I for one intend to be on the side of the invested.
#leofinance #DGCL #pokemon #pokemongo #crypto #investment #DYOR #notfinancialadvice #ETH #BTC