No, the PSG stars are not crazy. Behind this huge acquisition, there is a fully emerging market that has already conquered big brands such as Zuckerberg, Adidas and Nike, and can bring amazing valuations
Last week, a move by Neymar caught the news: the soccer star spent R$6 million on "photos" of boring monkeys. The news comes after the ace changed his Twitter avatar and posted a tweet saying "I am an ape" ("I am a monkey" in Portuguese). We know that money is not a problem for Neymar, but does he need to spend 6 million to have a new avatar?
Despite what it looks like from a distance, Neymar didn't spend $6 million on a mere image. The monkeys are actually exclusive NFTs for the Bored Ape Yacht Club. More than just avatars, the monkeys are "membership cards" for the club, which includes not only PSG stars, but also host Jimmy Fallon, singer Justin Bieber and rapper Eminem. Believe it or not: behind these illustrations, there is a multi-million dollar market on the rise.
But calm down, if you still don't understand this NFT story, follow me and I'll explain why so many people are betting on this new business and how you can do the same without having to have a Neymar bank account.
NFT over there, NFT over here: after all, what does that mean?
If you've been following economic and technology news, you've heard a lot about NFT in recent months. The conversation has been so hot that Collins Dictionary chose NFT as its word of the year for 2021. And we're seeing "fever" not only in the papers, but in the marketplace as well. According to DappRadar, NFT sales reach $25 billion in 2021.
To explain it once and for all: NFT (irreplaceable token, Portuguese translation) is like a digital certificate of authenticity that cannot be replicated.
Think of the NFT as a work of art. You can buy a replica of the Mona Lisa from any street vendor, but Leonardo da Vinci's original is owned by the Louvre. The same goes for Neymar's "monkey". You can now go to Google and download the same image that the player bought, but the original ownership is his.
In this new environment, almost anything can become an NFT: artwork, music, game items, emojis, photos, and even social media posts. Jack Dorsey, the founder of Twitter, sold the NFT of his first tweet for $2.9 million. Even Wikipedia became an NFT, with the first edition of the online encyclopedia being auctioned off for $750,000.
Truth be told, the NFTs market is so lucrative that Neymar has even bought monkeys "on the cheap". Last March, American artist Beeple's all-digital Every Day: The First 5,000 Days sold for $69.3 million at Christie's, one of the world's most important art institutions.
I know it seems strange to pay for digital work, but consider that until a few years ago, it also seemed strange to buy airline tickets online, pay for streaming services and send instant messages online. Digital is already our present and will be the future.
In the next Internet era, the so-called Web 3.0, NFT and cryptocurrencies will play an important role. Don't think this is such a distant future. The transition is already underway. The year 2021 is very important for the ecosystem of digital assets, whose institutional acceptance continues to grow to the point where the country of El Salvador has adopted Bitcoin as its official currency.
Looking at the entire context of cryptocurrencies and the increasingly rapid digitization of the economy, it's no exaggeration to say that we are at a favorable time to position ourselves in the NFT market (click here to learn how).
13,479% worth of "gaming money"? Learn how to pursue profits with NFT without playing video games
In addition to art markets, NFTs have a very important application in video games that follow the dynamics of game earning: they represent items that can be traded and exchanged for tokens in the game environment, such as certain characters, powers or costumes. Games (these are real money games).
This has created a secondary market that attracts participants and investors interested only in profits. Take a look at the appreciation of these gaming-related tokens between February and November 2021.
- SAND, from The Sandbox Games: 8.362%
- AXS, from the game Axie Infinity: 13.479%
- MANA, from Decentraland Games: 2.993%
It seems crazy that "small games" are making so much money, but that's the reality of the digital world. While past returns are no guarantee of future gains, it seems that those who have not positioned themselves are leaving money on the table and may just watch NFT form a new generation of millionaires.
And I can already tell you that you don't need to play any type of video game to put yourself in touch with such huge profits. There's a more practical way that doesn't require any gaming skills (not to mention Neymar's bank account).
On February 21 at 7 pm, cryptocurrency analyst Vinícius Bazan will present what he considers to be the most promising opportunity in the NFT space for you to seek gains as soon as possible. On that day, Bazan will disclose one of his pledges completely free of charge: the possibility of converting R$5,000 into assets of up to R$1 million.
There is more: the analyst will also reveal how to buy your own NFT without having to pay R$ 6 million as Neymar did.
Want to discover NFT assets that can earn you millionaire profits? Click here to add to the list of interest
Valuations in this market tend to happen very suddenly, so the sooner you invest, the more likely you are to catch the best assets before they are discovered by the public.
On the floor of the carriage, the NFT fever does not go unnoticed, because there are many "big shots" involved ……
NFTs have conquered big brands like Mark Zuckerberg, Adidas and Nike
Currently, NFT seems to be limited to games and millionaire artwork, but the trend is for them to become more mainstream and permanently integrated into people's lives. The "future of NFT" will not be long in coming if we rely on big brands and technology companies.
Check out the recent action at
Zuckerberg doesn't want to be left out of the party and doesn't want his competitors to gain too much power.
Headline says Facebook and Instagram created platforms to trade and sell NFTs. Source: Your Money, Jan. 20, 2022.
Footwear giant Nike also wanted to make its presence felt in the digital world through NFT, and made a strategic acquisition to do so.
Nike acquires NFT startup to launch digital footwear in the virtual world, headlines say. Source: Exame, Dec. 14, 2021.
Its main competitor, Adidas, does not want to be left behind and is already profiting from this market.
Headline says the Adidas partnership sold R$250 million of NFTs in three days. Source: Exame, December 21, 2021.
One last example: Twitter announced the possibility of using the NFT as a profile picture. Interestingly, this announcement came shortly after Neymar made a replica of his NFT as an account avatar. After Mohawk, the soccer star seems to have started a trend ……
Headline says Twitter has introduced the ability to allow NFT profile pictures. Source: Folha de São Paulo, January 21, 2022.
Don't miss the "party" with Zuckerberg, Adidas, Nike and Twitter: learn how to profit from NFT here
Advance tickets for the NFT "Party"
Despite the growing popularity of NFT in the media and the fact that the world's largest companies are applying heavily to the space, few people are actually investing in the market. Many people are just watching and not taking advantage of the opportunity to make a profit. Unfortunately, these are the ones who stop making money.
Think of it this way: investing in NFT now is like investing in companies like Amazon and Google in the 1990s. No one thought online shopping would be the future of retail, and no one would give up the phone book and the encyclopedia to search for all Information. On the Web. Back then, investing in Amazon and Google also seemed like the stuff of rabid nerds. No one foresaw the radical transformation these companies would bring to our daily lives.
The same thing is happening with NFTs right now. It's a strange concept that still hasn't caught on, but it's possible that in a few years, these irreplaceable tokens will be integrated into our lives and phrases like "I bought an NFT" will be as common as "I found it on Google" or "I want Amazon".
Now you are faced with the opportunity to expose yourself to a revolutionary technology that has created millionaires around the world and attracted the attention of corporations, soccer players and other celebrities.
Therefore, if you want to position yourself in advance, I recommend that you register through this link to access the content of the NFT that analyst Vinícius Bazan will offer on February 21 at 7 pm. On the same day, he will announce the first asset on the list, which has the potential to transform R$ 5,000 into a profit of up to R$ 1 million.
I am extending this invitation because I want you to learn more about NFT through the words of an expert. You will be able to clear all your doubts about the subject and then make a decision to invest or not to invest.
When you know more about the huge potential of this market, you will understand that Neymar is not crazy to spend R$6 million for the "image" of a monkey.
I wanted to learn more about the profit potential of NFT and understand the next promising pledge for the industry
Disclaimer: This article is for information purposes only and does not constitute investment advice or an offer to invest. CriptoFácil is not responsible for any of the content, products or services mentioned herein.