Due to the growing popularity, investors from both the retail and hedge fund industries poured money into NFTs this year, with sales surpassing $25 billion. The increased interest in the metaverse has also aided the excitement around blockchain, Crypto, and NFT. A lot of prominent organizations are now participating in the NFT frenzy.

In simple terms, NFT stock means the shares of an organization that is involved in the creation, hosting, or sale of NFTs. Popular organizations such as Pokemon, NFL, Fan Controlled Football, NBA, Spiderman, etc are already developing NFTs. If investors include equities in their portfolios early on, they may reap significant profits. There are a number of platforms for buying and trading NFTs, like OpenSea, Rarible, VeeFriends, Crypto.com, and so on. We have listed some of the important and best NFT stocks you can purchase in 2022. 

Also read: Top 5 Crypto Influencers To Follow In 2022

        1.Cloudflare (NET)

Cyber security firm "Cloudflare” is headquartered in San Francisco, California, and as a part of NFTs, it offers infrastructure and security. This firm has earned a return of over 1000 percent after its IPO. Its market capitalization exceeds $61 billion.

        2.Nike (NASDAQ: NKE)

Nike's participation on this list strengthens its reputation and future prospects. It has demonstrated a desire to investigate the NFT market, acquiring a first-mover advantage, based on its reputation and levels of operation. Nike submitted a patent in December 2019 for a novel method of tokenizing unique sneakers. Every new shoe purchased will be documented using blockchain technology.

        3.Dolphin (DLPN)

The company manages entertainment marketing and premium content. It is the parent company of four subsidiaries: 42West, Fire Media, The Door and Shore, and Viewpoint Creative. Its emphasis on the digital arena comes as a surprise to investors interested in NFTs, especially given that it has a distinct NFT division. It has just launched its own NFT marketplace, FTX-US, positioning the brand as an NFT leader.

        4.Twitter (TWTR)

Twitter is one of the key social media platforms highly involved in the NFT area. According to a source, it has formed a team dedicated only to the development of NFTs. This social media platform has a market capitalization of more than $36 billion and has returned more than 150 percent to its stockholders over the last five years. 

Also read: Top 5 Crypto Predictions For 2022

        5.Funko Inc. (NASDAQ: FNKO)

This firm was established in 2017. In the last 4-5 years, it has been proactive in getting itself known. Funko, via brands such as Funk Pop! Collection is one of the leading makers of licensed pop culture collectibles. It mainly relies on licensing and agreements with producers and creators of TV series, movies, video games, and other popular kinds of content from other platforms. While Funko is generally known for tangible collectibles and figurines, the business is excited to make a big splash in the NFT arena.

        6.eBay (EBAY)

eBay tops the list as the most well-known brand and is undoubtedly a household name. Because of its e-commerce competence, eBay is a viable investment opportunity. Early in 2021, the firm revealed the option to purchase and sell NFTs on the eBay website. It is taking this endeavor a step further by developing its own proprietary NFTs. For instance, an NFT is a canvas which is created in collaboration with an International football player. It is amazing that eBay continues to adapt to shifting market needs.

        7.DraftKings (DKNG)

DraftKings is one of the most popular sports betting stocks on the market right now. They are in the midst of developing NFTs for athletes and sports. This organization's market capitalization exceeds $14 billion and its stock has dropped by more than 40% in the last three months, making it an appealing investment.

        8.Jiayin Group (NASDAQ: JFIN)

The Jiayin Group is a Shanghai-based Fintech platform that specializes in NFTs. The platform of this organization connects investors with borrowers, allowing for a transparent and secure transaction between those who want to lend money and those who need to borrow money. Although the firm has not yet made any formal announcements, its entry into the Crypto realm appears to be a foregone conclusion, making it an addition to our list of NFT stocks.

Also read: Top 15 Ways To Make Money With Crypto

        9.CyberMiles (CMT)

On Ethereum's DPOS consensus chain, CyberMiles was the first public blockchain platform to be approved for commercial transactions. Currently, the CyberMiles network acts as a model for other blockchain systems to follow. CyberMiles was ready to support the buying, selling, and trading of NFTs four years after the initial NFT. In addition, it was the first platform to organize an NFT auction.

        10.PLBY Group (PLBY)

The PLBY Group, which owns the legendary "Playboy" brand, has announced a collaboration with Miami Beach Art Collection to display NFT artwork. This firm has a market value of more than $1.5 billion and has produced a return of more than 280 percent year to date (YTD).

        The Bottomline

The NFT business has seen rapid expansion that shows no signs of diminishing. The cryptocurrency and NFT markets are so optimistic that any list of the best NFT stocks to purchase may also be a list of the best stocks to buy overall. To put this in context, OpenSea, the largest token marketplace, witnessed sales volumes of $3.4 billion in August alone. This demonstrates the possibilities of the digital NFT ecosystem.

Disclaimer - The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice.