NFT Space is heating up and ZKIN could be a winner (FNKO, OCG, TKAT, PLBY, MAT, EBAY, NET)

Non-fungible tokens (NFTs) or digital collectibles sure did make many millionaires in 2021. The NFT industry achieved a record sales volume of more than $12 billion. Let’s take a look at some of the key players in the NFT space include Takung Art Co. Ltd. (NYSEAmerican:TKAT), PLBY Group Inc. (Nasdaq:PLBY), Oriental Culture Holding Ltd. (Nasdaq:OCG), eBay Inc. (NASDAQ:EBAY), Funko Inc (NASDAQ:FNKO), Mattel Inc (NASDAQ:MAT), Cloudflare Inc (NYSE:NET). The list continues but one stock that needs attention is ZK International Group Co Ltd (NASDAQ:ZKIN).

One of the most remarkable growth opportunities to get in gear over the past year is the non-fungible token (NFT) marketplace. However, for investors, there aren’t many choices for capital allocation to this theme as most opportunities are unattainable due to them being private enterprises.

One might (mistakenly) consider the NFT movement to be on par with the Beanie Babies fad in the 1990’s. But that would be shortsighted.

This is not a pile of disjointed collectibles strung together in a common fad of “hobbyism”. This is something much deeper: the birth of digital real estate on a substantive level – true property rights for digital goods.

For the best expression of this perspective, please consult Jesse Walden’s (Variant Fund) eloquent exploration of the coming NFT boom in his piece “NFTs Make the Internet Ownable”.

The big key for investors is to understand the value proposition in play as this revolution plays out. The amount of value that exists in the non-digital world is limited by physics. The value proposition of digital goods is theoretically unlimited. Cyberspace is infinite, while physical space is finite.

As it stands, NFTs are the only solution to this dilemma – the only way to unlock that value.

NFTs were blazing hot earlier this year after a JPEG file by the digital artist Beeple sold for $69 million at Christie’s in March. Then we saw a bit of break. But that momentum started back up in August and picked up further in September. According to CNN, monthly sales on OpenSea, the top platform for buying and selling NFTs, reached $3.4 billion in August, easily an all-time high, according to data from Dune Analytics. September became the second-best month ever in just four days, with $485 million in sales out of the gates.

Now, we are seeing the next wave of excitement take hold, and the upside for investors could be unlimited.

One of the most central stocks in the space right now is our focus today because it has established a leadership position in the NFT marketplace. However, ZKIN is much more than just an NFT play, as we will demonstrate below. The stock offers access to multiple strong growth markets with the potential to benefit from upcoming liquidity events that could unlock enormous future value.

Symbol:  ZKIN
Company: ZK International Group Co Ltd
Quote: 
http://finance.yahoo.com/q?s=ZKIN
Latest News: 
http://finance.yahoo.com/q/h?s=ZKIN+Headlines
Company Website:
https://www.zkinternationalgroup.com

 

Who is ZKIN

ZK International Group (NASDAQ:ZKIN) is a NASDAQ Listed Public Company with over $86 Million in Sales that appears to be looking at adding Value by investing in areas of the market exhibiting exponential growth potential to drive further shareholder value over the near and long term.

Our sense is that this is a company with a strong foundation of growing revenues and a dynamic and forward-looking management team that appears committed to “outside the box” thinking in a market context and model that may reward that approach.

The company has a track record of investing in top human capital and growing industries, and this appears to be precisely what the company invested in its xSigma Corporation subsidiary – ie, to develop, create, and deploy opportunities that have the potential to evolve into ground breaking opportunities.

That investment in the xSigma Lab, over just 12 months, has spun out a number of additional opportunities, including:

1) xSigma DeFi

2) xSigma Collectibles which is an NFT Platform that is now rebranded as MaximNFT, a project that can leverage the MAXIM Magazine brand.

3) xSigma Trading

4) xSigma Entertainment, which began by developing software for the online gaming industry in the xSigma Lab – which led to an opportunity to invest directly in a Company with software, know-how, experience, and market penetration. ZKIN decided to commit up to $35 million, of which $25 million has been invested to date. The opportunity here has been rebranded as MaximBet and is another project where the MAXIM brand will be leveraged.

Recent Catalysts

NFT Leadership. The company most recently announced that MaximNFT will be sponsoring NFT.NYC, the world’s leading annual NFT event. Jon Orlando, CEO of MaximNFT, joined the conference as a speaker. NFT.NYC is the NFT industry’s largest annual event, which took place in New York for three days, starting on November 1. The event connected industry leaders, influencers, developers, and fans of the NFT space.

MaximNFT is an upcoming NFT marketplace launched by xSigma in an exclusive partnership with Maxim magazine. At the conference, Jon Orlando soke about MaximNFT’s products and revealed the company’s latest developments and plans. Overall, the MaximNFT brand made a comprehensive presence at the event.

“I’m was excited to speak at the world’s leading NFT event in November, and to reveal some of our developments to its thousands of attendees. NFT.NYC is truly the number one event to be at if you’re in the NFT space. MaximNFT joined as a sponsor to get maximum exposure in front of the right audience. We lwere happy to have networked with industry leaders and all NFT enthusiasts!”

The MaximNFT platform will go live this fall with a series of NFTs for celebrities, athletes, and brands. Just recently, xSigma partnered with Maxim.com to rebrand xSigma’s Marketplace to MaximNFT. Maxim.com is a monthly men’s lifestyle magazine with over 25 years of history and a multi-million reader base spanning over 75 countries. Under the terms of the agreement, xSigma’s NFT platform will operate under the Maxim brand and be promoted by Maxim.com.

Crypto Trading Tools. The company also recently announced that the Beta Launch of its two flagship trading platforms, “xSigma Trading” for CFD trading and “xSigma Trader” for Crypto, Crypto Options and Crypto derivatives. XSigma Trading is a proprietary, robust, dynamic, interactive trading platform that focuses on CFD trading in global markets via its advanced, independent design and cutting-edge technology. Through xSigma Trading, all traders can participate in the CFD marketplace and engage in the trading of various unique products and offerings including some of the most restricted stock lists in the marketplace.

xSigma Trader is a cutting edge Crypto, Crypto Options and Crypto derivatives platform allows users to actively assess and engage in the volatile crypto currency market. The platform allows participants to diversify their crypto currency risk by using products like immediate and short-term crypto options and derivatives. xSigma Trader plans to allow the offering of a large variety of crypto currencies and a marketplace for most new crypto listings to trade.

  • The launch of our Beta Launch is timely in the crypto world as we are witnessing significant events in the crypto space:
  • Bitcoin reached a new all-time high, shooting past $68,000, while ETH broke $4,400
  • The current cryptocurrency Market Cap reached $2.5 trillion according to Coinmarketcap
  • In August open interest on bitcoin and Ether derivatives was $12.12 Billion according to cointelegraph
  • Over $100 billion in derivatives are traded on a busy day according to research of Carnegie Melon University
  • ProShares debuted on the New York Stock Exchange (NYSE) on Tuesday, and seeing trading volume of more than $1 billion on its full first day

The CEO of xSigma Trading, Arpan Sood states, “We, at xSigma, are very pleased and excited to launch the beta version of our core trading platforms at such and exciting time in the crypto space. We believe that xSigma’s trading products will lead the trading community into the future of CFDs, cryptocurrencies and derivatives trading. Our platforms encompass a wide range of products that truly allow traders at all levels to access a much larger range of equity CFDs and crypto derivatives than what is available in most platforms today. xSigma’s unique trading platforms provide traders with greater opportunities to take advantage of volatile markets while protecting themselves from market risk. Our goal is to create a unique and robust high matching platform that combines crypto derivatives & equity CFD’s all in one trading solution. These systems have been designed as a crypto and CFD trading platform for both retail and institutional clients that will adopt crypto trading, lending, options & derivatives as well as US Equity CFD’s all within one platform.”

 

 

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