NFT News Doubles Top Pick WKEY - HOFV, DLPN, TKAT, JFIN, OCG, KBSF, ABXXF

Our top NFT pick WKEY doubled today after more great news on the digital security and NFT front. It announced the introduction of WISe.Art, a digital certificate of authenticity — a “non-fungible token” (NFT) — that lives forever on the blockchain, unchanged and unchallengeable, as proof of buyer’s ownership. This is the company's fifth NR in eight days, and second one it released during market hours, killing shorts. Even after the double, WKEY's market cap is only $390 million at close on Wednesday. This is still less than TKAT's market cap of $414 million even though WKEY clearly has the better and more important news in the NFT space and is based in Switzerland, an important financial hub and more trusted jurisdiction than China. TKAT's market cap topped out at over $800 million on this run. WKEY could do the same.

DPLN and HOFV announced a partnership and both stocks opened up strongly, but gave up most of their gains by the end of the day. Comparing this trading to the strong close on WKEY, WKEY clearly has the best momentum right now. 

In addition to TKAT dropping today, OCG and JFIN also dropped as Chinese players rumored to be in NFTs. One exception to this was KBSF, which spent the day flat, but then increased 17% after hours. KBSF has recently combined with a company that owns Luxventure, a social media platform offering cross border merchandise through online and off-line channels and luxury tourism experiences to its members. So it's a good candidate for NFT speculation. It also has only 1.6 million share float. This is four times smaller than TKAT's 6 million float, so it can really move on any rumor. 

ABXXF, Abaxx Technologies, is a blockchain technology platform in Canada setting up a commodities exchange powered by Ethereum that could be an NFT play. Like WKEY, it's also developing remote document signing services. ABXXF was up today after the CEO Josh Crumb tweeted about his contribution to NFT back in 2017/18 with a colleague and hinted at plans in the future for Abaxx. 













Disclosure: We own shares in WKEY, ABXXF, KBSF

Comments

  1. RapaporeMarch 25, 2021 at 9:30 PM

    $Hall of Fame Resort & Entertainment Company I got this shit nailed down... READ...
    1. I worked for Hilton Hotels Akron-Canton Airport many years ago.. Durning Hall of Fame Week we would Double Triple our room revenue for that week.

    2. Years later *Important note* Cleveland OH. opens the biggest casino in the state owned and operated by: Ceasars Entertainment Group. Ceasars Entertainment owns 10+hotels on the Las Vegas Strip. plus countless hotels throughout the US.

    3. I stumbled across an article written 2 years ago by: Ceasars Entertainment Group. That's who's going ro be the sports betting Ave.

    4. The 30th is launch day for all this news to break.. keeping prices low and gaining more attention in the meantime.

    5. Sports Betting,, NFT, NFL, owned by a Disneyland exc. yeah this shots gonna blow up like when Google first launched.

    Here is a screen shot to that article and link.. Its the only thing The CEO would not talk about in today's interview.. Yet he knows...

    https://www.indeonline.com/news/20190806/new-details-about-proposed-hall-of-fame-village-merger

    ReplyDelete
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