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In the era of NFTs, how can inexperienced investors test the waters? FoxNFT may provide the answer

Author: Fuio Pongg
by Fuio Pongg
Posted: Aug 16, 2021

Nowadays NFT industry is in vogue and known widely by people. Even those who care nothing about finance and cryptocurrency have already come into contact with this concept. Under such circumstances, does a newcomer need to seize the chance to invest early?

Let us begin with the case of LV. A novice at this field bought a LV bag for his girlfriend. Another girl had the habit of browsing App store everyday for fun games. That two people were likely to notice the new NFT game released by this brand - Louis: The Game, where players had the small opportunity to gain the scarce digital artwork.

Besides LV, many other brands in real world starts to march in the industry.

As early as 2019, NIKE applied for the patent of CryptoKicks, the technology which mints the NFT of the shoes with a unique ID based on ERC-721.

The next year, NBA developed an NFT collection game named NBA Top Shot.The card series of the basketball stars card has achieved great sales.

In July, 2021, Facebook established a group to work on its Metaverse project. The aim is to shift the company’s responsibility from social media to Metaverse.

As NFT projects are easy to burst into popularity, for us common investors we may take related projects into our consideration. It does not cost much to try, but costs your arm and leg to miss.

For all newcomers the easiest way to invest is buying NFTs.

But how can we make our choices among those abundant amount of projects in the market? For those famous products like CryptoKitties, Cryptopunks and EtherRocks, the cost for the entrance is already beyond our capability. As a result, we shall put our focus on some projects of great potential.

In my opinion I think NFTs of branding assets are rather promising. Though still at its initial stage, this filed is for sure to become a trend in the future as more and more brands joining in.

Currently there is one famous brand which is launching its own NFT products on the famous platform FoxNFT.io. That is BuzzyBee, the treasure brand of New Zealand first emerged in 1930s. As the Ambassador of Culture of this country, this brand has formed a tight bond with three princes in the British Royal Family. For nearly a century, BuzzyBee has been a part of the memory of many kids. Almost every child in New Zealand owns at least one BuzzyBee toy in their childhoods, and the brand witnessed the growth of many generations. Thus, this brand has a vast and profound influence in western countries.

As for the platform responsible for releasing the product, FoxNFT.io is an one-stop platform offering all-round solutions for any brand in need. Through minting, launching and transacting NFT, the platform empowers many digital brands with its aim at establishing a good environment for the development of NFT. Before this event, this platform has launched those girl figures series of then brands that triggered the spread among users.

To conclude, great potential could be found in this industry as its lay out was just begin to form. I believe that with the support of FoxNFT.io, a powerful and technical platform, the BuzzyBee series of NFTs with a great historical background and fan base will continue to glow in the market, creating a steady stream of value and influence.

For more information please check their official websites.

Website: http://www.foxnft.io

Discord: https://discord.gg/x2G8snrcrz

Telegram: https://t.me/foxnft2021

Twitter: https://twitter.com/FOXNFT2021

Medium: https://foxnft.medium.com

About the Author

A new lover of Nft products. Here to post latest news about some products.

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Author: Fuio Pongg

Fuio Pongg

Member since: Aug 09, 2021
Published articles: 8

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