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Home NFT

Top 7 Companies Investing in NFTs

Roshni by Roshni
October 26, 2022
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Top 7 Companies Investing in NFTs
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Discussion about the top companies investing in NFT is crucial to know how companies are rapidly adopting NFTs as of now.

A majority of people believe the NFT wildfire that is spreading across the globe would fade slowly. But the nature inherent in NFTs and their unique value argument have been able to make them one of the key tools for defining the future.

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Top 7 Companies Investing in NFTs

1: eBay

The next top mention among those NFT stocks to consider investing in is eBay, one of the most well-known household brands. eBay has provided the capability to customers to buy as well as sell NFTs through their eBay website.

In addition, the company also purchased a renowned online marketplace for NFTs known as Known Origin in June. A different interesting aspect of eBay’s NFT projects is the development of a distinct collection of NFTs. The capacity of eBay to be able to respond to constantly changing needs of market conditions is one of its strengths.

2: Shopify

Another giant of e-commerce that has been experimenting in NFTs includes Shopify. It’s clearly one of the top tech companies that invest in NFT due to the huge number of customers.

Top 7 Companies Investing in NFTs

A recent tweet from the CEO of Shopify regarding NFTs led to an increase of 19% for the stock. But, the growth didn’t last because of speculations about the story.

However, the NFT program that is currently being tested in beta by Shopify offers some promising opportunities that investors can take advantage of in the near future. The NFT program from Shopify in its beta stage provides the possibility of selling NFTs directly from retailers.

3: McDonald’s

The most frequently used answer for “What businesses are investing in NFT?” in the food and beverage industry points to McDonald’s. McDonald’s, the fast food chain, has announced its entry into the field of NFTs by unveiling their first NFT in the month of November 2021.

McDonald’s introduced an exclusive edition of McRib NFTs to commemorate the 40th anniversary of McRib. The company had the idea to mark McRib’s return with the limited-edition McRib which was previously on the menu.

Fast food chain McRib released around 10 MCNFTs featuring a the virtual collection of art. MCNFTs symbolized the method by the way that McRib generates excitement even during a brief release and limited supply.

It’s fascinating that McDonald’s utilized NFTs to create the illusion of scarcity for a physical product. The sheer genius of an NFT-based promotions would set the standard for the coming years. Who was the lucky recipient of the limited edition MCNFTs of 10?

Only those who shared the invitation. It was surprising to note that the number of people who been retweeting the invitation was around 21,000 within a couple of hours. In the first quarter of 2022, that number was up to 93,000. So, McDonald’s definitely qualifies as one of the top firms that are investing in NFT to market right now.

4: Coca Cola

Coca Cola is one of the largest entries in NFT investment firms that have been able to tap to the NFT market in recent. The beverage brand launched their initial NFT line in 2021, and is coming out with new NFT collectibles to be released in 2022.

Coca Cola has announced 136 NFTs to commemorate Pride Month in July 2022 and a collection of brand new NFTs that will be released in the month of August celebration of International Friendship Day.

With the aid of these NFTs Coca Cola can explore new possibilities to expand its reach in the ever-changing world of metaphysics.

The soft drink maker created the first NFT collection in one “loot box” to auction off through the openSea NFT marketplace.

The profits from the sale of NFTs from Coca-Cola was donated towards the Special Olympics International. One of the most fascinating aspects of this auction is their creative integration of some iconic assets of Coca Cola into the metaverse.

5: Samsung

The top list of tech companies that invest in NFT will be rounded out by Samsung. The electronics maker announced its plans to launch NFT support into the 2022 lineup of TVs.

Samsung has emphasized the rise in the use of NFTs and the need for solutions that can adapt to the new consumer behavior and viewing patterns that are decentralized. Samsung is planning on unveiling the first NFT screen explorer for TV screens. This would also act as a market and aggregator.

Furthermore, Samsung has also planned for creators to be able to showcase their work to all of the world.

The company will also provide an opportunity to preview NFTs prior to purchasing them, so that buyers can understand their history as well as the blockchain metadata.

Additionally, Samsung has also acquired the virtual world 837X within the the Decentraland metaverse which reveals the future opportunities for Samsung to work with NFTs.

6: Formula 1

The world of Formula 1 or F1 cannot ignore the potential of NFTs at a time where brands are taking to the NFT bandwagon. There are many NFT companies to put your money into, which include a range of possibilities within the F1 sector.

Ferrari recently revealed that it is actively pursuing possibilities to enter the NFT market. There are many other F1 teams like Alfa Romeo have also made an impact in the realm of NFTs.

Alfa Romeo introduced a limited edition NFT collectible, in conjunction with Socios along with NFTs that are personally signed souvenirs of this year’s Brazilian Grand Prix in 2021.

Another F1 team that has joined the race to win NFTs are Red Bull, which launched an assortment of NFTs in conjunction in partnership with Sweet the American NFT platform.

Red Bull offers NFTs representing 3D models of cars, helmets, cards , and overalls. Additionally, McLaren has also used Sweet to launch its McLaren Racing Collective, which allows users to purchase digital components individually to build a complete vehicle.

7: Ticketmaster

Ticketmaster is also worthy of a spot in the most desirable NFT stocks to consider investing in, especially when you consider the possibility of expansion.

The best part about Ticketmaster is that it’s already an active participant in the field of NFTs. The agreement between Ticketmaster with NFL lets the platform generate NFTs with complementary value for various NFT-related games through NFTs from the Ticketmaster market for NFTs.

Ticketmaster heavily relies on the collecting aspect connected to NFTs more than other ticketing functions.

Additionally, the repute that has been earned by Ticketmaster for NFTs has also been an interesting aspect in the purchase of an NFT tickets startup. In addition, the participation of the site in NFTs is apparent in the advertisement for an upcoming NFT Product Manager.

Ticketmaster has just released an advertisement for an additional product manager to oversee NFT ticketing tools.

The leading companies investing in NFT illustrates the fact that these tokens can determine the future. Brands like Burger King and McDonald’s are using NFTs to change their strategies for marketing.

Businesses like Adidas use NFTs to create customers with new experiences. On the other side, tech companies such as Jiayin Group, Samsung, and CyberMiles intend to bring the latest advancements in NFT technology.

The widespread utilization of NFTs has also brought about enormous levels of competition the way brands can use non-fungible tokens.

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