For those unfamiliar with new digital business models, NFT (non-fungible token acronym) seems confused. But in fact, its mechanism is simple: it works as a stamp that allows the user to have a digital image (photo or video) and gives them the right to have and use it anywhere.
NFTs were further discussed last year after American graphic designer Mike Winkelmann, known as Beeple, sold his artwork “Everydays: The First 5000 Days” for $ 69 million. Considered to be the most expensive ever sold, the archive is a collection of images taken over 5,000 days.
Then the tokenization sector hit it off, and news of other images sold continues to appear. Curiosity on the subject, the participation of celebrities and the presence of famous brands were some of the reasons that moved NFT more than $ 23 billion in 2021, according to DappRadar, which continues this market.
In a study released at the end of last year, the company highlighted a 12,400% increase in users on some platforms of this service compared to the previous period. The items with the games are the most popular, with prices ranging from high to low.
How does NFT trading work?
The purchase and sale of an NFT is done in a networked environment, in the same model as a virtual store. A user chooses a trading platform, publishes their NFT and is available to potential buyers in that market.
All NFT transactions are conducted in cryptocurrency, and the file may vary depending on the platform on which it is being traded. Bitcoin, Ethereum and Solana are the main payment methods for these tokens.
The seller has the option to decide how much he wants to sell the product and, if he is interested, the buyer pays and is entitled. Once owned, the new owner can save or renegotiate it at a new price.
Is NFT a good investment?
The Brazilian NFT market is still in its infancy, driven by a specific group of people, especially tech enthusiasts. However, experts point out that growth is impressive and can be a good investment strategy.
“Many NFTs value themselves. Sometimes you buy one and it is already valued within a week. So it is possible to make a profit in the short and long term, ”says Raquel Vieira, an investment analyst at Top Gaine.
However, it must be verified that it fits the risk profile of the investor. “NFT has started to appear in the market and is still an investment associated with a high level of risk,” he noted.
By 2022, DappRadar expects continued growth, especially with regard to metaferse NFTs, a technology experience that connects the real and virtual worlds. “These NFTs allow homeowners to build experiences by encouraging creativity and imagination while supporting decentralization.”
How to invest in NFT?
Cryptocurrency exchanges such as Binance and Mercado Bitcoin, as well as some markets such as OpenSea and SuperRare, offer options for NFT purchases. To do this, simply open a register, transfer funds from your bank account and purchase the file through digital intermediation. In this case, the investor will benefit from the valuation of his individual assets, depending on the demand of other users.
For those who want to bet on the sector indirectly, there are opportunities for Brazilian brokerage brokers. The Trend XP Metaverso fund, for example, has a shareholder index of 30 global companies that are somehow connected to this universe. Another option is the Coin NFT fund, Vitreo, with a minimum investment of BRL 1,000, a management fee of 0.34% per year, plus a performance fee.
There is also an NFTS11 ETF managed by Investo, an index fund listed in B3 that invests in tokens in the media and entertainment sector and repeats the performance of the MVIS Crypto Media & Entertainment Leaders Index.