By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: NFT Projects Mark a Super Year
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Crypto > Knightsbridge > NFT Projects Mark a Super Year
2021

NFT Projects Mark a Super Year

Paul Ebeling
Last updated: December 12, 2021 8:00 pm
Paul Ebeling
Share
4 Min Read
cat 3695213 12801
SHARE

#NFT #binance #DeFi #art

“Non-fungible assets are unique assets that cannot be interchanged for another of the same type because they have inherent and intangible value. Examples include real estate, derivatives, art and collectibles. Most investable assets in public and private markets are non-fungible“– Paul Ebeling

Non-fungible tokens (NFTs) are ways to record, verify and track ownership of non-fungible assets, like an official register of homeownership. Once a unique digital object is created a unique ID (hash), a token name and token symbol are ‘minted’ and given to the author. This information is stored and transferred on a blockchain, such as Ethereum.

Collins Dictionary recently announced ‘NFT’ – an abbreviation of ‘non-fungible token’ as its Y 2021 word of the year. The award captures the meteoric rise in popularity of NFTs this year. In 1-H of Y 2021, NFT sales rose to a record $2.5-B

In Summary

  • A new working paper by the IESEG School of Management in France examines the risk and return characteristics of the NFT-based startups listed on Binance.
  • It finds NFTs earn 130% on average on the 1st listing day, yield an average investment multiple of 40 over the long term, and deliver large alpha and above-average beta.
  • The author also explains why the clear-cut solutions NFTs offer will likely lead to higher trading volumes and market expansion in the future.

From the paper

The author draws data from Binance on projects that embed NFT technology as the central element of the business model, i.e., the whitepaper mentions it. In total, as of 31 August 2021, they find 20 NFT-based projects that list 22 different tokens. They categorize these into 6 groups: NFT purpose-built blockchains, NFT gaming, NFT music, NFT media, NFT DeFi and NFT other.

The largest group are NFT gaming projects, followed by DeFi. Most of these projects issue tokens that intend to facilitate the governance of the network/ Also, about half intend to converge gradually into decentralized autonomous organizations (DAOs).

According to the author

“The NFT boom of 2021 demonstrates convincingly that blockchains are able to one, solve real-life problems, two, be deployed fast and three, create value both for the users and the underlying networks.”

The bottom line

The NFT world is on a high. Even the editors at Collins Dictionary know it. But with the likes of Snoop Dogg selling unique memories, you wonder how much the speed of its rise relates to the hype. As, the digital ID that proves ownership is only as valuable as what the next person is willing to pay for it.

Given NFTs usually come without physical objects, it is hard to gauge intrinsic value. So, a heightened level of speculation will certainly influence token prices, and NFT startups are cashing in.

Fundamentally the technology is exciting.

In the art world, artists can sell their art directly and program royalties to receive in future sales.

The paper also uses the example of derivatives which were they to be replaced by NFT counterparts would be a $580-T market. Watch out for upcoming NFTs…

Have a prosperous week, Keep the Faith!

You Might Also Like

Hotels as Art Galleries in Asia

125 Public Companies Now Hold Bitcoin

Banking Apocalypse, Bitcoin’s Just the Beginning

Bitcoin at ATH, What Next?

Tokenization and the Future of Financial Markets

TAGGED:artbinanceDeFiethereumhashNFT

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   
Previous Article 200214 bitcoin mining banner Mining Cryptocurrency
Next Article coinbase triggers rallies seven Massive Altcoin Gains Had On Coinbase Listing
Buy Bitcoin

Buy Bitcoin

Latest News

Ferrari Hypersail 1 1024x682 1
Ferrari Hypersail
Ferrari Formula One Headline News Lifestyles of the RIch and Famous Living Luxury Most Popular Must Read Opinion Shayne Heffernan Shayne Heffernan Sports Top Stories July 14, 2025
Saint Francis of Assisi in Ecstasy Caravaggio c.1595
St. Francis: The Deeds You Do Today
Catholic Featured Headline News Lifestyle Lifestyles of the RIch and Famous Living Luxury Opinion Politics Shayne Heffernan July 11, 2025
photo 2025 03 03 07 22 06
InfoFi: The Latest Abomination in Crypto
Crypto Featured Headline News Shayne Heffernan on Investments July 10, 2025
czi0oawj8y561
Asia’s Growth Resilience Amid U.S. Tariffs
America Asia Asia Business Featured Headline News KXCO Politics USD July 10, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?