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Mid-Morning Market Update: Markets Open Lower; FedEx Beats Q3 Estimates

Mid-Morning Market Update: Markets Open Lower; FedEx Beats Q3 Estimates
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2 Penny Stocks Soar Over 100% On NFT Speculation | FinancialContent Business Page

Amazon (AMZN), Google (GOOG) - NFT Platform Announced By ZK International s XSigma: What Investors Should Know

One of the hottest stories of 2021 has been the rise of NFTs. Also known as non-fungible-tokens, NFTs are the latest growth area of the cryptocurrency market. One publicly traded company announced a new platform for NFTs to push its cryptocurrency growth objective. What Happened: XSigma, a wholly-owned subsidiary of ZK International Group Co. Ltd (NASDAQ:ZKIN), announced plans to launch a NFT platform. The platform will use the Ethereum and Polkadot blockchains. The NFT platform from xSigma will allow users to buy and sell NFTs and also the ability to create their own custom NFTs in a few clicks, according to the company. XSigma lists the NFT market size as $1.3 billion in 2021. The platform is expected to launch in the third quarter of 2021.

4 NFT Stocks Moving On The Blockchain-Based Investment Trend

Non-fungible tokens are dominating headlines, yet even many advanced investors are not familiar with the new investable asset class. Fungible Vs. Non-Fungible: NFTs simply refer to a unique digital item that people can buy and sell with each other. Some of the more common NFTs in 2021 include collectibles and digital art.  Taking a step back, it is important to talk about what exactly constitutes a fungible asset. Strictly speaking, a fungible asset or item is something that can easily be replaced with another identical item. Bitcoin (Crypto: BTC) is one example of a fungible asset. If you have one bitcoin and sell it today, another bitcoin can be bought back the next day.

ZK International s Subsidiary, xSigma Eneters Non-Fungible-Token Market Projected at $1 3 billion in 2021 as it Announces the Launch of its NFT Platform on Ethereum and Polkadot Blockchains

ZK International s Subsidiary, xSigma Eneters Non-Fungible-Token Market Projected at $1 3 billion in 2021 as it Announces the Launch of its NFT Platform on Ethereum and Polkadot Blockchains
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