Welcome back to the channel everyone, so I’ve got for you today 3 single zero nft penny stocks,
for your watch lists for 2022 . NFTs are a growing trend in the music industry and Transactions using
NFTs allow audiences to participate in auctions for unique content from the artists they love.
A very recent Nasdaq article on Why the NFT Market Could Really Grow by 1,000X indicated
that digital assets which were largely worthless because they could be replicated and distributed,
without anyone knowing what the “original” digital asset was can now be validated as originals,
thereby giving those originals the same value. This authentication lays the groundwork for the
NFT market to boom over the next decade. We’re not just talking digital art. We’re talking
digital real estate. Digital toys. Digital trading cards. Digital assets in general.
So you want to make sure you watch the video till the end,
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if you enjoy it, leave me a comment on what nft penny stocks you are very bullish
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First stop is UA Multimedia (UAMM) which is currently sitting at 2.9cents per share with
a market cap of $9.8m. It is down 7.3% on the day which is a decent pull back following a decent run
lately which is still keeping it up 62% in the last 5 days. On a ytd perspective it is up 192%
but having giving up most of its gains from highs of 15cents per share which it hit in March.
UA Multimedia, Inc. is a holding company and solution provider with a focus on blockchain,
cryptocurrency, fintech, decentralized finance (DeFi), NFT and metaverse. It is also a holding
company seeking to acquire domestic and foreign entities who are in the same space. So this one
seems to be a cocktail of everything hot right now – NFT, DeFi, metaverse, crypto, blockchain.
UA Multimedia recently Expanded into DeFi and the Multi-Trillion Dollar Cryptocurrency Market
and Introduced a Decentralized Exchange (DEX).
As the announced the upcoming launch of their Decentralized Exchange (DEX).
A DEX is a decentralized permissionless cryptocurrency exchange that allows users to trade
various tokens directly without going through a middleman like those from centralized exchanges
(CEX). Centralized exchanges such as Coinbase, Binance or Kraken are owned by a central entity.
They require users to provide personal information to open an account.
Their funds are held by the company. Trades are done by listing the customers’ orders
in the orderbook and the exchange then proceeds to match buyers with sellers.
Unlike CEX, DEX similar to Uniswap uses smart contracts deployed on a blockchain.
The exchange run on a network of independent computers which execute the rules automatically.
There is no central entity controlling the user accounts,
therefore, it is not necessary to open an account. Trades are done directly from the
users’ own digital wallets thus allowing them to keep full control over their funds.
The DEX will list over 100 cryptocurrencies initially and work with a wide range of
wallets and interface to major exchanges such as Binance, Huobi, OKEx to provide liquidity.
The development of the decentralized exchange is in its final phase which will be followed
by testing. The Company expects to launch a beta version around the middle of December 21.
The Company is also working on the launch of a DEX native coin. It will be launched
and listed on at least one exchange this month with more to follow in Q1 2022.
Additional details of the exchange, development of the NFT marketplace and other crypto related
initiatives will be forthcoming. So exciting times ahead for this nft penny stock.
Next stop is Touchpoint Group Holdings (TGHI) which is now sitting at 3cents per share
with a market cap of $12m. It is down 28.7% on the day after having a good run recently
and still being up 64% in the last 5 days, so pull backs like this are very good as the
provide good entry points. Over the month, they are up 50% and ytd they are up 50%. Touchpoint is
OTCQB listed with an average of 2.1m shares traded over the last 30days and 285m shares outstanding.
Touchpoint Group Holdings, Inc. is a media and digital technology holding company.
The Company invest primarily in sports, entertainment and related technologies
that bring fans closer to celebrities. The Company identifies opportunities where they can leverage
their network of leading industry professionals around the globe to provide financial support,
qualified industry expertise and mentorship capability to their portfolio companies
with their goal of maximizing capital appreciation and shareholder value.
They announced that they plan to pursue their own non-fungible token (“NFT”) blockchain platform
with the aim of integrating the NFTs into their Touchpoint video streaming platform
for celebrities and influencers.
They say they have decided to develop their own in-house NFT solution,
which they believe provides the best opportunity to develop a highly customized solution for
their celebrity clients. NFT’s have reshaped the modern collectables industry and they are excited
to give artists this incredible opportunity to reshape their creations in the digital world.”
By using the Ethereum blockchain, these NFTs will be used to authenticate pieces of digital assets,
allowing for easy identification and added value. In recent times,
celebrities have sought out digital artists to mint their own non-fungible tokens to tokenize
everything from music to artwork, to special live experiences. So Touchpoint will integrate NFTs
into their Touchpoint Connect platform further enhancing their application that offers video live
streaming, content library and merchandising to their celebrity and influencer customers.
And the final penny stock for your watchlist is Epazz (OTC: EPAZ) which is now sitting at 0.9cents
per share with a market cap of $4.9m. It is down 19.3% in the last 5 days and also down 54% on the
month. And from a ytd perspective it is down by a staggering 77% which puts this penny stock in
deep deep value territory. But we would find out if their plans are strong enough for a turnaround
or if this is one to keep watching. Epazz is OTC Pink Current Listed with an average
of 4.9m shares traded over the last 30day period and over and 456m shares outstanding.
Epazz, Inc. specializes in enterprise cloud business process software
and blockchain mobile apps and with over 500 repeat customers. They are a leading
cloud-based software company that specializes in providing customized cloud applications
to the corporate world, higher-education institutions, and the public sector.
They announced that CryObo technology will issue Non-Fungible Tokens (NFT) for a real estate deal
in Cyprus. And The goal is for the real estate deal to access the future value of properties
once the land is developed, and buildings are constructed. This technology would allow real
estate developers to raise capital at better terms and allow the token holder to raise
appraisals of the tokens and earned income. The goal is to launch CryObo in early 2022. This
decentralized financial system would be the first real-world business backing the tokenized economy.
They also announced that CryObo will launch an Non-Fungible Tokens (NFT)
marketplace for real state deals early next year.
The company is working on completing the platform and finding initial real estate deals.
CryObo uses Non-Fungible Tokens that are linked with real assets to provide liquidity to token
holders and help real estate developers raise capital for their projects. The goal of CryObo
is for real estate deals to access the future value of properties once the land is developed and
buildings are constructed. This technology would allow real estate developers to raise capital
at better terms and allow the token holders to experience the increased value of their tokens
and earned income. So is this the future of real estate purchasing? Only time will tell.
So some very very interesting and mindblowing prospects ahead for these nft penny stocks
but only consider getting in if the price is right for you and if you fully understand the risks.
This video is not financial advice, a buy or a sell recommendation,
but is meant to bring some new and exciting penny stocks to your attention
for you to do your own research.. As always I would love to hear from you, so please let me
know your thoughts on these nft penny stocks in the comments section below and what other penny
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