is important to keep your eyes on the pulse on where the next big opportunities may lie
ahead for 2023. And so in this video, I share with you updates on one stock which
is operating in the same space as some of the major giants like META/Facebook,
RBLX & EBAY which are vying for the trillion dollar payoff in digital ownership.
There is a lot of deep value in the markets right now but the upside potential on this
stock could be parabolic as they are seeing record revenue growth. So clearly one to have on your
watchlist. The metaverse is tipped to infiltrate every sector in some way in the coming years,
with the market opportunity estimated at over $1 trillion in yearly revenues. So with that in mind,
I share with you one interesting stocks vying for a chunk of that trillion-dollar market.
So make sure you stick around to the very end so you get the latest from this gem
about their unique technology and you also hear from their Chief Risk Officer about their trends
and opportunities you need to be aware of. And not only that, this stock is seeing significant
revenue growth even in this turbulent times, so clearly one to seriously pay attention to.
That said please drop a quick like on the video and hit the bell,
so we can get on with it with and talk about Cosmos Group Holdings Inc (OTC:
COSG ) which is now sitting at 1.7cents per share with a market cap $5.7m.
The stock is down 15% on the month presenting plenty of deep value opportunities,
when you look at their growth story where they are seeing triple digit top line growth.
And with their unique technology, which was well received in the most recent
Web 5.0 conference in Singapore, the upside opportunities with this play are significant.
So I feel once we scratch the surface on Cosmos you would be able to appreciate more of what they
represent and opportunity here. As their recent investment into the business and acquisitions
which are translating into top line growth, are certainly setting up the business up for great
things to support a much stronger valuation. So as we always aim to buy low and sell high,
there couldn’t be a better time to have Cosmos on your watchlist.
So let’s find out what Cosmos is about and what they’ve been up to which you need to be aware of.
Cosmos Group is a holding company with their main subsidiary being Coinllectibles.
Coinllectibles is the first publicly traded blockchain Fusion DOTs technology company on the
US OTC Markets, that redefines how we think about art and collectible ownership in the digital age.
So in essence, Coinllectibles applies blockchain, marketplace, metaverse and DOT technologies as
tools to disrupt and enhance, the real world collectibles industry. Coinllectibles uses DOT
technology solely to provide a legally-binding digital ownership token (DOT) to a tangible or
intangible collectible. DOTs have the power to transform our societies by providing
a pleasurable, transparent, and frictionless experience to customers from all walks of life.
A DOT here, is a proprietary DOT format developed by Coinllectibles, that provides a gold standard
of rights and title of ownership of a digital asset, securely underpinned by smart contracts
and legal documents, stored on the blockchain, that are connected to a physical asset.
So the DOTs connect the physical art collectible to the digital medium and is the first of its
kind, offering an experience and value beyond what is available in the growing DOT market.
And some of the benefits include but not limited to transparency in authenticity
related information around ownership, valuation and written and visual detail on the collectibles.
Proprietary technology in valuation verification and access, in both physical and digital form.
Their mission is to improve the overall experience in the art and collectibles sector,
by enhancing efficiency, transparency and accessibility using Fusion DOTs.
They offer a full spectrum of services to help collectors and industry players better
prepare themselves for the future. So everything from authenticating
and valuing, scanning and tagging to documenting and launching the DOTs.
They help to better protect and identify the items better and can combine any of their products and
services, to create tailored solutions, which removes complexity and unnecessary costs.
Their vision is to revolutionize the collectibles industry with
tools and strategies that bridge the physical and virtual realms.
One of our key advantages is their experienced management team, where they have a diverse and
professional management team that is efficient, productive and laser focused on their objectives.
Their teams are also engaged throughout the development process, from concept to creation,
leveraging the group’s resources to create successful outcomes.
And so building on that, they are already following through with their plans Net
Revenue Spikes 1,534% to $8 Million and Total Revenue Rises 233% to $12 Million for Cosmos
Group's 2022 Q3 as Compared to Prior Year The arts and collectibles technology was
responsible for over a majority of the revenue growth, with US$8,051,436 of net revenues during
the nine months ended September 30, 2022, as compared to US$524,868 for the same period
in 2021, representing a significant increase of approximately 1,534%. For the same period,
the total operating expense was approximately US$97.76million –
of which US$86.4million consisted of a one-time share based compensation payment in 2022 Q1.
Their inaugural Web 5.0 Conference which Held on the 1st Nov 2022 in Singapore,
concluded with Encouraging Attendance. The event saw more than 400 attendees congregating to share
and exchange ideas to seed a broader based Web 5.0 discussion between centralised (Web 2.0) and
decentralised (Web 3.0) apps and platforms. One of the highlights of the conference was
how the attendees were astonished by how their Digital Ownership Tokens (DOTs) can be playable
on autostereoscopic 3D devices. Attendees were able to appreciate the art pieces on
display in the Art Exhibits section of the conference, as well as view them on
the 3D display screen in three-dimensional formats in the Metaverse Exhibit section.
They said Coinllectibles DOTs have always been different from the rest of the companies that
deal with NFTs, in the way that they position them as an ownership token for physical art pieces.
So by incorporating technology that fuses digital experiences for physical items, this would allow
buyers of their DOTs to have a truly immersive user experience as not only will they receive the
physical art, but they will also be able to own digital copies of the art in 2D and 3D formats.
So all exciting stuff, but let’s hear from their Chief Risk Officer, Joshua Chu to help bring this
to life even more for us on their sector trends, breakthroughs and opportunities with NFTs.
What an opportunity right?
They say their work is not done and there is still a lot more projects in the pipeline. As what
is quite clear to the team is that there is a huge opportunity in the art and collectibles market.
And based on research, those markets are expected to reach US$347billion by 2030,
which is a huge opportunity. It is simply exciting when you think about how well-positioned
Coinllectibles is and serving those markets will definitely be their focus for some time.
How very exciting?? So some really interesting prospects ahead for this metaverse penny stock,
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 top penny
stocks in the comments section below and what other penny stocks are catching your eyes lately.
And If you are new to my channel, please ensure to subscribe and hit the bell so you are notified
when I upload new videos. If you would like to see more videos like this, please check out this
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Thank you so much for being here and I look forward to have you in my next video. Thank you