Reasons To Invest in NFTLootBox

Why invest in NFTLootBox?

I thought I would write a very quick guide on investing in NFTLootbox $Loot

These are just some of the reasons I love it and why I think it’s wayyyyy undervalued.

I love making money in crypto and that is why I love gems like $LOOT but I also love the art and love the idea of #NFTs and how they are going to disrupt the market.

Listen to the genius and marketing visionary Gary Vaynerchuk talking about NFTs

https://www.youtube.com/watch?v=i9003kA_AfU

What are #NFTs

NFTs stand for Non Fungible Token

A fungible token is something like a $1 bill. It has exact same value everywhere in the US.

A Non Fungible Token is given a unique ID to distinguish it from others which means all NFTs can have different values.

Examples of NFTs

Some of the NFTs being traded on Opensea.io Marketplace:

Digital art
Domain names
Virtual worlds
Trading cards
Collectibles
Sports
Utility

Why are #NFTs Valuable?

NBA Top Shot attracted $147.8 million in sales in the last 7 days — WTF and Why?

The total value of NFT transactions quadrupled to $250 million last year

The number of digital wallets trading them almost doubled to over 222,179

NFT value framework and opportunities

Value of an NFT = Utility + Ownership History + Future Value + Liquidity Premium (Hugo Chan)

The estimated size of the global collectibles market is $370 billion

Digital Collectibles is going to be the next part of this market and becoming a main player.

Source: https://blog.hobbydb.com/2016/04/16/how-big-are-the-collectible-markets/

What is NFTLootBox?

NFTLootBox (LOOT) is a fairer and more entertaining decentralized system for farming NFTs.

Their methodology is about the distribution of NFTs through Loot Boxes, which gives all users a fair chance of obtaining valuable NFT collectibles and more.

TOKENOMICS

Total supply: 40,000

Circulating supply: 25,375

Current price: $78

Current MC: $2 Million

Similar Project: MEME

Circulating supply of 25,000

ATH price: $1,962

ATH market cap: $44 Million

Current price: $1,500

NFTLootBox 22x to reach same market cap as MEME

$LOOT is well positioned to be part of the gold rush for #NFTs with beautiful art that is selling for thousands of dollars on the Opensea marketplace.

Gamification, staking, farming all mean $LOOT is well positioned in the NFT space to grow rapidly from it’s current position.

More info on NFTLootBox

Website: https://t.co/tjYE9QvNvV?amp=1

Twitter: @NFTLootBox

Telegram: https://t.me/nftlootboxchat

Medium: https://nftlootbox.medium.com/

Buy on Uniswap: https://uniswap.exchange/swap?inputCurrency=0x7b3d36eb606f873a75a6ab68f8c999848b04f935

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Steven Aitchison

Steven Aitchison

353 Followers

Crypto lover, Author & Online trainer. Author of The Belief Principle and the Upcoming supernatural thriller The Dream Dancers. http://www.stevenaitchison.co.uk