Spotlight Growth
No Result
View All Result
Saturday, February 4, 2023
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
No Result
View All Result
No Result
View All Result
Home Technology

3 Web 3.0 Stocks to Consider Before Next Bull Market Run

by admin
August 18, 2022
in Opinion, Technology
0
Web 3.0 Stocks to Consider Before Next Bull Run Spotlight Growth

Web 3.0 Stocks to Consider Before Next Bull Run Spotlight Growth

The emergence of the third generation of web technologies, or Web 3.0, means our lives are once again in the beginning stages of the next digital transformation. While the definition and capabilities of Web 3.0 are still in the early stages, early emphasis has been placed on blockchain-based technologies, decentralized applications, and the use of advanced technologies, such as machine learning and artificial intelligence, to help power the next generation of intelligent and adaptive technologies.

Popular and emerging technological concepts, such as the metaverse, non-fungible tokens (NFTs), and blockchain gaming, are largely seen as trailblazers in the world of Web 3.0. The metaverse is an interactive, virtual world in which users can interact with each other, and create landscapes, objects, and experiences. Each metaverse has its intrinsic economy and currency, which can be used to buy or sell digital real estate, items, NFTs, and more.

While a metaverse does not necessarily need to be run on the blockchain to operate, it does allow for greater access to key features such as NFTs and blockchain gaming. This allows users to earn NFTs, digital tokens, and other virtual items by engaging in interactive video games. Gamers can then exchange their NFTs or crypto tokens for cash, giving blockchain gaming the nick-name of play-to-earn (p2e) gaming.

Blockchain Gaming Continues Positive Growth Amid “Crypto Winter”

Despite the overall pain felt across the cryptocurrency markets thus far in 2022, Web 3.0 businesses have largely not only weathered the storm but continued on their growth path. According to a report by DappRadar, gaming accounted for a record 60% of blockchain activity during July 2022.

Source: eGamers.io
Source: eGamers.io

“While [decentralized finance] and overall blockchain activity have been on the downside, game Unique Active Wallets (UAW) continues to rise, reaching almost 1 million daily wallets,” noted Pedro Herrera, DappRadar’s head of research.

DappRadar found gaming and metaverse businesses to be the least affected by the Terra Luna failure. During the second quarter of 2022, blockchain games and NFT-related metaverse projects saw transaction count increases of 9.5% and 27% respectively. During the first quarter of 2022, p2e and metaverse projects hauled in $1.7 billion in private investments.

Investing in Web 3.0: 3 OTC Stocks to Watch

There are many different ways to play the emerging trends in Web 3.0. Some investors will immediately think of major metaverse world developers, such as Meta Platforms (NASDAQ: META) and Roblox (NYSE: RBLX). Others may consider companies like Nvidia (NASDAQ: NVDA) that will be key players in providing the necessary semiconductors and parts necessary to power the industry.

Another consideration is to search for small companies and startups that are building their unique games and Web 3.0 infrastructure. With the higher-risk, higher-reward option in focus, here are three OTC-listed stocks that are paving their path into Web 3.0:

Zuki, Inc. (OTC Pink: ZUKI) 

The Las Vegas-based company is on a mission to “gamify everything,” from sports and entertainment to family history and health. Zuki is focused on building the “Zukisphere,” which will be powered by innovative technologies and topics. Here is a current breakdown of the different components of the Zukisphere thus far, which has largely been powered by a strategic mergers and acquisitions strategy.

  • ZUKI.APP (USA), a crypto-fueled, play-to-earn (“P2E”) game platform designed to engage family, friends, and fans alike.
  • Delivery Drop (UK), a fast-growing, feature-rich, on-demand delivery app operating in the United Kingdom.
  • GTR24H (Denmark), a dynamic, leading European sim endurance eRacing games and eSports broadcasting platform for drivers, teams, and eSports fans with worldwide media reach.
  • Moneyball (Portugal), the first artificial intelligence (AI)- powered TV ads management platform, connecting sporting organizations, clubs, teams, and other influencers (large and small) and the brands who sponsor them with their fans and followers.
  • BillionGraves (USA), a genealogical tech play helping over 1.5 million professional genealogists and family history enthusiasts geolocate and document death and other vital graves in an elegant, simple, and highly effective way.
  • D-LIFE (USA) is AI-powered metabolic health, nutrition, and exercise app, which includes 124 AI algorithms designed to help users make great health, nutrition, and exercise decisions based on medical science.

Zuki is nearing the completion of its highly-anticipated p2e gaming platform, which will serve as the initial core of the Zukisphere. The platform will enable influencers and gamers to interact through gaming and earn prizes, such as Zuki tokens or NFTs, which can be staked on the Zuki Staking Platform to earn interest on their rewards, or redeemed for cash in their currency of choice. To learn more about Zuki, its p2e game, and the Zukisphere, please visit https://www.zuki.app.

The Web 3.0 company recently released second quarter 2022 financial results, which demonstrate the progress being made over at Zuki. Total revenues were reported at $542,073 during Q2 2022, compared to zero revenue during the same period last year. Total assets ballooned to nearly $11.36 million, while total liabilities totaled $3.59 million during the quarter.

During the second quarter of 2021, Zuki reported total assets of $918,980 and total liabilities of $780,890. In other words, Zuki’s net worth has grown from $138,090 during Q2 2021 to $7.77 million, as of June 30, 2022. That is an astounding increase of 5,527% year-over-year.

Source: triple-a.io
Source: triple-a.io

Good Gaming, Inc. (OTCQB: GMER)

Good Gaming, Inc. is a Pennsylvania-based company that is focused on developing and maintaining a portfolio of video games across a range of different platforms and genres. In 2021, the company entered into the blockchain gaming and metaverse world through its acquisition of MicroBuddies, a virtual world experience that features fun quests, contests, and competitive games. Users can earn and use GOO tokens, which are the unique currency to MicroBuddies.

In June 2022, Good Gaming announced the expansion of MicroBuddies into Roblox. This gives the company access to Roblox’s massive user base, which will open strategic avenues for Good Gaming to leverage the MicroBuddies intellectual property. Management says the official launch date for MicroBuddies on Roblox will be announced in the coming weeks.

“Our entrance into the metaverse is a significant event in the ongoing evolution of MicroBuddies,” said David Dorwart, Chairman and CEO of Good Gaming. “With its millions of daily active users globally, over half of them now over 13 years old, Roblox represents a tremendous opportunity for us to accelerate the growth of MicroBuddies through its well-established community. We believe this will be the first of many expansions of MicroBuddies onto new platforms that enable us to greatly broaden our target demographic.”

NFT Technologies, Inc. (OTC Pink: NFTFF) (NEO:NFT)

Based out of Vancouver, British Columbia, NFT Technologies is focused on developing infrastructure, assets, real estate, and intellectual property within the metaverse. In addition, the company is focused on building and generating revenue from blockchain gaming apps. The company’s current projects include the GOAT Guild and Fuku.

NFT Tech has been busy in recent weeks. The company just announced a multi-year deal with World Table Tennis, which will be focused around leveraging Web 3.0 strategies to engage its global fan base. The deal reportedly includes digital collectibles, metaverse experiences, gaming, and more. World Table Tennis has a global fan base of 519 million people and operates 50 global events per year.

In addition to World Table Tennis, NFT Tech says it has entered into similar multi-year contracts with Sony Sports, the Australian Open, and Elvis Presley Enterprises. The company has already launched its successful Australian Open NFT project, which sold out in only three minutes and generated $3 million AUD.

Disclaimer:

Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.

All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated seven hundred fifty dollars cash and two thousand five hundred dollars worth of restricted stock for the creation and dissemination of this content by Zuki.

This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management.

The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions.

Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/

Tags: appsBitcoinblockchainblockchain gamingcommon stockcryptoCryptocurrencydigital currencyemerging growthEthereumGMERGood Gaminginvestinginvesting newsinvestmentMetaMeta Platformsmetaversemetaverse newsmetaverse stocksmicrocap stocksmobileNASDAQnewsNFT stocksNFT TechnologiesNFTFFNFTsp2e gamesP2E gamingpublic companyRBLXRobloxsalesservicessmall cap companiessmall cap stockssmall capsSpotlight GrowthSpotlight Growth Stocksstock marketstocksstocks to watchtechTechnologytechnology stockstradingtrading newsWeb 3.0Web 3.0 stocksZukiZuki stock
  • Trending
  • Comments
  • Latest
Asure Software NASDAQ ASUR Human Capital Management HCM Industry Spotlight Growth

Asure Software (NASDAQ: ASUR) is Expanding to Meet the Rising Demand for Human Capital Management Software

September 27, 2022
OLB Group NASDAQ OLB Cuentas NASDAQ CUEN Partnership Fintech Spotlight Growth

OLB Group (NASDAQ: OLB) and Cuentas (NASDAQ: CUEN) Team Up to Bring Fintech Solutions to Over 32,000 Bodegas Across the United States

October 6, 2022
Siyata Mobile NASDAQ SYTA SYTAW SD7 VK7 Purchase Orders Spotlight Growth

New Purchase Orders for SD7 Rugged Device, VK7, and Other Accessories Boost Siyata Mobile’s Outlook (NASDAQ: SYTA)

December 14, 2021
Telcoin TEL Crypto Spotlight Growth

Telcoin (TEL) Quietly Leads a Crypto Remittance Revolution

June 15, 2021
Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

0
Safe-T SFET NASDAQ UN Presentation

Safe-T (NASDAQ: SFET) Has Been Selected to Present at the United Nations’ Office of Information and Communications Technology Event

0
Safe-T Group SFET Q4 FY 2020 Financial Results

Safe-T Group (NASDAQ: SFET) Reports Fourth Quarter and Full Year 2020 Financial Results

0
Safe-T Group NASDAQ SFET FY 2020 Prelim

Safe-T Group Ltd. (NASDAQ: SFET) Estimates Record-High Annual Revenues of Approximately $4.9 Million Representing ~50% Growth YoY 2020

0
Can the AI Boom Rebuild Investor Enthusiasm for Upstart Holdings NASDAQ UPST Spotlight Growth

Can the AI Boom Rebuild Investor Enthusiasm for Upstart Holdings (NASDAQ: UPST)?

February 3, 2023
Nerdy NYSE NRDY New AI Products Lesson Plan Creator Chat Tutor Spotlight Growth

Nerdy (NYSE: NRDY) Unveils New AI Tools for Lesson Plan Creation and Chat Tutoring

February 3, 2023
Elys Game Technology Corp NASDAQ ELYS Completes Acquisition of Engage IT Services Spotlight Growth

Elys Game Technology Corp (NASDAQ: ELYS) Completes Acquisition of Engage IT Services, a Software Engineering and IT Development Company

February 2, 2023
Tenax Therapeutics NASDAQ TENX US Patent Levosimendan PH-HFpEF Spotlight Growth

Tenax Therapeutics (NASDAQ: TENX) Granted U.S. Patent for IV Levosimendan for Pulmonary Hypertension with Heart Failure and Preserved Ejection Fraction (PH-HFpEF)

February 2, 2023
ADVERTISEMENT

Recent News

Can the AI Boom Rebuild Investor Enthusiasm for Upstart Holdings NASDAQ UPST Spotlight Growth

Can the AI Boom Rebuild Investor Enthusiasm for Upstart Holdings (NASDAQ: UPST)?

February 3, 2023
Nerdy NYSE NRDY New AI Products Lesson Plan Creator Chat Tutor Spotlight Growth

Nerdy (NYSE: NRDY) Unveils New AI Tools for Lesson Plan Creation and Chat Tutoring

February 3, 2023

Categories

  • Bio/Med/Pharma
  • Cannabis
  • Commodities
  • Consumer Goods
  • Crowdfunding
  • Crypto Cheat Sheets
  • Cryptocurrency
  • Earnings
  • Education
  • Entertainment
  • Financials
  • Market News
  • Opinion
  • Politics
  • Real Estate
  • Split Watch
  • Sponsored
  • Store
  • Technology
  • Uncategorized
  • Venture Capital/Private Equity (VC/PE)

Site Navigation

  • Disclosures
  • Terms Of Service
  • Privacy Policy
  • Contact Us

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

No Result
View All Result
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

Newsletter Signup

Subscribe to our weekly newsletter below and never miss the latest small/micro-cap analysis and investment news from Spotlight Growth.

Enter your email address

Thanks, I’m not interested