If there was a single word to summarize 2022, it would be “NFT”. NFTs were everywhere last year and whilst many investors are still skeptical, NFT-driven tokens such as Blur (BLUR) and Stacks (STX) are still benefiting from the hype. However, this is nothing when compared to the hype behind newcomer TMS Network (TMSN).
So, what’s so special about Blur (BLUR) and Stacks (STX) that they are thriving regardless of growing skepticism over NFTs, and more importantly, why is TMS Network (TMSN) an even stronger investment? Read on to find out the scoop!
Whilst most NFT providers have experienced the impact of negative NFT market sentiment, this hasn’t been the case for NFT marketplaces such as Blur (BLUR). Blur (BLUR) provides an all-in-one NFT hub for investors, leveraging a streamlined protocol to offer speeds and gas fees that are quicker and cheaper than competitors. The marketplace has experienced a lot of hype recently, including a $1 billion valuation, and a huge airdrop partnership with Tensor.
There’s no denying that Blur (BLUR) faces competition from a huge array of NFT marketplaces, alongside a general negative NFT market sentiment. However, the constant news stories coming out of Blur (BLUR) show that the marketplace is up to the challenge of fighting for market dominance.
Stacks (STX) is a layer-2 token for the Bitcoin (BTC) blockchain, designed specifically to make Bitcoin (BTC) transactions more efficient, interoperable, and affordable. This has put Stacks (STX) in a great position within the NFT market as Bitcoin (BTC) has recently released its “Ordinals” NFTs. Bitcoin (BTC) has often been neglected in the world of NFTs due to its rigid infrastructure and inefficiency, but Stacks (STX) demonstrates great potential to change this.
Bitcoin (BTC) is the biggest player in crypto so despite negative NFT market sentiment, Ordinals are building huge hype and this will play out perfectly for Stacks (STX). As a result, Stacks’ (STX) coverage in NFT news stories has been huge in the first few months of 2023, and this shows no signs of slowing down.
TMS Network (TMSN)
Unlike Blur (BLUR) and Stacks (STX) which specialize in facilitating NFT trading, TMS Network (TMSN) focuses on providing a traditional investment platform. However, ‘traditional’ is a term that should be used loosely when describing TMS Network (TMSN) – the platform is highly innovative, empowering investors to trade crypto, FX, equities, CFDs, and other derivatives within a single unified platform.
Along with a democratic voting system, competitively low fees, a huge range of educational content, and even AI trading bots, TMS Network (TMSN) is shaping up to dominate the investment platform market in 2023. By focussing on crypto and derivatives, TMS Network (TMSN) has managed to avoid any negative NFT sentiment, leading to it selling out its initial presale at a valuation of $0.025 and raising a total of $2.5 million to date.
Overall, the NFT market is not looking as bullish as it was last year, but this shouldn’t be a problem for market leaders such as Blur (BLUR) and Stacks (STX). However, platforms such as TMS Network (TMSN) are undeniably more reliable and trustworthy to investors, so despite Blur (BLUR) and Stacks (STX) growing in value, they won’t match the skyrocketing value of TMS Network (TMSN) in 2023.
Collecting NFTs and investing in tokens such as Blur (BLUR) and Stacks (STX) will certainly be worthwhile in 2023, but investors should counteract any potential losses with a more tried-and-tested offering such as that of TMS Network (TMSN). Don’t wait around too long though – TMS Network (TMSN) sold out its first presale stage rapidly, and there’s no reason to assume that the second stage won’t do the same!
Follow the links below for more information on TMS Network’s (TMSN) second phase of presale: