Chris’ note: At Legacy Research, we’ve been pounding the table on NFTs. This emerging megatrend is all to do with digital assets. Cartoons like “Bored Apes” and other art series have taken off – some going for millions of dollars. And they’ve been getting most of the attention in the mainstream press.

But as colleague and tech expert Jeff Brown shows below, you don’t need to buy these NFTs directly to profit from them…

How much would you pay for a piece of digital art?

Some folks are paying millions to buy – and making millions to sell – non-fungible tokens, or NFTs.

For newer readers, NFTs are unique digital assets that are cryptographically secured and authenticated.

Think of them as digital collectibles. Artwork, trading cards, video clips, poems, and similar items are “tokenized” and stored on a blockchain.

And what’s happened in this space over the last year is remarkable…

Take the Bored Ape Yacht Club, for example.

It’s a series of humorous digital drawings of apes. It might sound silly… but it’s among the most valuable collections in the NFT market.

The below piece from this collection jumped from $228 at first sale to more than $560,000 at most recent sale.


This Bored Ape now goes for more than $564,000. Source:

Another Bored Ape shot from $228 to almost $3 million. And rapper Eminem recently spent about $450,000 on a Bored Ape that resembled him.

In total, tokens in this collection have generated over $1 billion in sales since their initial release.

This is just one of many NFTs selling for outrageous sums.

I know what you’re probably thinking: “This seems a little crazy. I would never spend that much on a piece of art.”

But keep in mind that rare works of physical art often sell for hundreds of thousands or even millions of dollars…

In 2017, auction house Christie’s completed the largest-ever transaction for a single artwork. Leonardo da Vinci’s painting Salvator Mundi sold for $450 million.

Now, this type of money is flowing into digital collectibles too. And I predict the NFT market will reach a $100 billion valuation this year.

The “smart money” sees this…

VC Piling In

Last year was a breakout year for NFTs.

In December alone, NFT sales topped $2 billion. That’s higher than the NFT sales volume for all of 2020, which was around $340 million.

And in all of 2021, more than $23 billion traded hands in the NFT market. That number is on track to increase exponentially this year.

What’s more, venture capital (VC) is moving in.

Andreessen Horowitz – one of the most successful VC firms in history – backed two raises for popular NFT marketplace OpenSea in the past year. The firm funneled over $123 million into the company across two funding rounds.

And in January, cryptocurrency-focused firm Paradigm led a funding round where OpenSea raised more than $300 million.

All this capital has driven OpenSea’s valuation to more than $13 billion.

Andreessen Horowitz, Google’s VC arm, and crypto-focused firms led a $250 million funding round for another NFT company last November. This company, Dapper Labs, is behind popular NFT platforms including NBA Top Shot and Cryptokitties.

Those funds have allowed Dapper Labs to launch its own equity offering as it looks to expand its sports trading platform and NFT collections.

And Kraken, one of the world’s largest digital asset exchanges, got an influx of capital from tech-focused firms such as Joint Journey. It’ll use this money to debut its own NFT marketplace this year.

This infusion of capital is adding to the momentum of NFTs right now.

And these projects are paving the way for a major inflection point in the NFT market in 2022.

But if you still don’t want to buy digital collectibles, I have some good news. You don’t have to purchase a single NFT to profit from this tech trend.

How to Profit

You can profit from this megatrend without ever buying an individual NFT by investing in blockchain projects, digital assets, and even public companies supporting and building this market.

And I’ve found three under-the-radar “NFT coins” that are the best plays for early investors in this rapidly growing market.

They’re the coins enabling folks to mint, buy, and sell these assets worldwide.

I want to show you how you could see decades’ worth of returns in as little as three months from these projects. So tomorrow at 8 p.m. ET, I’m hosting a special event all about this.

There, I’ll reveal these three coins… and gift my first-ever line of NFTs to several attendees. It’s the biggest giveaway in the history of my publications.

If you’re interested in joining me, go here to reserve your free spot.

I hope to see you there.


Jeff Brown
Editor, The Bleeding Edge