• Intersection
  • Posts
  • 3 web3 company stocks that will go through the roof.

3 web3 company stocks that will go through the roof.

Here are a few suggestions of stocks anyone can buy and which I believe will reach new heights in the near future, and why.

Web3 is very much on investors’ radars, even if we haven’t yet felt it’s impact in most day to day activities. But it WILL be bigger than the web2.0 social movement driven by Myspace, Facebook, Instagram, YouTube et all. It fundamentally changes the architecture of the web, and there are many companies who have been actively investing in this for a long time.

Here are a few suggestions of stocks anyone can buy and which I believe will reach new heights in the near future, and why.

But to be clear, this post absolutely does not constitute financial advice of any sort, it simply portrays where I am investing myself with a long term strategy.

But of course, “in the long run we will all be dead” as JM Keynes aptly put it.

COINBASE

What is it? Coinbase is an American publicly traded company that operates a cryptocurrency exchange platform.

My two cents: Coinbase was an early mover into the space, and shattered a massive market entry barrier: they accept FIAT currency so users can purchase crypto tokens / currencies. This has bought them massive trust from the public.

The public perception of cryptocurrencies is… iffy. And Coinbase’s market value is directly influenced by them, as has become clear from the “crypto winter” we have just experienced and by the recent pretty grey earnings call. There will be more choppy waters ahead, but in the long run Coinbase will be standing tall.

Stock Tracker: here

NVIDIA

What is it? NVidia is technology company known for designing and manufacturing graphics processing units (GPUs).

My two cents: These guys are known for being the processors behind Crypto mining. They are literally building the eco system, beside being a popular gaming processor, trailblazers in artificial intelligence and machine learning.


And their street cred is well up there – try asking any developer you know in the web3 arena.

Stock Tracker: here

BLOCK

What is it? formerly Square, INC, Block is Jack Dorsey‘s venture, a conglomerate which owns Square (payment platform), Cash App(transfers), Afterpay (buy now pay later), Weebly (web hosting) and Tidal(subscription based music / podcast / video streaming).

My two cents: Some of these services are pretty solid and many are / were early movers in the space. Add that to Jack Dorsey’s leadership and overall market credibility (this guy can do no wrong..!) and the outcome will be there.

I think these guys will be nothing less than the leaders of the Defi revolution.

Stock Tracker: here