STOCKS: Ok so you heard it here first as I have been saying it since 2020, but as I mentioned earlier I do believe most if not all STOCKS will become NFTS at some point or a variation of it. So when you purchase stock of a company its typically 1 share of of 1 million shares or how many shares that are issued based on its price. Now you have common or preferred stock. Common stock gives you voting rights (typically one vote per share/stock owned) and preferred stock gives you no voting rights.

Most investors know more about common stock than they do prefered stock. The main difference is that preferred stock acts more like a bond with a set dividend and redemption price, while common stock dividends are less guaranteed and carry more risk of loss if a company fails, but there's far more potential for stock appreciation.

A NFT is simply a validated certificate of ownership of that stock now digitized on the blockchain for people to trade on 3rd party market places. Now my guess is it will become sort of like Ameritrade online still regulated but on the blockchain. This makes entering the stock market much more accessive.

So as an example a preferred stock can be a NFT because it has a set redemption price and are fixed at a specific rate based on the value of that stock which comes with the 3 top advantages. 1.) Preferred stock holders are paid before common stock holders receive dividends. 2.) Preferred shares have a higher dividend yield than common stockholders or bondholders who usually receive very low interest rates. 3.) Preferred shares have a greater claim on being repaid (NFT Certificate of ownership) than shares of common stock if a company goes bankrupt. You see with NFT's you can created different value based on the type of Certificate of ownership it has not to mention the value of it based on it being in the digital space along with the STOCK market giving it dual purpose in two different financial markets.

In fact some companies are already beginning to migrate over to the NFT space (not quite selling their stocks as NFTs but getting closer) one of them is called "Dolphin Entertainment" which is a entertainment marketing company but with a twist. They are listed on the NASDQ (NASDQ:DLPN) operating under its 3 entities "42 West, Shore Fire Media and The Door." They are setting themselves apart by starting Dolphin Digital Stuidios which helps corporate brands and individual brands launch and market their own NFTS. This is where it all starts folks.

Their first NFT was called "Playbooks" which is the NFT series for the Hall of Fame Resort and Entertainment company. DLPN has skyrocketed in April 2021 as a positive result of the NFT Hype and its shares have been performing very well since then, and its most recent financial reportings exceeded their projections.

Another one "Cloudflare Inc" (NYSE: NET) which is a tech company focused on website infastructure and online security tools. They primarily are a B2B model working with businesses as they develop their websites. Most people wouldnt look at Cloudflare and think "Hey they are an NFT company" as its primary focus is on reverse proxy services for tech companies.

However, their cloudstream platform has actually been helpful for those who want to sell NFTs online. Although this platform was originally designed for video publication, they realized how much the NFT trend has taken off and has since updated it to take advantage of this space. Once a creator has developed their NFT, they can list that NFT on Cloudflare Stream to upload it securely to the Blockchain. Pretty Brilliant! 

REAL ESTATE PROPERTY TITLES/DEEDS: Now I could be way out in left field here but coming from the real estate and mortgage industry for many years and being an advid real estate investor myself, I do forsee Real Estate Deeds if not also Title, but Deeds for sure at least being mined as NFT's once recorded and put on the blockchain to record that unique certificate of ownership. Real estate is already on the blockchain and being recorded, NFT's just give it a little more stature on the digital asset space.

Now the NFT sold would need to be re-recorded at TITLE & Escrow and then they would load the documents up as a NFT and issue your NFT which is your valid proof of ownership on the blockchain. It could also list any liens you have against the property showing the existing value, legal description and the liens listed against it. This might be easier with Title when Title and Escrow certifies their Title giving you a NFT title stating its certified and clear of any encumbrances or liens. Think about it, there are many ways these can be used. Just look at all the above. 

The future is bright when it comes to NFTs, however you may want to be very cautious about SCAMs because just with anything new, Scams will rise and take peoples money. Luckily there are forensic auditing companies such as Cyphertrace that are soley designed to go down the rabit hole of wallet IDs and track back to the scammers allowing you to press charges and potentially get your funds back. However I would still proceed with caution.

Obsidian Capital Management at this point doesnt offer NFT's of any sort and we may not, however that could change once we have a valid NFT that is a game changer that we know will drastically go up in value. However at this point its a gamble and we would rather launch our own Token to provide rebates to clients who do specific things with us creating a value in the market place with respect to our products and services. We will see, at this point we are very focused on what we are doing with the existing services we provide all while staying our course on our humanitarian mission to help as many people and reputable charities as we can.

Until the next episode, make it a prosperous day!