Discover the NFT industry—where digital art merges with blockchain technology to transform the way individuals own and trade digital assets.
The NFT industry has a promising future. Although it’s a relatively new and unpredictable sector, it’s gaining traction rapidly. With blockchain technology, the rise of cryptocurrencies, and the demand for authenticity driving market growth, the NFT sector is changing how we value and interact with digital ownership. And despite the recent economic downturn, many VCs seek opportunities to invest in NFT projects.
With such investor interest and market potential, NFT startups have lots of options for market entry and business growth:
Some roadblocks are on the way to startup success, such as regulations and IP rights, market volatility, and funding-related issues.
Our expert team is skilled in securing NFT funding, managing M&A deals, creating solid business models and market entry strategies, and devising impeccable and visually appealing NFT pitch decks.
Explore our NFT market research to learn more about industry trends, market opportunities, funding strategies, and potential risks.
The NFT market is forecasted to see a whopping 13x growth by 2032.
The expected number of NFT users by 2027.
In 2021, around $41 billion in cryptocurrency was spent on NFTs.
Active users who sell or buy NFT on the OpenSea platform.
The revenue the Axie Infinity collection generated.
A new wave of transformation within the NFT landscape is giving rise to multiple trends:
AI: crafting unique digital artworks.
Tokenization in gaming: creating real-world value and ownership of digital assets.
NFT-powered social networks: enhancing data security and providing new monetization options.
Web3: enabling greater control over data and assets.
DAO: making it easier for more people to invest in special NFTs.
Metaverse: for creating and purchasing various permanent items.
Why it matters: space around the NFT industry is changing very fast. And it makes companies follow the constantly emerging trends to catch up with the transformative wave and stand out.
Navigating a sea of opportunities often comes with a set of challenges that need to be addressed.
IP rights of NFTs are like a philosopher’s stone: covered with uncertainty and ambiguity. It means that NFT startups may have problems with protecting their creations and preventing others from copying their items.
IP rights-related issues may lead to:
Get ready for turbulence. The NFT market is still in its onset. And it’s highly volatile.
It not only makes predicting future demand and pricing hard but also causes:
To survive in this unpredictable space:
News number one: the regulatory landscape of NFTs is still evolving. News number two: complying with all the laws and regulations may take a lot of work.
Failure to adhere to all the necessary rules may result in:
Yes, not all investors are willing to pour big money into NFT projects. And it’s not only because of the recent economic situation but also because of the industry’s risky nature.
Lack of necessary NFT funding may lead to:
To attract the vital NFT funds:
For many VCs, the NFT industry is a real magnet. It has a fast-growing market and a promise of high profit. Plus, constantly evolving market trends ensure its long-term viability.
The ease of attracting necessary funds depends on several factors: the uniqueness of your project, the strength of your business model, and the overall market situation. And even though there are abundant investing opportunities, the competition is really intense.
Our expert team usually needs two or three weeks to create an insightful and visually rich NFT pitch deck and a robust financial model. Yet, there can be situations when we need around a month to finish everything. Thus, it’d be better to negotiate the timeline individually.
Although most pitch decks have innovative NFT designs at their core, they fall short in providing substantial data to illustrate robust market prospects or address the pivotal ‘Why now?’ question. Plus, we often observe a lack of a cohesive and persuasive investment storyline. Thus, such NFT pitch decks fail to spark investor enthusiasm, prompting them to focus on more urgent and promising solutions.
The NFT market has fierce competition. Lots of top players and new industry entrants are fighting for the larger piece of the cake.
We assist investment funds in conducting comprehensive due diligence on promising NFT projects to help decide whether the opportunity is worth investing in. We also provide end-to-end fundraising support to the partner fund’s portfolio companies.
Absolutely! We provide support for your M&A objectives, whether within the NFT field or other sectors. Our services encompass everything from the initial deal search and valuations to due diligence and collaboration after the deal is completed.
Certainly! If your project aligns with such aspects as round size, team, and product, we can connect you with the most relevant NFT VCs. It’s a part of our broader investor relations package, which lines up potential investors, gets founders ready for the initial meetings, and helps forge cooperation post-deal.
Yes, we do! Our comprehensive NFT market research includes industry reports, competition analysis, etc. We use only reliable data sources to collect the most relevant information for you, such as the industry’s challenges, market trends, and competitive dynamics.
We offer comprehensive growth and fundraising assistance to newcomers in the NFT sector, guiding them seamlessly from the initial Pre-Seed phase all the way to Series C and beyond, leveraging our network and expertise to foster success and innovation at every step.
Stepping into the NFT landscape? We know the way. From end-to-end fundraising support to outsourced M&A guidance and growth blueprinting, Waveup will help you accelerate your journey to success. Drop us your email, and let's talk!
Dive deep into industry research with unparalleled depth and breadth
Equip yourself with the analysis and forecasts essential for strategic planning
Understand today’s trends and anticipate tomorrow’s shifts to ensure your business stays ahead