Troika (TRKA) combining NFT's and Luxury

[UNSUBSCRIBE]( NASDAQ: TRKA (TROIKA MEDIA GROUP) TRKA has become the FIRST publicly-traded company to use the Bitcoin ledger to secure its non-fungible tokens (NFTs) backed by luxury brands! Greetings All, One of the biggest headlines in February was that fashion powerhouse Luis Vuitton would be raising its prices... On the heels of luxury giant Chanel raising its own prices not once, but THREE times in the last couple of years, today's alert is one to pay close attention to. Especially as buzz words like blockchain and NFTs continue to heat up on Wall Street.... With clients that already include Apple, Hulu, Riot Games, Belvedere Vodka, Unilever, UFC, Peloton, CNN, HBO, ESPN, Wynn Resorts and Casinos, Tiffany & Co., IMAX, Netflix, Sony AND Coca-Cola, this emerging blockchain company is one that needs to be high on your radar! The company is called Troika Media Group The ticker symbol is NASDAQ: TRKA [( This is the age of blockchain technology and a time when the word NFT, or "Non-fungible token" is quickly spreading like wildfire on the internet... Innovators are talking about it all over social media and investors are combing through WalL Street looking for NFT unicorns.. TRKA is an emerging company trading on the NASDAQ that could soon get noticed in this fast-growing arena! Troika Media Group (NASDAQ: TRKA) is an end-to-end brand solutions company that creates both near-term and long-term value for global brands in entertainment, sports and consumer products. Applying emerging technology, data science, and world-class creative, the company helps brands deepen engagement with audiences and fans throughout the consumer journey and builds brand equity. TRKA had big news last week, announcing that through its subsidiary Troika IO, it has become the first publicly-traded company to use the Bitcoin ledger to secure its non-fungible tokens (NFTs) backed by luxury brands! (Link to news: [( With more fashion and luxury brands looking to capitalize on NFTs and crypto offerings, Troika IO will provide a new way for brands to list luxury assets tied to NFTs using a familiar asset such as Bitcoin. You may read and hear about inflation, but luxury demand has been staggering. Brands like Gucci, Hermès, and Louis Vuitton are even opening new stores and strengthening their online presence. Prada sales also bounced back sharply in 2021 as pent-up demand for luxury handbags and clothes helped push revenues above pre-pandemic levels. (Source: [( Reuters reported this month that Louis Vuitton will raise prices due to rising costs. The company's parent company, LVMH had reported record-breaking financial results for Q4, with revenues reaching $73 billion on organic growth of 36% over 2020 and 14% compared to 2019 and profit from recurring operations at $19.5 billion that doubled over 2020 and rose 49% over 2019. (Source: [( It's safe to say that luxury is very much wanted by consumers and they are willing to pay for it... Troika’s NFT marketplace, Redeeem NFT, serves as a marketplace for luxury asset-backed NFTs and lists a number of rare luxury goods including handbags and wallets, shoes and accessories, and collectable art pieces. Troika’s marketplace makes it easy for first time NFT purchasers to buy NFTs and accepts familiar payment options including credit/debit cards, giftcards, ACH payments or wire transfers. NFTs can also be purchased using cryptocurrency including Bitcoin and a number of supported stablecoins and altcoins. No wallet is needed to purchase the NFTs, allowing for a more user-friendly experience. Owners of these asset-backed NFTs have the option to sell their NFT on the Redeeem NFT marketplace, gift it to a friend, withdraw to any private wallet, or burn it and redeem the physical item from a secure vault. Asset-backed NFTs are verified physical items stored in a secure vault. Each item is represented by a series of NFTs that delineate ownership of the physical item and users can choose to redeem the NFT for the physical item at any time, which will be delivered locally by a secure service. Since its launch, Troika.IO has worked with a popular consignment company to authenticate and integrate major luxury fashion brands to its exchange in 2022. “One of our goals at Troika IO is to demystify and simplify the NFT world for the general market. One way we’re doing that is by bridging the digital and physical divide with our physically-backed NFTs,” said Kyle Hill, President, Head of Crypto, Troika IO. “Integrating with Stacks has been instrumental in accelerating interest and adoption from the mainstream market, considering that many people are automatically familiar with Bitcoin.”\ TRKA is far from some start up.... the company recently announced incredible second quarter financial results. Revenue increased 57.1% quarter-over-quarter to $6.99 million and the company expects to continue strong revenue growth in FY 2022 as well. “Our second-quarter performance closes out a strong first half of the fiscal year with robust organic revenue growth of 57%,” said Robert Machinist, Troika’s Chairman and CEO. “We have now reported revenue growth in excess of 78% for the first six months of fiscal year 2022 as compared to the same period in 2021, and with the actions we have taken over the last two years, we are even better positioned for growth. Our formula for success firmly resides with the efforts of our people across Troika, working together to deliver the best client outcomes in a rapidly evolving market. TRKA's clients already include premiere global brands across a variety of verticals, including Entertainment, Luxury, Sports, Gaming/Esports, Fashion, Beverage, Telco, Healthcare, Pharmaceutical, Tech, and Leisure. Just look at some of these big brands: [Image]( The NFT sector is rapidly growing and TRKA is aiming to make a big name for itself in the space. The NFT market may seem complicated for outsiders. Using blockchain technology for non-fungible tokens (NFTs) may sound like a strange concept, but they have increased interest over the last year. NFTs give fans a new way to connect with the players, teams, and brands they love. By creating a new generation of fan memorabilia and experiences to be collected, coveted, traded and shared, they fulfill deep-rooted needs that live inside fans and give brands a way to help fuel that fandom in their audience. TRKA's and Troika IO’s expertise in NFTs and Fandom make an ideal partner for engaging the next generation of fans. Did you know that the number of NFT art sales surpassed 1.5 million in a single month in 2021? Or that the most valuable NFT is worth more than $91.8 million? (Source: [( According to NFT statistics, there are between 15,000 and 50,000 NFT sales a week and Nonfungible.com surpassed a value of $2 billion in 2021! (Source: [( TRKA's latest news could quickly capture Wall Street's attention and you're reading about it ahead of the crowd! Hurry and start your own research to discover why TRKA is one of the top undiscovered stocks to be watching on the NASDAQ right now! Copyright 2022 © TopStockTips.com is owned and operated by TopStockTips Ltd. [Disclaimer and Privacy]( For more Information please contact Support@TopStockTips.com Company Address: Rua Frei Tome de Jesus, n18, 1dto., 1700-215 Lisboa, Portugal. This website provides information about the stock market and other investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for informational purposes only. 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