In this video, I will be talking about Disney and why I think it should be going into NFTs or at least looking into the possibility. Because if it doesn't, it will lose out on potentially billions of dollars in revenue. With that said, Disney is one of the stocks I will be holding forever. You can find the video below. NFT One area Disney hasn't really explored yet is the NFT space. According to DappRadar, trading in NFTs climbed to $10.7 billion in the third quarter, an increase of more than 700% from the previous quarter. Disney has arguably the best IP in the world. It has millions if not billions of fans. So why not go into the NFT space? It won't cost the company much, but it will make it hundreds of millions if not billions of dollars in the future. Marvel released a couple of NFTs this summer, with prices from $40 to $400 depending on the rarity. Whether we'll see more in the future remains unknown. But that's not all the company can do. Not just art When thinking about NFTs, most will probably think of pixelated pictures and that's about it. But I'm also talking about "virtual keys" or "virtual shares" being NFTs on the blockchain. Think of them in comparison to the various passes you can buy when going to a Disney park. Such a "key" might allow you to attend events, buy discounted merchandise, mint an NFT, and much more. The possibilities are endless with this. As a shareholder, I'll be very happy if Disney announces an NFT line or at least says it's looking into it. It's another revenue stream, and since we're moving toward web 3.0, it's a no-brainer. For the full insights, do watch the video below. *Stock prices used were the closing prices of Oct. 15, 2021. The video was published on Oct. 17, 2021. 10 stocks we like better than Walt DisneyWhen our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Walt Disney wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of September 17, 2021 Neil Rozenbaum owns shares of Walt Disney. The Motley Fool owns shares of and recommends Walt Disney. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. Source