2021 ends with a question: Are NFTs here to stay?
NFTs are the biggest disrupter in art this year, with artists minting, exhibiting and auctioning, and investors buying, selling and trading. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.On Nov. 14, Tezos-based nonfungible token (NFT) marketplace Hic Et Nunc — which in Latin means “here and now” — abruptly shut down. Artists became worried about their NFTs....
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PRESS RELEASE. As the first month of 2022 draws to a close, many would agree that NFTs became a brand new way of ownership of an asset on the internet space. As groundbreaking a year for NFTs as 2021 was however, it does beg the question as to what the future of this sector will be like, specifically regarding the music & entertainment sector. The year 2022 is promising us to be the year of the content creators/artists/musicians, with control over the masterpieces never going to middlemen without the original creators’ permission. Thanks to the unique features of Non-Fungible....
NFTs continue to stay a relatively cool market, but the Mint is here to keep you tuned in with a daily dose of NFTs. Each weekday, we tune in to some of the biggest stories from the day around NFTs, and a fresh take to hopefully leave you with something to chew on. Let’s dive […]
Web3 developers, institutional investors and regulators preparing to tax metaverse profits remain stable despite all the turbulence in the digital assets market. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.In 2021, nonfungible tokens became the biggest disrupter in art, with artists minting, exhibiting and auctioning them and investors buying, selling and....
The boom in Non-Fungible Tokens (NFTs) is advancing faster than ever, reaching new price and volume records in 2021: Digital artwork “Everydays — The First 5000 Days,” sold for $69 million at a Christie’s auction in March. Sales of NFTs surged 700%+ to $10.7 billion in Q3 2021 over Q2 2021. The overall value of […]
NFTs have been on a tear this year. Last month, the market saw record highs and markets like OpenSea have been experiencing unprecedented volume. The perpetual question surrounding nearly every aspect of crypto is… “so where do we go next?” Many believe that audio NFTs could be a largely untapped area to date. While “collecting […]