A few days ago someone allegedly paid $1.3 million for a rock. It’s not even a real rock, or a picture of a real rock. And the underlying rock contract doesn’t even follow the NFT standard, as that was established in 2018, after this contract was deployed. But it’s not about the rock, and we’re… Continue reading It’s not about the rock
Tag: NFT
Wrapping NFTs for fun and less tax
I’m sure many of us have heard of, or are familiar with, companies buying and selling property. Instead of some human owning it directly, they might own the property through a firm they set up. There are many reasons why this structure might be used, but tax is certainly one of these reasons. I’ve previously… Continue reading Wrapping NFTs for fun and less tax