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NFTs are a tool. If they can convince regulators they are art, then they can be donated, and you can write it off on your taxes. You just need a service that pr
by runbathtime 5y ago
NFTs are a tool. If they can convince regulators they are art, then they can be donated, and you can write it off on your taxes. You just need a service that produces estimates of value.
The one good thing about NFTs is the ability to manipulate prices legally (just like they do with art), and create arbitrary value out of nothing.
If the main point of cryptos is speculation, not payments, then NFTs are a better crypto. You can better inflate them and sell them, the only problem is you need to create demand, which is harder if you are not a celeb. Better to partner with someone well known and split the profits.