NFT Investors Dump Cratered Tokens In Tax Write-Off Marketplaces - Bloomberg Tax

NFT Investors Dump Cratered Tokens In Tax Write-Off Marketplaces – Bloomberg Tax

Thousands of financiers with almost pointless nonfungible symbols, or NFTs, hurried to tax-loss-harvesting industries throughout the last days of in 2014, discarding their when expensive electronic antiques to counter gains somewhere else in their profiles.

That developed a possibility for at the very least 2 on-line systems introduced to do something counterproductive– produce liquidity for possessions that are, deliberately, illiquid, and also nonfungible. While the majority of mark