NFTs
IRS Includes NFTs in US Tax Language
The U.S. Internal Revenue Service (IRS) released an updated draft for its 2022 instructions for form 1040 filers that swaps the old category for "virtual currency" with broader new language on "digital assets," including an explicit recognition of NFTs. "The Hash" panel discusses the potential repercussions.
Co:Create CEO: Tokens Within a Brand's Ecosystem Are Powerful
"Tokens ... create an incredible opportunity for you to reward your most loyal members and create tiers of memberships," Co:Create CEO Tara Fung says on "First Mover" live from CoinDesk I.D.E.A.S. That's why the combination of NFTs and tokens in a given brands' ecosystem is "powerful," she adds.
Here's How FANtium Aims to Democratize Athlete Financing
"One of your success factors as a young talent becomes suddenly your access to money," says Jonathan Ludwig, CEO of NFT-based athlete investment platform FANtium. He discusses how the firm aims to solve that problem via NFTs.
