Friday, 29 Mar 2024

TechScape: the taxman is starting to take notice of the NFT gold rush

TechScape: the taxman is starting to take notice of the NFT gold rush


TechScape: the taxman is starting to take notice of the NFT gold rush

When world war three comes, the nuclear bombs drop out of the sky and humanity is wiped from the Earth, two things will remain: cockroaches and NFTs.

Monkey business

And it is a gold rush. In 2020, blockchain market research company Chainalysis recorded $106m of NFT trades in 2020. A year later, that was $44.2bn.

Money for nothing?

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