Tuesday, 26 Nov 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
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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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