How to reduce your taxes by buying NFT

  • OpenSea — the world’s first and largest digital marketplace for crypto collectibles and non-fungible tokens. It launched in 2017 with $2 million in start-up funding. The company recently raised an additional $23 million in April 2021 with the help of the venture capital fund of Andreessen Horowitz
  • Rarible — another large marketplace for all sorts of NFTs, similar to OpenSea. All kinds of art, videos, collectibles, and music can be bought, sold, or created on the platform. The company has partnered with some notable companies
  • SuperRare — also building a marketplace for digital creators. The site includes art, videos, and 3D images, but collectors can purchase artwork using Ethereum
  • Foundation — Since the marketplace’s launch in early 2021, it has sold more than $100 million of NFTs. Artists are invited to the platform by the Foundation community, and buyers simply need a crypto wallet funded with Ethereum to start making purchases
  • Axie — Axie Marketplace is the online shop for the video game Axie Infinity. Axies are mythical creatures that can be bought and trained and then pitted against other players’ Axies to earn rewards.

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