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On April 20, the American toy manufacturing company Mattel announced an update to its virtual collectibles platform, which will go live on April 27. The peer-to-peer platform, called Mattel Creations Virtual Collectibles, will coincide with the Hot Wheels NFT Garage Series 5, featuring some of Hot Wheels’ most popular car
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The Internal Revenue Service said they plan to release guidance on having nonfungible tokens, or NFTs, treated as collectibles under the United States tax code.In a March 21 notice, the IRS called for feedback from the U.S. public on how NFTs could be taxed as collectibles. According to the government
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The U.S. Internal Revenue Service is considering whether to tax non-fungible tokens (NFTs) on a par with other collectibles such as stamps, works of art and fine wine, in a move likely to have an impact on those including the digital assets within their retirement plan, according to a document
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Beginning March 20, folks across the crypto industry will be able to mint nonfungible tokens (NFTs) out of Cryptox’s 2023 Top 100. Cryptox unveiled its 2023 Top 100 list of the most impactful heroes and villains in the crypto and blockchain space in February. It was published in batches throughout
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Dapper’s NBA Top Shot experienced a wild price bubble during the NFT boom. The followup NFL All Day collection has had a more modest rollout - and collectors think that's good news for the nascent hobby. Original Source
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“Half of my life ago, with my head full of computer graphics lore and visions of a satirical cyberpunk future, I sat down to write 'Snow Crash,'” Stephenson said in the press release. “Covered with hand-written edits and typesetting notes that have since been rendered obsolete by digital codes, it
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The PROOF CEO said 25 Squiggles, along with "a few other NFTs," including an Autoglyph, were stolen from his wallet. Source
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Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in value. For instance, last month, there was roughly $534 million in NFT sales compared to the $2.77 billion in NFT
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From boosting the hospitality industry to creating new experiences for music fans, brands are finding new ways to use NFTs for real-world perks. Source
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In recent times, non-fungible tokens (NFTs) and their physical counterparts have started to debut at well known retail stores and luxury boutiques. On October 4, the NFT project called Veefriends revealed that the team is launching its limited edition series of collectible characters exclusively at Macy’s and Toys”R”Us. Veefriends holds
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