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Author Topic: TOP NFT sales in January!  (Read 152 times)
el kaka22
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February 04, 2024, 08:09:32 PM
 #21

Art world has always been quite intertwined with money laundering and tax evasion, so it is not that difficult to see that would also go into NFT world as well. As a big rich person, you could spend 20 million dollars on buying some famous art, and show that as cost, making you pay a lot less tax, and then you can turn around and sell it to some other rich person, who will do the same, and you will find another way of losing money.

This is the eternal tax evasion system that the wealthy are using. That, and the money laundering by criminals, get crypto p2p with dirty money if you can, then make up some NFT, and then sell it a lot to a crypto address that you own, then cash that out and say you sold NFT, and suddenly you washed your money.

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February 04, 2024, 08:33:56 PM
 #22

I have read in a few articles on the internet that the NFT marketplace is where a lot of black money is invested. Looking at the list of those NFTs and the price at which they were bought makes it more convincing as to why would anyone pay so much for such an art. I have never invested in NFTs, but its hype has never faded away and a lot of money is being circulated only for trading images. After meme coin, NFTs are one of the overhyped projects that I think is in crypto.
It's true, NFTs are overhyped but that doesn't mean it's not generating good money. Non-Fungible Tokens trends for a year, more to illustrate that it have its season and chances of investors grabbing major profits become very low currently. Perhaps there are top NFTs in the system, we kick our best to become successful with these selected NFTs of our choice, always remember to hoop out when you've gathered quite reasonable amount, because none of us will wished for failed projects.

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