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Line Goes Up – The Problem With NFTs is a 2022 documentary film written and directed by Canadian YouTuber and video essayist Dan Olson on non-fungible tokens (NFTs), cryptocurrencies, and Web3. The video was published to his YouTube channel Folding Ideas on January 21, 2022.
By February 2021, NFTs accounted for US$25 million of revenue generated through the sale of artwork and songs as NFTs. [106] On February 28, 2021, electronic dance musician 3lau sold a collection of 33 NFTs for a total of US$ 11.7 million to commemorate the three-year anniversary of his Ultraviolet album.
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In the first three months of 2021, NFTs worth US$200 million were traded. [3] One of the earliest NFT projects, CryptoPunks, [4] has provided several of the most expensive NFTs. [5] There were some NFT-like projects or "proto NFTs" that pre-date CryptoPunks; Rare Pepes, for example, was released on Counterparty in 2014. [citation needed]
For example, imagine you purchased Ethereum for $1,000 and then spent it on NFTs worth $3,000, you’ve created a tax liability and you’ll owe tax on that transaction. (You could also create a ...
And yes, someone actually sold an NFT for over $69 million.
Non-fungible tokens (NFTs) worth $100.6 million were reported stolen in the 12 months to July 2022, according to a new report by blockchain analytics firm Elliptic.
I just don't see how this video differs at all from any other YouTube video where a guy sits at a desk and talks to the camera while playing relevant clips. Offensivename ( talk ) 16:10, 4 March 2023 (UTC) [ reply ]