Data Arena: Round 2 results are in!
🥇 Team Water 🌊 5,509 correct
🥈 Team Fire 🔥 4,714 correct
🥉 Team Earth 🏔️ 970 correct
Water crushed it this week with the most answered questions overall, taking the lead back from Fire team last week.
Great job everyone! 👏
This week individual points weren't dictated by a percentage of team winnings, but rather your direct effort = your direct reward.
Stay tuned as we test out new approaches each with with Data Arena 🫡
A dream came true!
I am finally part of the Arf gang
The universe delivers exactly what you want when you know exactly what you want.
Let's follow each other gang
@sappyseals
I want to share some positive vibes today so I have picked up this 4 pieces off my floor to giveaway 🎁
- Follow @guillustration 🐘
- RT ✨
- Leave your #Tezos wallet in comment ✍️
*please don't tag anyone else
Minting for Grails II is open, and I'm giving away my mint pass so one person can join the fun.
Let me know which artwork you would mint, and what you love about it + include your ETH address.
I'll give away the pass on August 18. Choose wisely!
https://t.co/y1IYXCkUhq
✨🌊A D R I F T✨🌊
"The waves bring gifts.
After a powerful storm, a giant whale lies dead on the beach, elevated on craggy rocks. A crowd gathers around the mountain of flesh...
🕯️🌊🕯️
https://t.co/oJLnnrcFam
@JamesJeanArt#AdriftNFT#FragmentsNFT
(1/5)
@irida_eth@leemhoffman@mdudas No firm IRS guidance yet but typically it would be reported as the USD amount when you make the sale/mint and receive ETH. Same would go for royalties until more guidance.
When you convert ETH to USD you would then have another taxable event.
@leemhoffman@mdudas it depends on how they set up their entity. If its set up as a C-corp they may deduct capital losses only to the extent of capital gains for tax year.
Selling NFTs typically is ordinary income and that cannot be offset by capital (eth) loss. Only eth gains offset by eth loss.
@beeple okee u know it is ABSOLUTELY insane that I have to say this, but @goblintownwtf has not added any shockingly low effort team members that will remain nameless. Look at the work of similar artists, you know in your heart how this story ends. #NFA