Exploring the Latest Developments in NFT Trading, Taxation, and Music at SXSW
In this episode, we delve into the exciting news that Sony has introduced cross-system NFT trading for PlayStation users, making it easier for gamers to trade and collect NFTs. We also discuss the recent IRS guidance on non-fungible tokens, which seeks comments on how NFTs should be taxed as collectibles.
We also talk about the shift in focus from NFTs to AI music at SXSW, as musicians and tech companies explore the possibilities of using artificial intelligence to create new sounds and experiences.
Finally, we take a look at Zora's new feature that allows creators to create their own NFT contracts, providing more flexibility and control over the NFT creation and distribution process.
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NiFTy News Articles Mentioned in the Show:
- Sony Introduces Cross-System NFT Trading for PlayStation Users!
- IRS issues guidance, seeks comments on nonfungible tokens
- IRS calls for public feedback on taxing NFTs as collectibles
- At SXSW, It Was Goodbye NFTs And Hello AI Music
- Zora Now Lets Creators Create Their Own NFT Contracts
Past Episodes Mentioned:
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