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NFTs: The future of monetization or just a fad?Another way to monetize NFTs is to license them for use in other projects. For example, if you have created an NFT of a piece of artwork, y...07 Jan, 2023, 11.29 AM IST- Definition of non-fungible tokens as per CBDT: Here's what is not taxed as NFTsEffective from FY 2022-23, gains from virtual digital assets, cryptos and non-fungible tokens or usually known as NFTs (that will be notifi...08 Jul, 2022, 09.44 AM IST
- As NFT prices drop, taxman could come knockingThe tax department is sure to question the sharp drop in the valuation of these virtual digital assets, tax experts said. The department wo...01 May, 2022, 06.01 AM IST
- Is NFT mania here to stay?Many investors now deem NFTs as legitimate investments. But much of the NFT market lacks structure.30 Apr, 2022, 11.08 AM IST
- Marketplace suspends most NFT sales, citing 'rampant' fakes and plagiarismSales of NFTs, or non-fungible tokens, soared to around $25 billion in 2021, leaving many baffled as to why so much money is being spent on...13 Feb, 2022, 09.40 AM IST
- NFTs shouldn't be clubbed with cryptocurrencies for taxation, say exchangesIndustry participants said NFTs were digital goods and not currency like crypto, so they needed to be treated separately for taxation purpo...09 Feb, 2022, 07.47 AM IST
- NFT sales hit $25 billion in 2021, but growth shows signs of slowingWhile the most expensive known NFT sale was $69.3 million, a common price range was $100 to $1,000, NonFungible.com said.11 Jan, 2022, 11.06 AM IST
- NFT sales hit $25 billion in 2021, but growth shows signs of slowingPrices of some non-fungible tokens, crypto assets representing a digital item such as an image, video, or even land in virtual worlds, rose...11 Jan, 2022, 08.01 AM IST
- Concerns that NFTs may fall through regulatory cracks or be classified as commoditiesNFTs are built on blockchain but are separate from cryptocurrencies, should have separate regulations, say exchanges.15 Dec, 2021, 02.17 PM IST
- Is digital art benefitting museums? Four reasons they aren't cashing in on NFTs yetCan NFTs generate the revenue many museums sorely need?03 Dec, 2021, 05.55 PM IST
- What are NFTs, how to buy & are they safe? Here are all answersAn NFT is a digital asset that exists on a blockchain, a record of transactions kept on networked computers.18 Nov, 2021, 05.51 PM IST
- NFT sales surge to $10.7 bn in Q3 as crypto asset frenzy hits new highsNFTs use blockchain to record the ownership of digital items such as images, videos, collectibles and even land in virtual worlds.05 Oct, 2021, 10.09 PM IST
- NFT sales surge to $10.7 billion in Q3 as crypto asset frenzy hits new highsSurging sales and hefty prices on NFTs—items which do not physically exist—have baffled many but the explosive growth shows no sign of abat...05 Oct, 2021, 09.05 AM IST
- NFTs: Why you should pay attentionIn India too, Bollywood superstar Amitabh Bachchan has launched his own NFTs, which are themed around his life. Before him, Sunny Leone bec...13 Sep, 2021, 04.37 PM IST
- WazirX to launch NFT marketplace for India, South AsiaWhile Ethereum is globally the most popular blockchain for minting non-fungible tokens, WazirX will use its parent company Binance’s blockc...07 Jun, 2021, 08.58 PM IST
- EBay taps into NFT frenzy, allows sale on platformNFTs have exploded in popularity this year, as enthusiasts spend enormous sums of money on artwork and other items that exist only online.12 May, 2021, 10.26 AM IST
- NFTs are turning out to be a game changer in the digital world. But before you dive in, know the risksWhy is so much money being spent on items that only exist in digital form?18 Mar, 2021, 06.11 PM IST
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