Opinion: Reddit co-founder’s reason for buying NFTs makes no sense

Reddit co-founder Alex Ohanian says he’s invested millions into NFTs because of the suffering his family endured during the Armenian Genocide.
Reddit co-founder Alex Ohanian says he’s invested millions into NFTs because of the suffering his family endured during the Armenian Genocide.
Traders have been buying and selling large numbers of NFTs on the Blur exchange simply to collect the tokens awarded against their activity.
The Treasury and the IRS aren’t sure whether NFTs count as collectibles, which would impact capital gains tax. The public can now weigh in.
Playboy launched an NFT collection back in 2021, when crypto was flying high. Now, it’s getting hammered by the market.
The surge in royalty payments follows a new policy issued by Blur that states creators are to delist their NFTs from OpenSea.