Latest Stories

Most recently published stories in The Chain.

Do You Have to Claim NFTs on Your Tax Return?
It seems that NFTs have become all the rage in the last couple of years, but the practice of investors using art to “hide” their assets to minimize tax liability is nothing new. However, don’t think that being an NFT creator or collector means you can avoid paying taxes on any profits you make. While the Internal Revenue Service has yet to define rules that are specific to NFTs, in 2014 they released Notice 2014-21, 2014-16 I.R.B. 938, which defines digital assets as property for federal tax purposes, and subject to the same rules as other types of assets.
By Brandi Ivy4 years ago in The Chain
Where Can you Buy an NFT?
These are just three of the reasons people are buying non-fungible tokens. And since 2021, adoption of this new technology has skyrocketed, with sales of $25 billion this year. After you've seen the headlines, explored the Discord servers, and fought on Twitter, you're ready to take the plunge. But you may have a few questions, most notably "Where do I buy an NFT?"
By crypto gilb4 years ago in The Chain
Launch a Futuristic NFT Marketplace with Opensea Clone Script
Opensea Clone Script Opensea, the trending NFT marketplace in the crypto world, holds the most number of active users and that makes most of the NFT transactions in the world of NFTs. The continuous updated features and the development of several features with respect to the user's point is the major factor for the success of Opensea. And the success of the Opensea Clone Script has led many entrepreneurs to launch an NFT marketplace like opensea with the Opensea clone script. Opensea Clone script lets the developer customize and develop the NFT marketplace like Opensea with all the business requirements the patron needs. The Opensea Clone can be developed over various blockchain ecosystems as per the business model.
By Lucas Andrew4 years ago in The Chain
Soulbound Tokens: Driving a Change in the World of NFTs
NFTs are being utilized for a variety of purposes, the most common is investing and exchanging digital artwork. This is made possible by services such as OpenSea etc, which allow users to purchase, trade, and swap their NFTs for digital currencies. Nevertheless, the applications of NFTs go far away even from this conjecture to include some innovative solutions and methods.
By Antier Solutions4 years ago in The Chain
Metaverse and blockchain, what is their relationship?
The science fiction that we see in the movies is no longer so far away, a buzzword, where the virtual reality and augmented reality metaverse interact, but also that territory that generates a lot of money, particularly with the speculation of virtual reality currencies.
By Ethereum4 years ago in The Chain
Polkadot Ecological Bridge
We need to understand the similarities and differences between Polkadot and Ethereum 2.0 first. In terms of project background, both Polkadot and Ethereum have strong technical teams and technical backgrounds, so I won’t go into details here. One is the world’s advanced smart contract platform, and the other is a platform that will carry future multi-chain interoperability. Both platforms are designed for developers to build decentralized applications, and both are pursuing expansion strategies based on parallel execution to solve regional problems. Performance and scalability issues for blockchain networks. Specifically, Bridge Smart Contract Development Services each execution thread is called a shard in Ethereum 2.0, and is called a parachain or parallel thread in Polkadot.
By Sandyzakk4 years ago in The Chain
Distinguish Ethereum platform tokens and other tokens: wallets support storage of ERC20 tokens
Distinguish Ethereum platform tokens and other tokens: wallets support storage of ERC20 tokens ERC-20 is a technical standard used for these smart contracts on the Ethereum Blockchain when issuing Token. ERC20 stands for “Ethereum Requestst For Comment”, this technology is an innovation proposed by experts that has been officially accepted into the Ethereum Network system and the system has a unique identification code is 20 .
By Boopathi4 years ago in The Chain
What is Cosmos and How Does It Work
Cosmos is a network of several chains that operate and communicate with each other. Cosmos Overview Cosmos Network looks to solve the scalability, usability, and sovereignty limitations of the current blockchain infrastructure. The world’s biggest blockchains (Bitcoin and Ethereum) are prime examples of the scalability problem.
By Exploit The Edge4 years ago in The Chain
What are NFTs and why are some so valuable?
As if cryptocurrencies weren't confusing enough, non-fungible tokens ( NFTs ) are another blockchain-native asset class that gets people spinning.
By Ethereum4 years ago in The Chain
Building Crypto Portfolio with no Capital - Part II
In the previous part of this series of posts I mentioned how can you start collecting small amounts of crypto by writing articles about the crypto projects you are interested in.
By Sam BTC4 years ago in The Chain
How to Design NFT, And Sell For More Money in 2022
Non-Fungible Tokens (NFTs) have a variety of uses and are one of the most popular ways to earn money online today. In this definitive NFT guide, you will learn how to make money with NFT. This guide will learn everything you need to know about NFTs and how to buy, create, and sell NFTs.
By lupu alexandra4 years ago in The Chain
Everything You Need to Know Blockchain
Everything You Need to Know Blockchain Life depends on evolution, natural selection, and change. It provides meaning to our lives and the world; it helps us stay updated, adjust, and adapt. And that mindset led us to cryptocurrencies based on Blockchain. But what is blockchain? How does it work? Let’s get to know everything about the crypto ledge system.
By lupu alexandra4 years ago in The Chain