Exploring the Latest Developments in NFT Trading, Taxation, & Music at SXSW
Welcome to The Nifty Chicks, where we explore 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. This development highlights the growing interest and recognition of NFTs as a valuable asset class.
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. We highlight some of the most exciting developments in this space and discuss how AI music could change the way we create and consume music in the future.
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.
Join us on The Nifty Chicks as we discuss these exciting developments in the world of NFTs, music, and technology!
Full show notes: TheNiFTyChicks.io/147
4:25 Sony Introduces Cross-System NFT Trading for PlayStation Users!
7:25 IRS issues guidance, seeks comments on nonfungible tokens
9:00 IRS calls for public feedback on taxing NFTs as collectibles
10:15 At SXSW, It Was Goodbye NFTs And Hello AI Music
13:30 Zora Now Lets Creators Create Their Own NFT Contracts
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Neither the hosts nor the guests are acting in the capacity of financial advisors. We are sharing our journey with you as we learn more about this crazy little phenomenon called NFTs. This is NOT financial advice and we make NO RECOMMENDATIONS. We only share with you what we are learning and what we are considering investing in. You must do your own research. Just know that we will always strive for radical transparency with any show associations.
We only share with you what we are learning and what we are considering investing in. You must research any financial investment on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations. Happy Minting!
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