Trending February 2024 # Collect And Combine Rare Cards To Earn Nfts Of Us Presidents With Pixelpotus # Suggested March 2024 # Top 6 Popular

You are reading the article Collect And Combine Rare Cards To Earn Nfts Of Us Presidents With Pixelpotus updated in February 2024 on the website Hatcungthantuong.com. We hope that the information we have shared is helpful to you. If you find the content interesting and meaningful, please share it with your friends and continue to follow and support us for the latest updates. Suggested March 2024 Collect And Combine Rare Cards To Earn Nfts Of Us Presidents With Pixelpotus

Just halfway through 2023 and we see non-fungible tokens (NFTs) becoming a staple in every crypto enthusiast’s diet. With the NFT market total transaction value reportedly tripling in 2023 alone, NFT utilities and use cases continue to appear and evolve throughout every corner of the crypto space. 

Through the myriad of evolutionary pathways NFTs tread, nostalgia is one such pathway that PixelPotus pioneers, and molds anew. 

Collecting cards has never been this innovative or competitive. 

What is PixelPotus? 

Accurately named PixelPotus, this NFT collectible card game features digital POTUSes (Presidents of the United States) in their finest pixelated suits; lined up for inauguration! There are a total of 45 POTUSes available, each with a total of six levels of a rarity as players combine cards to upgrade their favorite POTUS(es).

You may be thinking, aren’t there a total of 46 POTUSes? You are correct, but lest we forget, Grover Cleveland acted as the 22nd and the 24th POTUS. Although President Cleveland would surely adore more publicity, PixelPotus ensures each POTUS gets a fair term in this game! 

Get FREE POTUSes Today! 

All players are able to claim a free* (*inclusive of a minor Tezos network fee) common POTUS token once per day. To mint the increasingly higher rarity version of each digital POTUS, a player must collect and then burn lower-level tokens to achieve the next tier. For example, to obtain an Uncommon Grover Cleveland, a player must burn two Common Grover Cleveland. 

Following each player’s free claim once per day, a player may then purchase an additional five random Common POTUSes for 0.125 tez per day. However, the total limit to claims daily is 5,000, and as such, players have to claim as early as possible to avoid missing out. PixelPotus also has a smart contract-powered marketplace for users to post trades and exchange in a trustless manner. 

20% of all claim and upgrade fees enter a prize pool smart contract dubbed, “The Treasury.” Once a player reaches the highest level of rarity (Unique), they can make a claim against The Treasury contract and receive a 25% payout. This will continue until all Unique POTUS tokens are minted and the final minted Unique token will receive whatever is left in The Treasury. 

With only 10,000 of each Common POTUS token available and upgrades requiring lower-level token burning, PixelPotus POTUS tokens will only increase in scarcity. Sporting a bold, unique, and inherent deflationary spirit to the game, eventually, there will be no more cards left to claim! 

Community Comes First 

The Tezos community is well-known to be one of the most active and engaged communities out there. As the community’s needs and wants continue to burst at the seams, PixelPotus responds rapidly; incorporating new features and applying fixes in record time. So far, PixelPotus has been highly praised for its fast pace of development and implementation of new feature requests.

Prioritizing the community, the PixelPotus team has recently released V2, which incorporates the ability to now set buy orders for cards alongside the current sell orders. Additionally, V2 revamps the player PixelPotus interface and improves upon all aspects of the increasingly renowned NFT collectible card game. 

In the words of Andrew Jackson: “Take time to deliberate; but when the time for action arrives, stop thinking and go in.” 

Claim your first free POTUS token today here! 

PixelPotus Socials: 

Contact Details: 

Name: Press Secretary Codecious 

You're reading Collect And Combine Rare Cards To Earn Nfts Of Us Presidents With Pixelpotus

Sabrent’s Cfexpress Type B Storage Cards Combine Affordability With Value

Anyone who uses a dedicated camera body for photography or video capture is likely to be familiar with the tried-and-true SD card. This compact form of media storage comes in various capacity options at a fair price. But when using higher-end dedicated camera bodies, you may notice an entirely different memory card slot inside: CFExpress Type B.

CFExpress Type B lends a host of benefits over traditional SD cards, including faster data transfer speeds and improved heat dissipation. But not all CFExpress Type B cards are created equally. Like SD cards, CFExpress Type B cards come in different storage capacities and are offered in different speed ratings to suit your needs.

Sabrent – Affordable and capable

While I’ve been hands-on with several different CFExpress Type B cards, one brand that consistently stands out to me is Sabrent. Their CFExpress Type B card lineup offers one of the most flexible in terms of storage capacities, and at mind-blowingly low prices compared to other brands. Best of all, I haven’t noticed any reliability differences when compared the bigger brand names, making Sabrent a tempting option.

Sabrent is known for their Rocket CFX line of CFExpress Type B cards, which come in flavors of 512GB or 1TB storage capacities and provide up to 1,700/1,500 MB/s read/write speeds peak, or 1,600/400 MB/s read/write speeds sustained. When reading these stats, the sustained numbers are the ones that most users are concerned with, as these are the speeds that will be most prevalent during continued use.

In our testing, we were able to achieve 1,460/600 MB/s read/write speeds with the Rocket CFX line in a 1TB flavor:

Sabrent’s Rocket CFX line of CFExpress Type B cards is most discernible by its blacked-out color scheme and blue stripes on the sticker; but more recently, Sabrent launched a new line of CFExpress Type B cards called the Rocket CFX Pro line that are discernible by its gold-on-black color scheme.

Sabrent Rocket CFX Pro

As you might come to expect from a CFExpress Type B card that adds the “Pro” designation to its name, Sabrent’s Rocket CFX Pro CFExpress Type B cards lend serious spec boosts when compared to the non-Pro line. They come in flavors of 512GB, 1TB, and 2TB storage capacities and provide up to 1,800/1,700 MB/s read/write speeds peak, or 1,700/1,300 MB/s read/write speeds sustained (on 1TB and larger cards).

In our testing, we were able to achieve 1,525/1,207 MB/s read/write speeds with the Rocket CFX Pro line in a 1TB flavor… a fantastic step up from the write speeds in the ordinary Rocket CFX line:

Sabrent’s slower Rocket CFX line of CFExpress Type B cards are affordably priced $149 for 512GB and $249 for 1TB (just compare these storage capacity options to the prices offered by other brand names…), but you can expect to pay a bit more for enhanced speed capabilities. The faster Rocket CFX Pro line of CFExpress Type B cards come with price tags of $269.99 for 512GB, $449 for 1TB, and $649 for 2TB.

While it seems like a bit much in terms of cost at first glance, finding a 2TB storage option with these sustained write speeds isn’t particularly easy in today’s market, and most other brands are charging more for smaller 750GB CFExpress Type B cards with similar sustained read/write speeds. For this reason, we think that Sabrent is a reasonable way to go for anyone who desires pro-grade hardware capabilities on a budget.

CFExpress Type B – Camera storage of the future

As dedicated camera bodies become more capable in terms of photography and videography by way of higher resolution image and video capture and faster shutter speeds (especially in terms of electronic shutters), it seems clear that CFExpress Type B will eventually overtake SD cards as the default storage medium given their higher-performing specifications. While this won’t happen overnight, we can already see it happening in higher-end cameras today, like the Nikon Z9 mentioned earlier.

If you’re on the fence about CFExpress Type B because of the cost, then Sabrent is a great brand to start with. With them, you get reliable storage offered in smaller or larger capacities, in addition to the choice between slower Rocket CFX or faster Rocket CFX Pro cards. For most non-flagship dedicated camera bodies, we think that the Rocket CFX line of CFExpress Type B cards will be enough, but those using flagships that demand more out of their storage cards should really consider Sabrent’s Rocket CFX Pro line instead.

Sabrent CFExpress Type B card readers

Sabrent also has you covered in terms of file transfers. They offer both USB-C-based and Thunderbolt-based CFExpress Type B card readers that are blazingly fast when transferring files to USB-C or Thunderbolt-equipped Macs or Windows PCs.

If you do any kind of creative work, either for hobby or for professional reasons, then these readers can cut down on file transfer times by utilizing the full read speeds of your CFExpress Type B cards rather than the bottleneck speeds of your camera’s integrated USB port (if it even has one).

Where to get one

If you’re in need of CFExpress Type B storage media for your dedicated camera body, and Sabrent’s offerings look attractive to you, then you can check out the company’s cheaper Rocket CFX cards on Amazon. Prices range from $150 to $500 depending on whether you need a single 512GB card or a two 1TB card bundle. Sabrent’s slower USB-C-based CFEXpress Type B card reader is also available on Amazon for $57 and works with any brand of CFEXpress Type B card.

On the other hand, if you’re using a more demanding dedicated camera body and require faster storage media, then Sabrent’s faster and more expensive Rocket CFX Pro cards can also be had on Amazon. Prices range from $270 to $650 depending on whether you need a 512GB card, all the way up to a massive 2TB card. You can also find Sabrent’s faster Thunderbolt-based CFExpress Type B card reader on Amazon for a modest $130, which works with any brand of CFExpress Type B card and will utilize the CFExpress Type B card’s speeds to its fullest.

My thoughts on Sabrent CFExpress Type B cards

Having lots of storage is going to be important if you’re a photographer, and in many cases, you may want more than one storage card so that you can have redundant backups of your work when shooting photos or video for compensation. For this reason, affordable and reliable storage has a lot of value for amateur and professional photographers and videographers alike.

Sabrent fills an important niche in the market by providing affordably priced storage options. It seems to me that while they aren’t the fastest cards on the market, they are good enough to get the job done for most users and are offered at a fair price point compared to much of the competition, especially per gigabyte (or terabyte!). That said, you could get yourself a couple of Sabrent cards for the price of one bigger brand name card of the same storage capacity, which could be a wiser choice.

I’ve had no issues with Sabrent’s CFExpress storage cards keeping up with my camera’s shooting capabilities, nor have I had any reliability problems with the cards’ onboard data corrupting with extended use as you may have heard about other smaller-brand storage cards.

Here’s a brief rundown of pros and cons relating to the Sabrent Rocket CFX and Rocket CFX Pro cards:

Pros:

Affordable storage per gigabyte compared to other CFExpress Type B cards

Cards are reliable with extended use

More appealing storage sizes up to 2TB

Available in low-cost budget options, or high-cost performance options

Will work with any CFExpress Type B-supported camera body

All-metal casing dissipates heat effectively

Cons:

Not as fast as some of the more expensive performance brands

Not as affordable as SD cards

Conclusion

There isn’t a lot of bad that I can say about the Sabrent CFX Rocket and CFX Rocket Pro CFExpress Type B cards. For the price, you get a lot of bang for your buck – lots of storage space, and high read and write speeds to keep up with your camera body’s workflow.

Us Court Renews Permission To Nsa To Collect Phone Metadata

The Foreign Intelligence Surveillance Court has renewed permission to the U.S. government for a controversial program to collect telephone metadata in bulk.

The office of the Director of National Intelligence said the government filed an application with the FISC seeking renewal of the authority to collect telephony metadata in bulk, and the court renewed that authority, which expired on Friday.

The information was being disclosed “in light of the significant and continuing public interest in the telephony metadata collection program,” and an earlier decision by DNI James R. Clapper to declassify certain information relating to the program, it said.

The secret court has been set up under the Foreign Intelligence Surveillance Act (FISA) which requires the government to obtain a judicial warrant for certain kinds of intelligence gathering operations. (

The Guardian newspaper published in June a copy of a secret April 25 order from FISC in Washington, D.C., which required Verizon to produce call records or telephony metadata on an ongoing daily basis until expiry of the authorization on July 19.

The requirement to turn in metadata applied to calls within the U.S., and calls between the U.S. and abroad, and did not cover communications wholly originating or terminating outside the U.S. Metadata was defined to include communications routing information such as session-identifying information, trunk identifier, telephone calling card numbers, and time and duration of calls.

The program does not allow the government to listen in on anyone’s phone calls, and the information acquired does not include the content of any communications or the identity of any subscriber, Clapper said in a statement in June, which also confirmed the authenticity of the order published by the British newspaper.

The authorization required the production of telephony metadata under the “business records” provision of the FISA Act.

In response to the disclosure about the collection of phone data of Verizon customers, American Civil Liberties Union filed a lawsuit in June in U.S. District Court for the Southern District of New York, claiming that the “mass call tracking” by the U.S. National Security Agency was in violation of the U.S. Constitution’s First Amendment, giving U.S. residents the rights of free speech and association, and the Fourth Amendment that protects against unreasonable searches and seizures. It asked the court to order an end to the tracking of phone records under the Verizon order or any successor order.

In a letter last week to Rep. Jim Sensenbrenner, the U.S. Department of Justice said intelligence tools that NSA uses to identify the existence of potential terrorist communications within the data “require collecting and storing large volumes of the metadata to enable later analysis.” If the data is not collected and held by the NSA, the metadata may not continue to be available for the period that it “has deemed necessary for national security purposes” as it need not be retained by telecommunications service providers.

Internet companies like Google, Microsoft and Yahoo have been demanding for greater transparency in the orders of the FISC, after Edward Snowden, the former NSA contractor behind the leak of the Verizon order, also disclosed documents that suggested that the NSA has access in real-time to content on their servers. The companies have denied the claims, and want FISC to remove restrictions that prevent them from disclosing requests for customer data under FISA. Yahoo appears to have persuaded FISC to release its secret order and parties’ briefs in a 2008 case. The court ordered the government recently to declassify the documents, as it prepares to publish the court’s opinion in a redacted form.

Emotional Content To Earn More Attention

If our audiences have less attention than a goldfish, it’s important to push the right “hot buttons”

Did you know that the average attention span for a new idea, we page or piece of content is now only 8 seconds – compare that to a goldfish at 9 seconds. It’s pretty startling and when you observe your own behaviour, or mine at least, 8 seconds does feel like a short time. But it depends on the context, in this post, Dave Chaffey talks about a 2 second rule to get your message across as someone visits your site or social media outpost for the first time, comparing it to the 7 seconds we supposedly look at an outdoor billboard.

Rational vs Emotional Content

This got me thinking how so much content that we create does not take the huge lack of time into account. We write and create so much content. Of course there’s a time and place for the detail, our features need comparing, we believe, when a consumer is at purchase stage.

We’ve explored this with our content matrix, above. Here the aim is to aligh content types which leverage emotional and rational with awareness and purchase. It’s a useful graphic, though does still assume that we’re rational at point of purchase.

Of course, the shopping psychologists and experts, books such as Buy-ology and Why We Buy – will all tell you the science reveals two reasons as to why we buy – the rational reason and the real reason. It’s why cheap does not always win, why people smoke, drastically over-spend, and so on. The principle is that human purchase decisions are emotional, most certainly in the west where our needs are, for most people, more than met something explored by Maslow’s hierarchy of needs back in the 1940’s. I guess we human’s can easily construct logic, easily can post-rationalise.

The diagram above, from this Marketing Prof’s article, is great to take the Content Matrix to a deeper and detailed level. I like how the varying degree of logic is taken into account

Emotional wants vs needs

The IPA says

Creatively awarded campaigns are much more likely to be ‘emotional’ than ‘rational’ (44% vs. 19%).

Creative campaigns are 12 times more efficient at delivering business success. The more creatively awarded, the more effective.

In short we’re talking about the different between ‘need’ and ‘want’. And I wonder, in a marketing world all content focussed, are many really getting this human, emotional element right? Where are all the examples, really? A client asked me this earlier this week and there aren’t that many. Here’s 4 that we can learn from:

“The 16 Marketing Hot Buttons” – Sell the dream

But how do you do it? We’re comfortable with models and frameworks that align content buyer journeys and consumer behaviours, we really like the 3S model here, and the notion of Storytelling for consumer engagement offers the the steps and process. But what do you make those content stories about – what’s the consumer insight to build the story on? This is where the idea of Marketing Hot Buttons comes in. Barry Feig’s ‘Hot Buttons’ idea is basically about standing on the same emotional footing as your customer, connecting through an emotional benefit, you find out what motivates and inspires and align your brand to that – you’re adding to your product through imagery and association by appealing to their self image. What struck me is that the 16 ‘buttons’ that marketers can ‘push’ to get people to buy are things that we do (or could do) with content generation. We can see the examples above do that to a tee. The top needs that Feig identifies are:

Control

Superiority

Discovery

Family values

Belonging

Fun

More time

The best

Self-achievement

Helping others

Reinventing oneself

If you want content that connects, that engages and the deepest level to drive sale, then this has to be a great place to start for campaigns and content generation?

Would Digital Id Cards Stop The Spread Of Coronavirus?

Does coronavirus give governments the perfect reason to bring in digital identity cards?

While many have focused on contact-tracing phone apps, former British Prime Minister Tony Blair has said that digital identity cards are not only a natural extension of current technology, but also the perfect solution for reopening countries in lockdown.

But are ID cards a threat to civil liberties? And if so, at what price should we be willing to reopen the world in the wake of coronavirus?

Are ID Cards Unavoidable?

“There’s always a good case for introducing some form of digital ID,” said Tony Blair at the CogX virtual conference, “but I think that case is even more powerful today.”

Ideas around tracking people in order to stem the spread of coronavirus has been touted in the UK and the US since cases started appearing. Indeed, a non-compulsory contact tracing app is already available in the UK.

However, the idea of creating a new form of digital ID, with some coronavirus contact tracing built-in, might feel exploitative and opportunistic.

“You can create a digital ID today that is much more easily protected,” said Blair at the conference. “You can deal with a lot of the privacy and surveillance issues that worry people. But it’s a natural evolution of the way we’re going to use technology to transact daily life and this COVID crisis gives us an additional reason for doing that.”

Of course, while we already carry enormous amounts of personal data about ourselves on our phones, the idea of having a government-mandated digital ID will be a difficult idea for many to stomach.

Would a Digital ID Card Work in Practice?

At present, there are two big concerns when it comes contact tracing apps, which would also apply to digital IDs: accessibility and privacy.

“These apps are bias towards the affluent part of the population so people who don’t have the latest smartphone cannot participate… children are not in mix, the oldest people are not in the mix… so this clearly does not address everyone,” said Detlef Nauck, head of AI and data science research at British Telecom, who was also speaking at the conference.

If the digital ID was stored in a smartphone, for example, then some people without smartphones would naturally be excluded from holding an ID. This would include those in older age groups more likely to be considered at risk of coronavirus.

What’s more, some might not possess the digital skills to use or understand their new government-mandated ID. This, however, would not be a problem according to Blair:

“Give them the chance to be educated, to be skilled, to be retrained, to have access, make sure that there’s universal coverage. Make sure that, for example, when we’re educating our young people today that they’re fully educated to be able to work in this new world. A lot of people will be retraining and reskilling, you know we need to make sure we use this as an opportunity.”

Young people, of course, aren’t necessarily the problem. Retraining older people, who aren’t necessarily au fait with technology at the moment to use a digital ID might be trickier. Biometric passports, as used in the UK, seem great, but some find them challenging to use.

This would also make using a digital ID to track coronavirus spread difficult.

“You need about 60% in the population to make these apps really work well,” said Nauck. “This is roughly the number of people [in the UK] who run WhatsApp on their phones, so you need to get the same sort of uptake on this app, which is not likely.”

Plus, while a contact tracing app was tested in the UK on the Isle of Wight, it only saw a take-up of around 50%. “But, that was probably because people were curious,” said Nauck. “That is probably not something you can replicate across the whole country.”

What If We Don’t Have a Choice?

Perhaps, however, we won’t actually get a choice.

“My essential belief is that the technology revolution is the 20th century’s version of the 19th century industrial revolution,” said Blair. “In other words, it changes everything. It changes the way we live, the way we work, the way we think.”

Most regular people didn’t get a choice on whether they progressed with the industrial revolution — they found themselves caught in the turning gears of history. For Blair it seems, regular people needn’t have a choice time round, either.

“The risk is that you have this divide between the world of the changemakers — those with technology, creativity, and innovation making the changes — and the policymakers — those in politics, in my profession — and there’s a great gulf in understanding and misunderstanding between the two.”

For Blair, it seems, normal people don’t get to factor into these decisions. And, perhaps unsurprisingly, he has form for this when it comes to ID cards. Back in 2004, Blair’s Labour government introduced the Identity Cards Act, which would have required people to carry an ID card with a host of personal information.

The identity cards would also be tied to the “National Identity Register,” which would have included:

Up to ten fingerprints

A digitised face scan

A digitised iris scan

Current and past UK addresses

Overseas places of residence

It would also be tied to other government databases in order for them to be connected.

The controversial bill was repealed by the Conservative and Liberal Democrat coalition government that succeeded Blair’s in 2010.

Of course, that was then, and this is now. And, according to Blair, at least “these technology solutions will be extremely important for us to solve the practical problems, not just of COVID, but of the new world of work and economy that we’re going to see developing in the next few years.”

Nfts And Charity: What To Know About Deductions And Tax Hurdles

For many, tax season is finally behind us. While it’s nice to take a breath, it’s also never too late to start thinking about next year’s filings — especially if you continue to invest in NFTs and crypto. Whether you’re in that group, or filed for an extension and still have time to submit your information, this guide will help you take a closer look at your crypto and NFT investments, including the potential tax implications associated with capital gains, losses, and charitable crypto donations. 

NFT purchases and subsequent sales

Joe Biden’s $1.2 trillion infrastructure bill, which goes into effect in 2023, requires crypto exchanges to issue a 1099-B form that notifies the IRS directly of crypto transactions that exceed $10,000. This will help keep exchanges and investors accountable for their holdings. NFT holders are no exception to this new requirement, as the vast majority of NFT purchases are made with crypto or fiat.

Indeed, any taxes tacked onto the initial purchase of an NFT are likely to increase when you convert, transfer, and/or sell one. These calculations will change based on how much the holder has gained (or lost) and how long they may have held the asset — whether short-term or long-term.

For long-term investors, an individual could expect a zero to 20 percent tax rate, while a short-term investor (who has held the asset for less than a year), would still be subject to capital gains which are taxed as ordinary income at a 31 to 37 percent rate – depending upon the tax bracket they fall under. 

In 2023, NFT sales reached almost $25 billion, compared to just $94.9 million in 2023. So, in the event an individual held an NFT for fewer than 12 months, they would likely have yielded some type of profit, triggering capital gains taxes.

For example, let’s say an investor purchased CryptoPunk #4156 for 2,500 ETH (or $10.2 million as of November 2023). The potential capital gains tax on the NFT would be around 31 to 33 percent, or $3.3 million. How about a smaller purchase of around $700? That transaction could yield close to $230 in additional taxes.

Charitable giving 

Another consideration is how crypto philanthropy has become a new phenomenon for consumers. Crypto philanthropy differs quite a bit from traditional charitable giving. We’ve seen a sharp rise in “intentional charitable donations,” as today’s generation is focused on how they can make the most impact for organizations they deeply resonate with. 

The COVID-19 pandemic and ongoing geopolitical crisis in Ukraine have been perfect examples of how today’s generation’s spending habits have changed, positively impacting these communities in need. Crypto donations have created a bridge for donors to address hurdles, such as a nonprofit’s inability to receive funding due to government restrictions. 

Perhaps one of the earliest case studies for crypto donations is WikiLeaks, which in 2010, was blacklisted by U.S. payment processors including Visa, Mastercard, and PayPal from receiving funding. Thanks to the immutable nature of blockchain technology and the speed by which crypto transactions are facilitated, today’s generations have turned an exciting eye toward philanthropy. As of today, WikiLeaks has continued to thrive due to its consistent receipt of millions in crypto donations.

Over 1,300 nonprofits accepted crypto donations in 2023, which are considered tax-deductible in the U.S., among other countries. However, how can taxpayers still get that tax-deductible write-off for donations they made in crypto or NFTs?

Enter DAFs.

Examples of notable DAFs include Fidelity Charitable, Schwab Charitable, and Vanguard Charitable. Fidelity Charitable reported that last year was the largest ever for crypto donations, where 45 percent of crypto investors donated to charities in 2023, compared to 33 percent of general investors. 

For those who requested an extension on their tax reporting for 2023, there are perhaps opportunities for taxpayers to keep searching for those donation receipts. According to tax attorney Jonathan Shugart, one of the biggest issues he has seen over the past year is consolidation of receipts. 

“Most people don’t report all of their charitable contributions at tax time, because they are not able to track down all of their receipts,” Shugart tells nft now. “If you do your charitable giving through your DAF, you have one receipt for all of your giving — no matter how many [public] charities you make grants to.”

According to Shugart, right now is the perfect time to be having conversations about crypto donations, specifically when a donor still wants the asset they just donated — a conversation that he says rarely happens. He presented the following example where a donor can repurchase the asset with the cash they would have contributed to the charity:

“Let’s say you have $10,000 that you want to donate to a charity. Let’s also say you have an additional $10,000 in bitcoin that you purchased for $1,000. Traditional wisdom says to ‘keep the bitcoin,’ and use your cash to support the charities that you care about. Alternatively, you can contribute the bitcoin to your DAF, where [we] liquidate the asset and put the proceeds in your fund for you to grant out to your favorite charities. In this scenario, nobody pays the capital gains tax on the sale of the asset, since B Charitable, a public charity, is who sold it. The charities receive more, and you still have your cash.”

But for those who may still want their bitcoin, Shugart says you can purchase more with the cash they would have donated to the charity, because their basis becomes the new purchase price — in this case, $10,000.

Keep your eyes on the ‘ACE Act’

However, many nonprofits have spoken actively against the ACE Act, arguing that now is not the time to be restricting charitable giving vehicles — given the COVID-19 pandemic and what we now know about the geopolitical crisis in Ukraine.

In short, just as the NFT market is constantly changing, so too are the laws and regulations that surround it. Staying informed is the best way to keep up with the dynamic nature of the space, and ensure you’re always getting what you’re owed during tax season.

Update the detailed information about Collect And Combine Rare Cards To Earn Nfts Of Us Presidents With Pixelpotus on the Hatcungthantuong.com website. We hope the article's content will meet your needs, and we will regularly update the information to provide you with the fastest and most accurate information. Have a great day!