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Taxation on Non-Fungible Tokens (NFT)

  • Published
    19th Aug, 2021

What is Non-fungible token? Elaborate its implications on digital ownership.(250 words)

Approach:

  • In the introduction, provide definition of Non-fungible tokens (NFT).
  • Using a diagram/ points explain the impact of NFT on digital ownership.
  • Enumerate uses of NFT. Eg. Digital Art
  • Conclusion
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