Post
Topic
Board Legal
Re: Proof of source of funds requirements and bitcoin privacy
by
Soft Crem
on 19/01/2025, 18:11:48 UTC
Then the tax authorities will not be able to accuse you of having made an NFT token on your own.
Making your own NFT tokens is not illegal. Nor is selling a new token for $10,000 more suspicious than selling a $10 token for $10,000.
First of all, creating tokens and placing them on NFT trading platforms has a commission, and in most cases it is easier to buy someone else's token for $10 than to make your own tokens.

Selling new tokens is always suspicious, because your tokens will have nothing (ecosystem, project and so on). If you are a famous artist or designer, I agree with you, but in other cases I would use ready-made NFT projects.

There are many rules to follow when selling tokens.  On the other hand, if you have your own resources, you can generate and use a NET token yourself by following the correct rules.  Again you can use someone else's NET token instead of using your own NET token.  Hope you use NET projects all the time.