What's An NFT? #153

Simply Tax

Guests Nik Fahrer and Tom Haldiman return to the podcast to follow up on and take a deeper dive into nonfungible tokens (NFTs) with host Damien Martin. Here’s what they discuss:

• Who are Nik and Tom? @01:15
• What’s the significance of digital assets and where are we going with all of this? @04:48
• Core NFT concepts and a real-world example from Beepol @14:32
• Use cases for NFTs @29:09
• Tax considerations of holding NFTs for appreciation @42:27
• Estate and planning considerations @47:32
• Buyer beware @49:22
• Closing thoughts from Nik and Tom @53:02
• An update on the digital asset space @54:16

Learn more about Nik and Tom and get additional resources with the show notes to this episode comming soon here.

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