Jonathan Mann, creator of the “Song A Day” project, reveals how a $3 million NFT windfall evaporated due to taxes and the Terra ecosystem collapse, highlighting the risks of crypto taxation and volatility.
Tag: Music
NFT Artist’s $3 Million Crypto Dream Turns into Tax Nightmare: A Cautionary Tale
Musician Jonathan Mann earned $3 million selling his music as NFTs, only to face a harsh reality of crypto market crashes and a hefty tax bill. Here’s a breakdown of the story and its implications.
Zora’s Content Coins and the Future of the Web3 Creator Economy
Explore the evolving Web3 creator economy beyond NFTs, focusing on Zora’s shift to content coins, creator perspectives, and the potential for blockchain-based artist platforms.