Information quality creates trust
The Corona pandemic does have its positive sides: Thanks to it, digitization has progressed rapidly and has found its way into all areas of life. We now work mainly remotely, buy more online, and invest more in stocks. Moreover, it is still trendy to trade in cryptocurrency.
In this context, the topic of “digital art” also went through the roof. The auction house Christie’s, auctioned off a digital artwork called “Everydays: The First 5,000 Days” for $59 million in February this year. The artwork is a non-analog collage of 5,000 small images by artist Mike Winkelmann, artist name Beeple.
This success has made many people sit up and take notice and is now tempting many to enter the digital art trade, regardless of whether you are a market maven or a trend chaser.
So how is a profit from crypto art or cryptocurrency taxed?Read more