If you could buy NFT insurance (monthly payment that covers you against NFT theft or loss, you don’t get the NFT back but you get ETH to the value of the floor price at the time), would you?
@NathanHeadPhoto Why not? I would get my NFT insured plus the guarantee of being paid back in ETH if it gets stolen! Also, IF is important here! Sign me the fuck up! Just in case you don't know about it already. There's a project which does just that @unoreinsure check it out!
@NathanHeadPhoto Yes, I would. That’s why I love @unoreinsure It gives my digital assets including NFT an insurance with all the safety. I don’t worry much about my digital assets but bcz of #UnoRe ✅
@NathanHeadPhoto Personally to me, NFT is more valuable than ETH to the floor price of that time. 👾 Getting insurance for it is a good idea to cover the loss and buy another #GEM NFT is a great Idea.💎 Insurance from @unoreinsure is a marvelous concept. 💯💯💯
@NathanHeadPhoto As is with everything depends on the premium.
@NathanHeadPhoto There is a bill in the AZ legislature to make a stolen NFT or crypto a loss to write off on taxes. Bill also solidifies (gas) as an expense on taxes & treats airdrops like gifts for tax purposes - meaning no tax on initial airdrop.
@NathanHeadPhoto I think this is pretty much impossible cause you can fake your theft or loss,lol