[wiidude32]

This past summer, we were super frustrated with how difficult it was to legitimately dispose of worthless NFTs in order to harvest losses on these assets for tax minimization. There's no real marketplace for worthless NFTs, but investors are sitting on thousands of dollars of tax savings if they had a simple way to harvest their NFT losses.

From this pain-point, an idea was born!

So, we started working on a smart contract that would buy any NFT for a de minimis amount of ETH, thus allowing investors to lock in their losses and reduce their 2022 tax bill.

Would love to hear any feedback!

[adammarples]

>There's no real marketplace for worthless NFTs

There's always OpenSea

[siftrics]

Awesome product.

The main reason I would use this instead of burning my NFTs would be the product doing the legwork to figure my tax loss for me.

I think this offers tremendous value to retail (unsophisticated users). The only value I see for sophisticated users is quickly figuring tax loss.

[fineIllregister]

Do you have any plans to sell the NFTs you buy?