Unsellable, a new service developed by entrepreneurs Skyler Hallgren and Zach Miller, buys low-value NFTs.
The company buys non-exchangeable tokens for one cent, allowing owners to remove illiquid assets and record losses incurred when purchasing NFTs. As a result, residents of states that have legalized cryptocurrencies have less tax to deduct.
Unsellable creates a collection of NFTs called The Unsellable Collection and adds all acquired tokens to it; in Hallgren and Miller’s view, The Unsellable Collection will eventually become “an initial Web3 artifact” collection.
Tokens for The Unsellable Collection in the OpenSea Marketplace
Buyers of The Unsellable will need to do the following in order to get additional NFTs for free
Connect their crypto wallet to the Unsellable portal.
Select the token.
Click on the Sell option.
Pay a fee of up to 0.0033 ETH (about $4).
Alternatively, the service will send you a receipt for 1 cent and coins. For now, the company is only buying assets dumped on the Ethereum blockchain; the Unsaleable Collection has already generated over 5,000 NFTs; Hallgren has no doubt that the collection will reach 15,000 pennies by the New Year. Hallgren has no doubt that the collection will reach 15,000 pennies by the New Year. Could not read all totals. Retry…