Here is what to expect today:
- Michael Saylor is Being Sued For Tax Fraud
- Ticketmaster is Combining Tickets With NFTs
- Huge Brands Are Dominating The NFT Space
- The Weekly Meme :)
MICHAEL SAYLOR IS BEING SUED FOR TAX FRAUD
Ex-crypto billionaire, Michael Saylor is being sued for tax fraud. He is becoming oddly popular in the news lately. Who is Michael Saylor?
Ex-CEO of MicroStrategy
- Huge Bitcoin Enthusiast
- Now The Great Tax Fraud
The DC attorney general filed a lawsuit against Michael Saylor last Wednesday. A whopping 16-page lawsuit. It stated Michael Saylor has not paid D.C. taxes since 2005, estimated to be $25 million. I'll gladly take a cut of that ๐. It doesn't end there. They are after MicroStrategy as well, stating it was a major conspirer to help Saylor evade taxes. This is due to the CFO of MicroStrategy allegedly agreeing to reduce Saylor's salary to $1.How did he get caught? He told everyone he was doing so. Smart man๐ค. In interviews, he stated that if the government questioned him on his bitcoin gains he would say he lost it in some accident. Not kidding check it out.๐ท
TICKETMASTER IS COMBINING TICKETS WITH NFTS
Ticketmaster and Dapper Labs are pairing up to take NFTs to the next level. Ticketmaster events can now have an NFT attached to each of its attendees' tickets of which will be minted on Dapper Labs' blockchain, Flow.๐ท
The tangible tickets, however, will still be needed at events ๐. The NFT-wrapped tickets will be used as collectible items rather than the ticket itself. Why This Matters:
- Ticketmaster sells around 500 Million tickets a year
- People can trade their tickets as NFTs
- Ticketmaster created its own wallet & marketplace
- 5 million NFTs have already been minted
Do you think this will be the new wave of NFTs? Reply with your answer.
HUGE BRANDS ARE TAKING OVER THE NFT SPACE
Nike, Dolce & Gabanna, Tiffany, Gucci, and many more brands are making millions from crypto. Each brand has created an NFT project with the purpose of being a collectible item and they are knocking it out of the park.No, like Actually...๐ท
Nike is dominating all these brands having made more money than all of them combined. Prior to this drop, they bought a huge NFT company, RTFKT. Their plan is to create Nikeland, a metaverse space that uses the Roblox platform, in which fans can meet up, socialize, and take part in any events. Would you buy in???? Reply with your answer ๐คฏ
THE WEEKLY MEME
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