Oharai NFT

Oharai NFT is a service that aims to minimise losses for NFT investors by purchasing NFTs that have lost value and are no longer easily tradable. During the NFT price peak between December 2020 and January 2022, most NFTs were purchased at higher prices than they are worth today, resulting in a loss of liquidity for those who invested in them. For NFTs that were purchased at $0.01 or more, OharaiNFT offers 0.000007 ETH (around $0.01) per NFT sold, with the amount of ETH received dependent on the current USD/ETH price, which is targeted at USD 0.01. At the end of each transaction, a receipt is generated, which can be used as evidence of capital loss for tax purposes. Depending on the individual's tax situation, this loss can result in tax deductions that reduce the tax bill for the current year or future years. However, tax optimization is a complex process that depends on various factors, and it is recommended to consult a tax professional to understand how best to optimise your particular tax situation. OharaiNFT currently supports NFTs on the Ethereum blockchain (ERC-721 + ERC-1155), which is the most popular chain for NFTs, and plans to expand support to other blockchains in the near future.