普华永道NFT发展报告：应用场景篇.docxVIP

Non-Fungible Tokens (NFTs): Legal, tax and accounting considerations you need to know Contents Foreword 2 Definition and technology 3 Market structure 5 The NFT ecosystem 7 Collectibles 8 Gaming 8 Physical art 9 Sports 9 Cultural artefacts and history 10 Real estate – real world asset representation 10 NFTs in music/ digital art 11 Tickets and any form of access authorisation 11 Education and research 12 The future and the metaverse 13 Thoughts on how corporations could approach NFTs 15 Legal and regulatory 16 Tax 21 Accounting 25 Conclusion 27 Glossary 28 Contacts 29 Non-Fungible Tokens (NFTs): Legal, tax and accounting considerations you need to knowForeword Non-Fungible Tokens (NFTs): Legal, tax and accounting considerations you need to know Foreword Foreword Non-fungible tokens (NFTs) are unique and non- interchangeable digital assets stored on a blockchain. The rise of NFTs this year has surprised people in not only the growth of the ecosystem but also the practical utilities of  NFTs. Since early 2021, the market has grown exponentially from US$13.7 million in the first half of 2020, to US$2.5 billion in sales in the first half of this year1. Weekly trading volume of NFTs by category ($m)1 Art and collectibles Gaming 1000 800 600 400 200 0 Jan-2-1  Feb-21  Mar-21  Apr-21 May-21 Jun-21 Jul-21 Aug-21  Sep-21  Oct-21  Nov-21 One of the most remarkable news about the growth of Non-Fungible Tokens was the sale of the Beeple artwork for US$69 million at the auction house Christies2. which made Beeple the third most expensive living artist at auction. In particular, we have seen an explosion of new methods and tools when creating digital art as  NFTs. In certain aspects, this is game changing as there are now viable ways for large and small independent artists alike to monetise their efforts after their NFTs are sold on globally accessible marketplaces. 1 2 Sou