Navigating the Fiscal Labyrinth: Tax Implications of Web 3.0 Domain Transactions
The advent of Web 3.0, powered by blockchain technology, has presented myriad opportunities for innovators, investors, and technophiles alike. A particularly intriguing offshoot of this digital evolution is the rise of Web 3.0 domains. Unlike traditional domains governed by centralized authorities, Web 3.0 domains are decentralized, often representing tangible assets on a blockchain. While the…