Unsellable will buy unnecessary NFT tokens

Unsellable announced that it will buy depreciated NFT tokens from sellers for 1 cent. In this way, Skyler Hallgren and Zack Miller, who founded Unsellable, will help unsuccessful investors document their losses.

Such actions will help law-abiding citizens of those countries in which cryptocurrency assets have been legalized. The sale of NFT tokens for $0.01 will reduce the amount of tax deductions.

All purchased unnecessary NFT tokens will fall into a single collection called The Unsellable Collection. The founders of the company that buys such items believe that the collection can become a set of artifacts from the era of the early period of the development of Web3 technologies.

Anyone can get rid of their NFT tokens. To do this, they need to go to the Unsellable portal, link a cryptocurrency wallet while on the site. After that, select the “sell” option, pay a fee of ~0.0033 Ethereum (~$4).

After that, Unsellable will send $0.01 to the specified account and a receipt for the purchase of the coin. The company still accepts coins on the Ethereum blockchain. Perhaps in the future they will be able to accept funds in other networks such as Solana, Polygon and others, but at the moment they are limited to one blockchain. At the time of writing, there are over 2,100 NFTs listed on OpenSea from the collection of “the world’s largest collection of depreciated tokens.”