7. Accounting & Tax

Accurate pricing of NFTs is needed for proper accounting, reporting, and taxation. This is where MetaQuants comes in as an AI-driven company for NFT appraisals. Our mark-to-market mechanism provides a reliable and accurate way to evaluate NFTs for financial reporting purposes. Furthermore, it can be used to facilitate their tax treatment and calculate any taxes owed on their sale or transfer.

This helps companies to properly classify NFTs and prepare accurate financial statements. In addition, our real-time pricing data ensures that financial reports are up-to-date and accurate, thereby meeting accounting and financial reporting standards that are going to be required by the regulators with the advent of NFT financialization development.