Jaypeggers IconApp's chainETH

Jaypeggers

Validated
DeFi
Yield Farming
NFT tax loss harvesting service and thrift store
  • 736 Followers
  • 658 Likes
Validated
Validated
Open
  • User Score 4.55
  • Validation Score 4.1
  • Trust ScoreHigh
  • General No. 208
  • DeFiNo. 67
  • EthereumNo. 29
  • Token
Jaypeggers
Jaypeggers Review
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About Jaypeggers

An NFT tax loss harvesting service and thrift store powered by up-only tokenomics. Earn $JAY by harvesting NFTs, generate yield with $JAY and $jUSDC, and hunt arbitrage between pairs!

Jaypeggers is an innovative platform that empowers photographers and digital artists by providing them with tools to showcase, share, and monetize their digital artworks. Leveraging blockchain technology, Jaypeggers ensures the authenticity and ownership of digital assets, enabling artists to reach a global audience while protecting their intellectual property. The platform aims to revolutionize the digital art industry by offering a secure and transparent environment for creators.

Jaypeggers Magic Store Validation Score

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Validation Score

4.1
Results:
  • yes82%

  • no18%

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Jaypeggers Review Score by Real Users

4.55Out of 538 Total
  • 22
  • 15
  • 1
  • 0
  • 0
38 Total
My experience with Jaypeggers
13 Dec 2023

I liked that the core concept of Jaypeggers revolved around the idea of leveraging tax-loss harvesting in the NFT space—a new approach that caught my attention. By utilizing this strategy, I have the opportunity to earn $JAY tokens while engaging in the NFT harvesting process. The combination of tax loss harvesting with NFTs presents an interesting way to navigate the complexities of the crypto market while potentially offsetting tax liabilities. Additionally, Jaypeggers' thrift store aspect adds an interesting layer to the platform's functionality. The ability to generate yield by staking $JAY tokens alongside $jUSDC provides users with a means to earn passive income while contributing to the platform's ecosystem. The incorporation of up-only tokenomics creates an environment that encourages active participation, fostering a sense of community involvement.Read More ››

julian avatarjulian196956.25
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Jaypeggers
07 Dec 2023

Jaypeggers presents an innovative NFT tax solution offering advantages in reducing tax burdens, enhancing investment returns, and providing arbitrage opportunities, yet users must navigate complex tax regulations to ensure compliance in this high-profile NFT space.Read More ››

Damnational avatarDamnational156248.70
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Jaypeggers
05 Dec 2023

Thank you to the team for your work and guiding the community to know more about the project on the platform.Kudos to the Jaypeggers team for introducing such a revolutionary concept! The ability to earn $JAY by harvesting NFTs is a game-changer. Can't wait to try it out and see the benefits firsthand.Arbitrage opportunities between pairs? Count me in! Jaypeggers seems to provide a comprehensive platform for NFT harvesting and yield generation. Impressed with the range of features they offer.Read More ››

todkras avatartodkras89370.44
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Reduce your tax liabilities
14 Nov 2023

I have read their whitepaper to learn more about how they reduce tax. Actually we all know that only few nfts are useful and for majority of nfts we don not find exit liquidity after some time. So they enable you to sell your nfts in exchange of some JAY token, that way you realise loss and it reduce your tax liabilities. It is an good idea by team.Read More ››

Gabrujaat avatarGabrujaat122365.40
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Jaypeggers
13 Nov 2023

Jaypeggers offers an interesting and innovative solution to tax issues in the NFT space, with some significant advantages. First, through the Jaypeggers platform, users can effectively use NFT tax losses to reduce their tax burden. This helps improve returns on NFT investments while reducing the burden of capital gains taxes, an important advantage for NFT holders. Secondly, through the Jaypeggers platform, users can earn platform rewards and seek arbitrage opportunities. This increases users’ return on investment and incentivizes more people to participate in the NFT market. However, it is important to note that this mechanism may require compliance with complex tax regulations, as tax laws tend to vary from region to region. Users need to ensure that their actions are legal and comply with local tax regulations. Taken together, Jaypeggers provides an innovative solution that can help NFT holders reduce their tax burden, increase investment returns, and provide arbitrage opportunities. However, users must be cautious about regulatory and tax issues to ensure their operations are legal and compliant. This is a high-profile project in the NFT space.Read More ››

Ukennedy99 avatarUkennedy9918905.00
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Good usecase project.
13 Nov 2023

I have read their whitepaper to learn more about how they reduce tax. Actually we all know that only few nfts are useful and for majority of nfts we don not find exit liquidity after some time. So they enable you to sell your nfts in exchange of some JAY token, that way you realise loss and it reduce your tax liabilities. It is an good idea by team. Read More ››

Gabrujaat avatarGabrujaat122365.40
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I think it is very thoughtful and provi
13 Nov 2023

The Jaypeggers vault not only collects tax losses from NFTs, but also provides arbitrage prospects for NFT traders. I think it is very thoughtful and provides convenience for many friends who need NFT tax loss harvesting services. The platform is also easy for beginners to use. Its interface is simple and clean, I really like it.Read More ››

horrin avatarhorrin274032.10
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Jaypeggers
11 Nov 2023

slightly limited in functionality, but overall not bad. I think if handled correctly the team will be successfulRead More ››

alise avataralise15118.75
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Jaypeggers Magic Store Trust Score

  • Security Validators Score
    • 24.10.2023Validation Date

Jaypeggers User Trust Reviews

good workHigh
21 Oct 2023

I have been watching it for a couple of days, I will continue watching and interacting. excellent project and very ambitious and good work.I have been watching it for a couple of days, I will continue watching and interacting. excellent project and very ambitious and good work.Read More ››

Walter avatarWalter7323.35
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good workHigh
21 Oct 2023

I have been watching it for a couple of days, I will continue watching and interacting. excellent project and very ambitious and good work.I have been watching it for a couple of days, I will continue watching and interacting. excellent project and very ambitious and good work.Read More ››

Walter avatarWalter7323.35
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Audited and battle testedHigh
17 Oct 2023

Jaypeggers was audited by CredShields and has been battle tested with over 7000 transaction on the smart contactRead More ››

bluederpyfi avatarbluederpyfi55.00
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A platform for NFT tax optimizationHigh
12 Oct 2023

A platform for NFT tax optimization and a thrift store driven by upward-only economics. Acquire $JAY tokens through NFT tax optimization, create income streams using $JAY and $jUSDC, and explore opportunities for arbitrage across various pairs.Read More ››

PeterTom avatarPeterTom985.00
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Jaypeggers FAQ

Jaypeggers uses blockchain technology to ensure the authenticity and ownership of digital artworks. Each transaction is recorded on the blockchain, providing an immutable record of authenticity and ownership.

Yes, artists on Jaypeggers earn royalties on secondary sales of their digital art. This ensures ongoing income for creators every time their art is resold.

To mint an NFT on Jaypeggers, artists upload their digital artwork, provide necessary details like title and description, and use the platform’s minting tools to create the NFT on the blockchain.

Yes, Jaypeggers hosts exclusive events such as artist showcases and auctions. These events provide additional exposure and opportunities for creators to engage with collectors.

Yes, collectors can resell digital art on Jaypeggers. The platform supports secondary sales, and artists earn royalties from these transactions, promoting a sustainable art ecosystem.


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