Overview
A summary of Jaypeggers and the JAY token economic model
Jaypeggers facilitates the sale of NFTs through the issuance of the JAY token (ERC-20).
JAY is a financial tool that provides the exit liquidity necessary to sell your NFTs. Users pay a small fee to Jaypeggers for each NFT they wish to sell. Jaypeggers issues JAY to the user in proportion to the number of NFTs being sold. This transaction enables users to realize a loss on their NFT(s) and ultimately reduce their capital gains tax liability.
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