The debate over artist Royalties is heating up as Magic Eden, a major NFT based game and marketplace, moves to "optional royalties" to withstand their competitors and purchasers who are working around the system to save on fees. Web3 was supposed to be the saving grace for creatives who rarely see compensation after an initial sale. Was it a short lived dream? Eli Tan from Coindesk joins the show to explain how the market is shifting, and Rebecca Rose offers her take from an artists perspective. 

Plus, Roofstock is making headlines for selling a home as an NFT in South Carolina. We've seen homes sold as NFT's earlier this year, but what sets this one apart is that it was completely sold AND financed on the blockchain. We're joined by Sanjay Raughavan, head of web3 Initiatives at Roofstock onChain and Geoff Thompson, Chief Blockchain Officer, to learn why more buyers and sellers may take this route in the future.

Last, this week the IRS announced that the 2022 guidelines will now require investors to recognize the gains and losses generated by NFT's on their taxes. Kate Irwin from Decrypt gives Shira the breakdown of what the IRS changed exactly, and what you should expect when you file next year. 

00:01 - Welcome

00:40 - Weekly Headlines

5:55 - Rebecca Rose Artist - Royalties for Web3 artists

6:30 - Eli Tan writer at Coindesk - "Magic Eden's" new Optional Royalties

12:00 - Geoff Thompson and Sanjay Raughavan from Roofstock OnChain - Buying + Selling a home on the blockchain

20:33 - Kate Irwin Writer at Decrypt - IRS vs NFT's