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Devin Conley
@conley
0/ Introducing “Garage Sale”, an ethereum app to sell old NFTs for tax savings and to auction off those tokens at a discount https://garagesale.finance/
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Devin Conley
@conley
1/ Garage Sale is an endless buyer of low value and illiquid tokens, helping you harvest losses to offset gains and lower your tax bill. Just send over any ERC721 or ERC1155 token on ethereum and the Garage Sale contract will buy them for a few gwei each 🤝
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Devin Conley
@conley
2/ Meanwhile, all the tokens sold to the contract go straight to the auction block. Garage Sale runs continuous dutch auctions for anyone to purchase these in bundles. Every 15 minutes, a new shuffled set of items goes on sale 📦
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Devin Conley
@conley
3/ Cool features of Garage Sale - Easy tax-loss harvesting on old NFTs - Support for both ERC721 and ERC1155 tokens - Continuous dutch auctions for item resale - No new token approvals required - No platform fees to use - Find a new home for your (once) beloved tokens ❤️
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