@Sukeshtedla @foflexity @DAPPerD Hello together, I got an important question concerning

Question

@Sukeshtedla @foflexity @DAPPerD Hello together, I got an important question concerning

the performed T-Bond sale of Q1 2021 and I hope you can give me a clear answer to this crucial question:
According to german law coins are taxfree if they have not been sold for the period of 1 year, with the starting time being the day on which these tokens have been bought. Now my question is: When I bought a T-Bond package after the buying process I immediatly received a notice in the history of my buying wallet that I bought T-Bond package (including the corresponding serial Nr.), but the TLOS tokens were locked/freezed in another wallet for a defined period of time and after it I was able to release them into my wallet. Now my question is: When I bought the T-Bond package, was it in the beginning NFTs and after I claimed the tokens (after the freezing period) there were modified to TLOS tokens which I than received in my private wallet or was the content of the T-bond package directly after the buy of the package real TLOS tokens and I was directly the Owner of these tokens, and the only point is that the were freezed in another wallet initally?
I really would be glad if you could give a clear answer, since this is important issue for me, because this decides eighter I must pay taxes in case of selling them or they are taxfree. Thank yo for your help 👍

#blockchain #cryptocurrency #english #telos

0

02.02.2022

3 ответов

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Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope

No, all the TLOS tokens were frozen inside the T-Bond you held but could only be unlocked at maturity. So if you bought on the sale and unstake or sell later, it should be like you held it all for a year. It's like you bought a box full of coins that can unlock for a year. You still always had the coins.

0

02.02.2022

J

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope
No, all the TLOS tokens were frozen inside the T-B...

has there been much demand for the T-Bond NFTs after the funds have been released? I don't see any of the NFTs for sale on the secondary market, so either no-one is selling them or they're getting bought up

0

02.02.2022

Sukesh Tedla · Accepted Answer

It's simple, so when you bought the T-Bond you should bookkeep in your ledger as you spent $1000 to get 10000TLOS and when you claim them and sell them you have to report accordingly. The way the T-Bond NFTs work is when you buy them your account has the NFT which has tokens locked in it, but the actual tokens are in smart contract account. When you redeem the NFT, the NFT is still in your account and the tokens are transferred from smart contract to your account at that time as you are the rightful owner of that NFT.

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