turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Jason_K
New Member

Currently aquiring "Neos Credits" in vr program that minted from the ETH blockchain

A vr program I have been using lately called NeosVR makes utilization of an internal currency called Neos Credits (NCR). This NCR is minted when Neos sends ETH of equivalent value to the minting address. This NCR (currently) is distributed to patreon supporters based on the tier they supported at. Will I need to keep track of this NCR aquisition? As NCR is a fungible value that is easily adjusted and moved between users of that platform, but it can be converted into ETH. If I will need to keep track of this NCR, what exactly will I need to track?

 

Here is the current up-to-date information about what NCR is: https://wiki.neos.com/Neos_Credits

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies