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TOTAL $GAGAIN BURNED 4.2849% (071424)

Latest Community Burns

Each time GAGAIN Burns, Remaining $GAGAIN Value Increases

1,000,000 $GAGAIN Burned July 14th 2024 - Community Spotlight Post, $GAGAIN Guides, Crash & Gagain

487,452 $GAGAIN Burned July 10th 2024 - Community Spotlight Post, $GAGAIN Guides, Based Apes

485,235 $GAGAIN Burned July 10th 2024 - Community Spotlight Post, $GAGAIN Guides, Link TBA

100,000 $GAGAIN Burned July 10th 2024 - Artist Spotlight Post, $GAGAIN Guides, Link TBA

This Is One Community Takeover

You Just Cant Miss

Jake $GAGAIN has taken the crypto universe by storm. His fans and following brought him to life on base. The (CTO) community takeover occurred on June 27th 2024, immediately after launch on Ape Store and liquidity burned. Strong communities build strong tokens. Strong tokens power the blockchain. Join us as we share the blockchain and burn $GAGAIN to do it.

Curated Crypto News Feed by $GAGAIN Community

New Tax Rules for Crypto

IRS Issues New Crypto Tax Rules for 2025: Simplified and Streamlined Reporting

August 10, 20241 min read

Original Article: Crypto Taxation in 2025: New Rules Just Issued

IRS has new tax rules for crypto

Article Key Takeaways:

  1. Updated Form 1099-DA: The IRS has released a revised draft of Form 1099-DA, which is crucial for crypto brokers and investors for reporting transactions.

  2. April Draft Improvements: Initial improvements in the draft include the inclusion of token codes and wallet addresses intended for both taxpayer and IRS use.

  3. Broker Identification Uncertainty: There was initial uncertainty on how the IRS would determine which entities qualify as brokers under the regulation.

  4. Clearer Instructions: The updated draft simplifies reporting by removing the requirements to document wallet numbers, transaction IDs, and transaction times.

  5. Broader Regulations Coming: The IRS plans to introduce regulations for decentralized and non-custodial brokers later in the year.

  6. Public Consultation: Stakeholders are invited to submit comments on the new draft, reflecting the IRS's open approach to feedback.

  7. Exclusion Details: Entities solely providing ledger validation services (proof of work/stake) are not classified as brokers needing to report under these rules.

  8. Clarified Broker Types: The IRS clarified the definitions concerning the types of digital asset brokers, aiding in compliance.

  9. Complexity Reduction: Key problematic aspects of earlier drafts have been streamlined to ease reporting burdens.

  10. Continuing Evolution: The guidelines indicate ongoing adaptations to cryptocurrency regulations and taxation as the market matures.

  • This post was created by the $GAGAIN community and should not be taken as financial advice of any kind. This content within are strictly for entertainment purposes. Investing into cryptocurrency is extremely risky. You could lose everything, or you could 1000x. Be sure to DYOR before buying any cryptocurrencies.

Have an article you want to share with the community? JOIN $GAGAIN TELEGRAM

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COMING SOON - MEME COIN HERO SPOTLIGHT

Burn $GAGAIN to Showcase Your Project Here

About $GAGAIN

$GAGAIN is the cryptocurrency incarnation of Jake Gagain, professional digital content creator and sensational investor. GAGAIN is a community driven initiative that strives to bring people together on Coinbase's base chain ethereum network. However, $GAGAIN does it in a way that many other cryptocurrencies, memecoins, and projects have failed to do in the past. We are 100% community driven. No one person or entity controls this project, it is shared across thousands of cryptocurrency investors on the blockchain. The community showcases crypto stories, blockchain projects and other initiatives in the base chain ecosystem. The community aims to help drive mass adoption for crypto and propel community engagement for new projects. The only requirement is that they must burn...

About Jake

Meet Jake Gagain, the mastermind behind the meteoric rise of Brett, Peipei, and Landwu - three cryptocurrency sensations that have left the market in awe. With his unyielding passion and razor-sharp instincts, Jake has spearheaded a campaign that has catapulted multiple digital assets to unprecedented heights, earning him a reputation as a trailblazing crypto personality.

THE METEORIC RISE OF JAKE GAGAIN

JAKE'S SUCCESSFUL PROJECTS

BRETT ON BASE

A legendary character inspired by Matt Furie’s Boy’s club comic. The blue mascot of the blue chain, BASE.

PEIPEI

Step into the realm of PEIPEI Token, where the world of memes meets the enchanting essence of Chinese culture.

LANDWU

Meet Land Wu, the legendary Boys Club character who effortlessly blends Chinese astrology, animal elements, and degen culture.

TOKENOMICS

SAFE CONTRACT DEPLOYMENTS = LOYAL COMMUNITIES

1BILLION

RENOUNCED

LP BURNED

JAKE 3%

ROADMAP = BURN

WHITEPAPER = INCOMING

WHEN $GAGAIN TOKENS BURN, $GAGAIN RISES IN VALUE

HOW MUCH WOULD YOU BURN FOR YOUR PROJECT TO SUCCEED?

COMMUNITY LEADERS

Vulture

Forged

C L

Prince Meezy

Lin

Young Trap

Hani (Doomer CTO)

PARTNER COMMUNITIES

Looking to Connect?

Reach Out To Our Team

$GAGAIN FAQS

How do I get $GAGAIN?

You can get $GAGAIN by swapping base ETH from your base chain wallet through a decentralised exchange like UNISWAP - top of page.

What is $GAGAIN for?

The utility of $GAGAIN is determined by the community. Be it funding projects, charitable donations, or used as a store of value, $GAGAIN use cases grow every day. Right now, community members are requesting spotlight articles and exposure of their favourite base chain meme coins, private telegram groups, and crypto artists/promoters. Instead of paying ETH for project visibility as most projects do, $GAGAINers are burning their $GAGAIN tokens to showcase them on basedgagaincto.org. Each time $GAGAIN burns, tokens increase in value. And as more people visit basedgagaincto.org, promotions and features gain more exposure.

Does Jake himself hold $GAGAIN?

Yes he does!

His public wallet currently holds 3% of the total supply of $GAGAIN. A gift from the contract developer and other community members upon launch. Jake himself may have a blockchain project or endeavour that he'd like exposure for in the future. How much $GAGAIN do you think he'd burn to show it off?

Centered DEXTools Trading Chart

DEXTOOLS: $GAGAIN

DEXSCREENER: $GAGAIN

TELEGRAM COMMUNITY:
https://t.me/basedgagaincto

$GAGAIN is a meme coin with no intrinsic value and doesn't guarantee a financial return; its value is determined by the global community. Content on this website is for entertainment only and not financial advice. Engage at your own risk, as purchasing or selling tokens involves potential losses and high volatility. The authors and project participants do not accept liability for any losses incurred. This website is not an offer or solicitation to buy or sell any product, and is not directed at persons in jurisdictions where such activities are prohibited. Always consult local laws before transacting in cryptocurrencies.