The new Unsellable service, created by businessmen Skyler Hallgren and Zach Miller, buys depreciated NFTs.

The company purchases non-interchangeable tokens for 1 cent so that their owners can get rid of illiquid assets and document the losses incurred as a result of the purchase of NFT. This will reduce the amount of tax deductions to residents of countries that have legalized cryptocurrencies.

Unsellable has created an NFT collection called The Unsellable Collection ("Unsellable Collection") and adds all purchased tokens to it. As conceived by Hallgren and Miller, The Unsellable Collection will eventually become a collection of "artifacts of the early Web3 era".

Tokens from The Unsellable Collection on the OpenSea market

To get rid of unnecessary NFTs, Unsellable clients should:

Link a crypto wallet to the Unsellable portal;
Select a token;
Click on the sell option;
Pay a commission of about 0.0033 ETH (approximately $4).
In return, the service will send 1 cent and a receipt for the purchase of the coin. The company is currently acquiring assets issued only on the Ethereum blockchain. The Unsellable Collection already consists of more than 5000 NFT. Hallgren is confident that by the New Year the collection will already include 15,000 tokens.