CrunchSpark Blog

NFTs are valued based on their scarcity, utility, liquidity and collectability. Factors such as the popularity of the NFT, its age, and the reputation of the creator are also taken into account.

A comprehensive list of online resources for all your crypto accounting and tax needs.

When accounting for ICO deferred income, the company should record it as a liability on the balance sheet and any associated costs as an expense on the income statement.

Web3 companies fundraising in today’s markets face different common issues at each stage of funding. From pre-seed to Series B and beyond, challenges are influenced by business models, execution, market dynamics and investor sentiment.

In the world of Web3 start ups, the role of a fractional CFO is indispensable. These part-time financial executives provide the expertise, strategic insight, and flexibility that Web3 startups need to thrive.

We support Web3 businesses with their accounting, reporting and data analytic processes for fiat and crypto transactions, solving for an increasing number of blockchain accounting challenges.

Web3 businesses are often founded by visionary technical experts skilled in blockchain development but lacking expertise in accounting and finance.

The inspiration for CrunchSpark came from the need to solve common challenges in the crypto world - accounting, reporting, and data analytics for high volume transactions of complex digital assets.