Artists have sold many non-fungible tokens (digital collectibles), which has shaken the art world and created chances for artists and content creators. It has paved the way as mainstream audiences are encouraged to investigate non-fungible assets. However, the world carries the brunt of the adverse effect of NFTs through carbon emissions. Making digital artworks requires massive computational power, resulting in greenhouse gas emissions. When an artist uploads his work and taps a button to "mint," the artist generates a process for mining. This requires complicated problems, processing power, and humongous energy. The preferred platform for NFTs, Ethereum transactions, uses a pr...
Keep on reading: NFT Environmental Impact – Everything You Need to Know
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Thursday, February 3, 2022
February 03, 2022
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