Last Updated on December 4, 2023 by Paganoto
The climate controversy swirling around NFTs – The Verge
The climate controversy swirling around NFTs – The Verge
Individual pieces of crypto art, non-fungible tokens (NFTs), are at least partially responsible for the millions of tons of planet-heating …
NFTs Are Hot. So Is Their Effect on the Earth's Climate – WIRED
NFTs Are Hot. So Is Their Effect on the Earth's Climate – WIRED
For digital artists, the attraction of blockchain is a new model of ownership. Crypto art is no more secure from copycats than anything else …
NFTs may be the future of art — but are they … – CBS News
NFTs may be the future of art — but are they … – CBS News
But the digital registry where that piece of art, called an NFT, is stored is responsible for the annual emission of more carbon into the …
Why the climate-wrecking craze for crypto art really is beyond …
Why the climate-wrecking craze for crypto art really is beyond …
Why the climate-wrecking craze for crypto art really is beyond satire … their intended audience isn’t interested in hearing such bad news.
Think cryptocurrency is bad? NFTs are even worse. – Mashable
Think cryptocurrency is bad? NFTs are even worse. – Mashable
Cryptocurrency is already an enormous drain on electricity and has a huge carbon footprint. But NFTs, or non-fungible tokens, …
Cryptoart and NFTs | Good, Bad, but mostly Ugly – ArtThou
Cryptoart and NFTs | Good, Bad, but mostly Ugly – ArtThou
It is only able to possess so much financial value because it has an NFT (Non Fungible Token) – a token, which cannot be replicated, signifying …
“THE ENVIRONMENTAL ISSUES WITH CRYPTOART WILL …
“THE ENVIRONMENTAL ISSUES WITH CRYPTOART WILL …
Cryptoart remakes digital artworks as primarily tokens of monetary worth · Cryptoart creates artificial scarcity for digital objects · Cryptoart …
The Unreasonable Ecological Cost of #CryptoArt. Part 1
The Unreasonable Ecological Cost of #CryptoArt. Part 1
In under half a year, one artist’s multi-edition NFTs have a footprint of 260 MWh, 160 tonnes of CO2 emissions. · The footprint from all NFTs on SuperRare is 6 …
Why would anyone buy crypto art – let alone spend millions …
Why would anyone buy crypto art – let alone spend millions …
Personally, I want to buy only art I can hang on my walls, so I have no interest in buying crypto art. There are also environmental costs.
NFTs and the Environment – Investopedia
NFTs and the Environment – Investopedia
Any energy-intensive process, crypto-related or otherwise, can exacerbate climate change by adding to the atmosphere’s carbon dioxide emissions.
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.