A Commitment to a Pristine World Ecology by the NFT Ecosystemby@ralphbenko

A Commitment to a Pristine World Ecology by the NFT Ecosystem

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Some have raised concerns about the emission of carbon by NFTs. This paper reviews the literature addressing such concerns. New Pavilion is a creative consultancy developing authorized, respectful, non-fungible tokens (NFTs) NFT's use about 3% of the. Ethereum network's energy use is about 0.02% of our total CO2 footprint based on estimates, depending on the year, crypto mining rates, and how much coal renewables you think they use. NFT’s and crypto art are an even smaller fraction of that 0.01% of that.

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