TLDR
An NFT is a ‘Non-Fungible Token’, or in other words: a unique piece of digital art. For the first time, digital art can be reliably verified. The way an NFT can be created and traded is by using platforms built upon Ethereum. However, the way in which this consensus is reached, and these changes reflected, is not very environmentally friendly. This method of verification requires a lot of computing power for it to function, and therefore, the electricity is produced in ways that harm the environment and the wellbeing of all organisms that live within it.via the TL;DR App
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Written by karimh | Crypto and blockchain enthusiast
