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There is regular media coverage on blockchain networks consuming vast levels of energy. According to recent reports, Bitcoin alone consumes more energy that the entire population of Argentina.
Therefore, that begs the question - are NFTs bad for the environment? Read on to find out what our research concluded.
IMPT - The Most Eco-Friendly NFTs
Overall, we found that while some crypto assets and NFTs can be bad for the environment, this isn't the case across the board. IMPT, for example, is a newly launched project that actually contributed to environmentally-friendly causes through its carbon credit ecosystem.
In a nutshell, IMPT enables consumers and organizations to buy digital tokens that are subsequently converted to carbon credits in the form of NFTs.
Users of the ecosystem can elect to burn offset their carbon credits and thus -...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...