Read on Twitter
Seeing a lot #gamedev (particularly pixel artists (?)) flirting with NFTs and starting a journey down a worrying road. A very quick thread!
If you& #39;re aware of the problematic aspects of NFTs already and still on this path, HOW DO YOU SLEEP AT NIGHT, but if you& #39;re not and are blissfully unaware of the cons, a bit of info I hope is eye-opening:
Most will know already, but NFTs - specifically the mining of ETH which is at the heart of it - is colossally bad for the environment. This is *the main* reason why NFT artists are controversial figures, but there are other logistical/ownership issues that aren& #39;t relevant here.
Estimates show that "one NFT transaction is likely to have a carbon footprint more than 14 times that of mailing a physical art print, which Quartz estimates at 2.3kg CO2." [quote from article in subsequent tweet]
A single transaction of art - pixel art or otherwise - has a *very* high carbon footprint — Digiconomist’s estimate a single Ethereum transaction is roughly equivalent to 74 000 VISA transactions. (!)
I& #39;ve much more to learn about the whole argument, but for proper insight into NFTs impact on the environment (and a good look at alternatives), this article is pretty great -- https://earth.org/nfts-environmental-impact/">https://earth.org/nfts-envi...
(Worth noting, for the sake of fairness, that there are non proof-of-work blockchain alternatives which have dramatically lower energy consumption rates - but Ethereum mining is still driving the bulk of NFT work)
Whew! Glad that& #39;s out my system. Enjoy your days, folks
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