🐯 Incorporating Sustainability 🌱 into the hype of Non-fungible Tokens (NFTs)? 💎

Dig down into NFT's sustainability aspects with concrete examples of its amazing power and its underlying dark secrets.

The first-ever tweet of Twitter CEO Jack Dorsey sold for $2.9 million. A digital trading card of LeBron James’ dunk sold for $208,000. Kristy Kim sold a digital, 3D-rendered house for $500,000. These were all sold as NFTs, or non-fungible tokens: digital works of art with no tangible form. Celebrated by some as a way for artists to reap financial rewards, many condemn this crypto-art as a prominent polluter due to its substantial carbon footprint. Despite the negative effects that they cause on the environment, NFTs are the new frontier of digital art.

In this article, we will dig down into NFT’s sustainability aspects with concrete examples of its amazing power and its underlying dark secrets.

💎 Anthology of the hype. 

A non-fungible token, in essence, is a unit of data stored on a digital ledger.  NFTs can be anything digital - photos, videos, audios, drawings, music. The list of digital files goes on. The fastly growing excitement around NFTs, however, is mainly using this technolog…