CoinCodex: NFTs Are Dead. Long Live Green NFTs
Did you get the memo? NFTs are dead. What? Just as you started to understand what NFTs actually are, they died? This industry moves too fast to keep up. Well hold your horses, it's not that simple. The bottom line is NFTs, which are non fungible tokens, where each one is unique, can be anything from gifs, to songs, to tweets, to artwork and they are most commonly bought, sold and minted on the Ethereum network. This energy guzzling network has been giving NFTs a really bad name. Note Elon Musk’s recent tweets about their carbon footprint. As such the demand for NFTs based on Ethereum is dropping fast.
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- Read full article on: CoinCodex
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