The appeal of NFTs for artists is undeniable, but they should first consider four key factors that maximize eco-friendliness argues insider0x
from PoW to PoS, rumored to be coming this fall, will allow it to become roughly 2000 times more energy efficient and reduce total energy use by 99.95%.Another alternative to circumvent the excessive energy consumption of PoW is sidechains, which are independent blockchains that operate parallel to mainchains like Ethereum. This independence allows sidechains to enact their own rules surrounding transactions, security and governance.
There are many ways that projects can make a dedicated effort toward attaining carbon neutrality, such as implementing carbon offsets through integrations with carbon removal projects. Take, for example, Rarible’s integration with popular carbon removal marketplace Nori earlier this year, which allows anyone to offset carbon footprints for most Ethereum NFTs listed on Rarible.
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