Massive Ecological Concerns vs. Passive Non-Fungible Returns
Traditional art market accusing CryptoArt of market manipulation and commodification of art. 🤣 pic.twitter.com/08EG7XJhFK— Artnome (@artnome) March 14, 2021
In light of the @memotv article/thread. I'm looking at the total energy consumption of all my NFTs, & will pay to offset the eco-cost of them using https://t.co/wcC3L2GYGX— Bryan Brinkman (@bryanbrinkman) January 21, 2021
I'll update this thread with my data and receipts. ❤️
Lets all look for solutions and improve. 🌎
Of course some insiders have seen this coming for a while.
It's funny that everybody suddenly worries about the footprint of BTC, ETH and NFTs yet nobody talks about the footprint of millions of Bank physical locations + the footprint of million of employees going to work daily for years. pic.twitter.com/WBJAg0GA9g— Redlioneye.eth (@redlioneye13) March 10, 2021
Why does this NFT scapegoating logic fail?
important to understand that big industries (tv, games, toys) are built on the reality that most artists couldn’t make enough money focusing on their own art. pic.twitter.com/y7mck9wfRX— 𝚂𝚌𝚘𝚝𝚝 𝙻Ξ𝚠𝚒𝚜 🌾 (@scott_lew_is) March 14, 2021
nfts will be a bigger revolution than social networks, bigger than mobile, bigger than gaming, bigger than sports, bigger than music, bigger than events, etc. nfts will persist across all industries in every part of our lives. heads down BUIDLers - time to grind. ignore the noise— j1mmy.eth 📛⛺🦩 (@j1mmyeth) March 14, 2021
#NFTs are here to stay and they will change the ways we interact with each other and with machines. Usecases we cant even think of today— Tschuuuly (@Tschuuuuly) March 7, 2021