What's The Link Between NFTs And Climate Change?

The video discusses the energy consumption of NFTs, particularly on the Ethereum blockchain, which uses a proof of work model. This model is energy-intensive, contributing significantly to carbon emissions. Alternatives like proof of stake, which is more energy-efficient, are being considered. The video also explores the carbon footprint of NFTs and the potential for green solutions to mitigate environmental impact.

What new insight or understanding did you gain from this video?