Carbon Offsets for NFTs Don't Address the Deeper Problem
Carbon Offsets for NFTs Don't Address the Deeper Problem The NFT space has a ballooning carbon problem. But rather than address emissions head-on, platforms may be turning to at best, self-deception and at worst, greenwashing by relying on carbon offsets. Advertisement Over the weekend, the platform Nifty Gateway ran an auction dubbed the #CarbonDrop that was, it said, “inspired around climate change.” The auction included a Beeple piece that went for $6 million along with a host of other artists whose work sold for an additional $600,000. The proceeds benefited the Open Earth Foundation,...
Source: gizmodo.com