NZ Herald nzherald.co.nz 30 Apr, 2021 01:45 am

NFTs are shaking up the art world. They may be warming the planet, too

NFTs are shaking up the art world. They may be warming the planet, too
New York Times: The blockchain technology comes with enormous greenhouse-gas emissions.

Photo / 123RF When Chris Precht, an Austrian architect and artist, first learned about nonfungible tokens, the digital collectibles taking the art world by storm, he was so enthralled, he said, he "felt like a little kid again".Website of the Year An NFT is a piece of artwork stamped with a unique string of code, but the coding process comes with enormous greenhouse-gas emissions.

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