Until I read this:
Ethereum uses as much electricity as all of Libya, and the digital artist Memo Atken calculated that, due to the blockchain transactions involved in minting an NFT, the average NFT has a carbon footprint equal to over a month of the average EU citizen’s electricity usage.
*Yeah, I have no idea what an NFT is either – was just trying to be one of the cool kids.
5 thoughts on “Was thinking about converting one of my books into a GIF and selling it as an NFT*…”
I think you should. Just for the lols.
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To me, NFTs are inherently lol-able so, yeah, my book as one would be even more so. But even as self-indulgent as I am, I couldn’t justify all the electricity wasted/carbon produced to create it… and the lol. lol