Therefore, one can easily estimate the carbon footprint of blockchain technology.
For one, the world started seriously talking about NFTs only after the titled Everydays — The First 5000 Days by American artist Mike Winkelmann, better known as Beeple, as an NFT on 11 March 2021.
Outside digital art and collectibles, NFTs have found use cases in gaming, where they can represent plots of virtual land, avatars and skins for game characters, in-game items, and more.