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Home > Blog > NFTs Are Shaking Up the Art World. They May Be Warming the Planet, Too
MONDAY, APRIL 19, 2021

NFTs Are Shaking Up the Art World. They May Be Warming the Planet, Too

A few weeks ago NFTs burst into headlines when Christie’s sold the digital art of the digital artist known as Beeple for more than $69 million.

See our blog post on that event here.

The environmental price of NFTs and cryptocurrencies like Bitcoin are as mind-boggling as the auction results. According to this article by the New York Times, an average NFT requires the energy equivalent of driving 500 miles in a gas powered vehicle. Read more here.

Posted 2:00 AM

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