NFT News by Thebittimes.Com

Join Our Telegram channel to stay up to date on breaking news coverage One of the most impactful blockchain concepts that have been gaining traction lately is that of Eco-friendly cryptocurrencies. With the increasing growth of the blockchain sector, there has been a surging demand for projects that can be sustainable in nature. For the same reason, top Eco-friendly cryptos have been introduced into the market in decent quantities in the past. However, it has been seen historically that most of these have simply been cash-grab opportunities for developers. Despite these activities, investors have actively demanded and have been looking for tokens that can provide real value while contributing to a better environment. This requirement has now caused pre-existing projects too, to take a greener approach in the future developments of their operations. Although several such new projects have flooded the market recently, only some have managed to position themselves as high-fundame...

Disclaimer: The Industry Talk section features insights from crypto industry players and is not a part of the editorial content of Cryptonews.com.  There is regular media coverage on blockchain networks consuming vast levels of energy. According to recent reports, Bitcoin alone consumes more energy that the entire population of Argentina.  Therefore, that begs the question - are NFTs bad for the environment? Read on to find out what our research concluded.  IMPT - The Most Eco-Friendly NFTs Overall, we found that while some crypto assets and NFTs can be bad for the environment, this isn't the case across the board. IMPT, for example, is a newly launched project that actually contributed to environmentally-friendly causes through its carbon credit ecosystem.  In a nutshell, IMPT enables consumers and organizations to buy digital tokens that are subsequently converted to carbon credits in the form of NFTs.  Users of the ecosystem can elect to...