In a surprising turn of events, it turns out that 95% of NFTs are worthless. I’m shocked.
To make things even worse, all of these dead NFTs are consuming energy just by being maintained on the blockchain. That energy adds carbon to the atmosphere to the equivalent of “2,048 US homes, 3,541 US automobiles, or 4,061 passengers flying from London, UK, to Wellington, NZ” per year.
NFTs were fun when we were all locked down, but can we move on and put a stake through the heart of this vampire?