Minting a non-fungible token is a very energy-intensive method. A method called ‘proof of work’ is used to mint these NFTs. This may have some harmful effects on the environment, such as a high carbon footprint. Jump.Trade's Cricket Digital Collectibles were minted using proof of stake are designed to limit environmental harm.
Calls for sustainable NFTs: Since NFTs are slowly gaining more traction, the conversations about sustainable NFT solutions is unavoidable. Companies are thinking of ways to facilitate 100% carbon-neutral transactions. Blockchain platforms like Ethereum have no choice but to find ways to make the necessary changes in response.