why is nft bad for the environment
A non-fungible token is a cryptocurrency component that cannot be divided or shared without losing value. This is the same for any other crypto component such as Bitcoin, Ethereum, ZCash and others. Non-fungible tokens are primarily used in the gaming industry so that players can trade their digital assets in games like CryptoKitties, which has caused a lot of controversy in recent times due to its intense resource usage, which ultimately led to overloading the Ethereum network and making it temporarily unusable by users. image source: mintspace.io A non-fungible token is a token that can not be replicated. The issue with this type of token is that it needs to be mined. Mining uses a tremendous amount of energy and resources which has caused many people in the environmental space to form an opinion on this topic because it's not sustainable for our planet to continue mining these types of tokens indefinitely because it will eventually consume too much resources for us to not have a