NFT

NFT NFT pyramid schemes, do they exist?

Are NFTs A Pyramid Scheme?

NFTs are not a pyramid scheme, they are digital assets that can provide real-world value and utility to holders in various ways such as access to events, physical products, contracts, and more.

NFT energy NFT An NFT sucking power through several chords connected to a blockchain mining rig.

How Much Energy Do NFTs Use?

From minting to sale, an NFT uses approximately 340-kilowatt hours of energy. This is more than one-third of the energy an American home consumes in one month.

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