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NFTs and the Environment: What You Need to Know

Financial Concepts

Definition

Non-fungible tokens (NFTs) and ordinals are assets that are tokenized using a blockchain. Because blockchains use energy, NFTs can contribute to greenhouse gas emissions and climate change through their production, exchange, and storage. Learn more about NFTs and ordinals, their environmental impacts, and steps users can take to be more aware. Key Takeaways Non-fungible tokens (NFTs) may contribut

In Panel Profits

In the Panel Profits market platform, NFTs and the Environment: What You Need to Know applies standard financial concepts principles to comic assets and physical collections.

Common mistakes

Do not infer unobserved prices.