NFTs have a bad reputation for destroying the environment. Because they do.
When you mint an NFT with Ethereum, you have to pay a gas fee.
Then, those fees are given to the "computers" that are running the blockchain. While more power the
"computer" uses, more contribution to the blockchain it has. And the greater the contribution, the
higher the pay they receive.
That was an oversimplified explanation, but, basically, the blockchain rewards people for using
energy. That's known as "mining". Mining exists because the blockchain has to run
somehow, because the blockchain isn't a server, it's just a bunch of random people computers running a
network. The problem is... Using that amount of energy for just "posting images on the blockchain" may
be messed up.
Our NFTs don't.
Our NFT marketplace requires you to operate with HBARs. Hedera HBAR
is a cryptocurrency
that doesn't even use the 0.1% of the energy Bitcoin or Ethereum uses.
Remember the "mining" concept we told you
about like 5 lines ago? Well, you can't mine HBARs.
That's right. No random people wasting
energy, heat and GPU's.