Cryptocurrency News

Could GameFi and carbon currencies reverse blockchain’s climate stigma?

05/25/2022

Less than a minute

2022.05.25 07:21

Could GameFi and carbon currencies reverse blockchain’s climate stigma?

Nonfungible tokens (NFT) and blockchain technology have developed an unfortunate stigma in some sections of the community for being bad for the environment — but could that perception be changed by integrating carbon offsets into NFT gaming?

GameFi, or gaming finance, marry NFTs and gaming. Blockchain games account for nearly $12 million in daily volume from over a million gamers according to app tracker DappRadar. Toucan Protocol COO Rob Schmitt thinks that volume and those users could be harnessed to benefit the environment.

05/25/2022

Less than a minute

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