Hi all! I am doing a work about NFT’s, its usage in advertising / marketing / brands and sustainability impact.

I was wondering what are your thoughts about impact for environment and how ethical do you find usage of NFTs?

Do you think it’s a necessity? What are your thoughts about brands such as Nike, Taco Bell etc using them?

Finally, what are your thoughts on legal value as they aren’t giving grants on copyright permission?

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It's not a necessity any more than a rare painting or collectible baseball card is, but there will be collectors and speculators for them nonetheless.

As soon as Ethereum upgrades to ETH 2.0, it'll use "staking" instead of "mining" having a much lower environmental impact than before.

~56% of energy used mining Bitcoin is green. I think it would be safe to assume that the other cryptos are likely not much off from that.

Personally, I'm pretty minimalist. I don't collect "stuff" physical or digital, but other people do and the environment impact of minting NFTs is not actually that high and, with technological improvements, will be declining.

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You are welcome, good luck!

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Those companies should! If they gave fans that want digital collectibles, no reason not to

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Are you doing that work in a company or consulting firm?

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For everyone asking, it’s a university work. Not a company or anything else, so would be great to hear any thoughts - no biases! :)

How come electricity is considered clean for cars, yet the same electricity is considered dirty for crypto?

Not sure, doesn't make any sense to me

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