It is no secret that NFTs have exploded in popularity and value. However, there is concern that the increased interest in digital assets will negatively affect the environment given the energy used to sell them. We in Oaro see this. Many involved with the crypto industry have voiced concerns about these adverse effects.
People like Elon Musk, Jack Dorsey, and Senator Elizabeth Warren are just a few discussing this issue. We are very proud of our green credentials in that we have created eco-NFTs which are powered by the OARO private cloud blockchain platform. The platform is considered an environmentally friendly alternative to the other public blockchains. The NFTs created on OARO require less energy to mint and sell than other blockchains like bitcoin and ethereum; we have one of the most efficient blockchains in the market which require much less energy because of the reduction in computational resources needed to run it. An exciting piece of technology. More to come!