NFT Energy Policy

We have started with the Manchester based Known Origin as they are a special site for artists, and local (not that anyone would know). We are Featured Artist with art video NFTs for sale, please visit:

Micro Arts MA1 Cube Collection – a reworking of the original “Abstract Originals” data cassette.

Please note on Known Origin, the mint gas price covers all of the editions. We have also considered lazy minting, where the NFT is only made on actual sale, not at start.

Known Origin’s energy policy reduces energy footprint by 50% and includes artists and community commitments.

We will also be minting NFTs on various low energy Proof of Stake platforms, including those using Tezos (Kalamint, Hic et Nunc) and Solana (Solanart).

Please visit: Known Origin Eco Energy Policy

Note

Generally, it seems that because art is seen as frivolous and a wasteful activity, it should not use energy in production, or as little as possible. Crypto has expanded enormously and it is only now that art has arrived in the mix that energy use has become such a hot topic.

NFTs and the whole of crypto industry did not appear in Cop26 climate talks, as irrelevant. Basically it is just a tiny part of the computer industry, which is seen as a Good Thing.

Do people need to stream binge boxsets, concerts and now art (NFTs) and art shows? Or change their laptop and phone every year or two, so they post complaints about people using energy? If the answer is ‘no’ then we must remove all culture from the planet, not just NFTs.

This is what Memo Akten would call a ‘whataboutism’ objection, but the figures don’t stack up, unless NFTs are taken out of the context of a massive, always expanding, global computer industry, in which they are just a new fad or revolution in art production and consumption.

A few years ago the discussion around blockchain was ‘no use case’ – now it is ‘use so much energy planet will explode’.

For more on decarbonising the blockchain industry see Crypto Climate Accord