You may have heard about NFTs from the outcry around environmental impact. See: here, here and here. The energy requirements surrounding the creation and sale of NFTs on existing marketplaces are irresponsible and unsustainable.
Voice is proud to stand apart from the negative environmental impact, offering a carbon neutral NFT marketplace experience.
An important note: non-fungible token technology isn’t inherently bad for the environment. It’s the blockchain itself that is built in a way that either uses a lot of energy, or doesn’t.
Here’s how we’re different:
- Voice is > 65,000 times more energy efficient than Bitcoin
- Voice is > 17,000 times more energy efficient than Ethereum
What does this mean in more tangible terms? The average American home has 67 lights (source). If Voice were equivalent to one light bulb, then the power consumption of Bitcoin is 992 homes. Ethereum is 257 homes. Voice achieves this through Delegated proof of stake, a blockchain consensus algorithm which does not require huge server farms to mine for a solution.
Many NFT platforms talk about being ‘carbon neutral’ but rely on carbon offsets. Our transactions are inherently environmentally responsible by not doing the damage in the first place. (It’s important to note that our small carbon footprint as a company, largely due to employee commutes, is offset in partnership with Native).
This differentiation is what drove many environmentally-conscious creators to initially select Voice as their NFT platform of choice. Of course, we also offer a seamless user experience and no gas fees.
Meet some of our climate-conscious creators:
There you have it–you can create carbon neutral NFTs for free, being a part of Web3 without compromising your values.