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

Cointelegraph

Published May 24, 2022 09:51PM ET

Updated May 24, 2022 11:40PM ET

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.

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