WAX Is Certified Carbon Neutral

Published on: 01.06.2021

Carbon footprints is a constant issue because it has a negative effect in the environment.

Non fungible token uses excessive energy when minted in the Ethereum blockchain.

But not all NFT minting is harmful.

The Worldwide Asset eXchange (WAX)is certified carbon neutral since 2019 and is taking action to erase carbon footprints associated with NFT.

“WAX was designed from the beginning to be incredibly energy efficient. That is why WAX NFTs use a tiny fraction of the energy of Ethereum and Bitcoin. In fact, WAX is 125,000 times more energy-efficient than Ethereum and WAX is already carbon neutral.”

William Quigley,co-founder of WAX

Aside from being carbon neutral,WAX NFTs are also affordable.WAX does not charge gas fees. Peer-to-peer trading is free on WAX.Users only pay commission when selling NFT on WAX marketplace.

Truly,WAX provides another way of acquiring NFTs without the hassle of high gas fees and bad environmental side effect.

#SmartCrypto

Market Stats:
BTC Dominance: 57.4%(-0.72%/24h)
ETH Dominance: 12.7%(+0.54%/24h)
Defi Market Cap: $97.07B(+7.78%/24h)
Total Market Cap: $3250.71B(-2.61%/24h)
Total Trading Volume 24h: $241.91B(+21.86%/24h)
ETH Market Cap: $411.95B
Defi to ETH Ratio: 23.56%
Defi Dominance: 2.86%
Altcoin Market Cap: $1384.81B
Altcoin Volume 24h: $157.11B
Total Cryptocurrencies: 32413
Active Cryptocurrencies: 10196
Active Market Pairs: 90931
Active Exchanges: 762
Total Exchanges: 9627
BTC: 94135.5$(-0.33%/1H)
ETH: 3422.79$(-0.51%/1H)
AVAX: 41.55$(-1.58%/1H)
BNB: 641.8$(-0.17%/1H)
MATIC: 0.55$(-0.77%/1H)
FTM: 0.96$(-1.05%/1H)
ADA: 0.97$(-0.61%/1H)
DOT: 8.31$(0.3%/1H)
UNI: 11.45$(0.3%/1H)
CAKE: 2.76$(-0.81%/1H)
SUSHI: 1.09$(-0.53%/1H)
ONE: 0.02$(-0.33%/1H)