NFT IS THE NEW BLACK!
You must have heard of the NFT craze! You might have absolutely no clue about what it means, why are people so into this new trend and why it’s the talk of the town wherever you go.
Sus. live would like to enlighten you on the topic so that you can also be aware and know more about the different NFT’s that exist. Plus, some are even sustainable!
Let’s learn more.
What are NFT’s?
NFT stands for “non-fungible token”.
NFTs are “unique” assets in the digital world that can be bought and sold like any other asset, but they have no tangible form of their own.
This is the case with a work of art, for example, a painting like the Mona Lisa, which is unique. You can take as many pictures of the painting or buy copies, but they will never be worth the unique original painting.
Your NFT is your work of art!!!
How does NFT work?
Most NFTs are part of the Ethereum blockchain. You are wondering what the Ethereum blockchain is.
Ethereum is a cryptocurrency like bitcoin whose blockchain also supports these NFTs, which store additional information that makes them work differently. Some blockchains can implement their own versions of NFTs like SusNFT. We have our own marketplace that offers SusNFTs in exchange for Sustokens that you can earn through your acts of goods.
Why is NFT the new black?
We say that NFT is the new black as this new form of Crypto media became suddenly fashionable or popular. If lots of people around the world became interested in cryptocurrency, they’re now turning to NFT’s. Supported by the blockchain, NFT is a new form of crypto-currency that uses technology to catalogue, buy and sell digital collectables, including art, music, video games and more. This is getting the crypto-community super exciting.
NFT’s is said to become the new trend of fine art collecting in the form of digital art. The culture and value of art are being recalibrated and taken to a new dimension, a digital one thanks to NFTS.
Some are even worth millions. There is a new emerging NFT community regrouping people who earn, buy or exchange this digital piece of art in the crypto sphere.
Sustainable NFT’s available on the marketplace
You can be part of the NFT community while adhering to your sustainable values and eco-friendly consciousness. How can you do this?
You can choose sustainable NFT marketplace that have low or no carbon emissions and encourage sustainable actions by opting for GreenNFTs while getting your digital piece of art.
GreenNFTs is a non-fungible token exchange (NFT) organization that uses NFTs to support a forward-thinking environmental cause. The environmental impact resulting from the amount of energy used by the proof-of-work consensus algorithms that power projects like Bitcoin and Litecoin is well documented. Green NFTs not only support sustainable initiatives, or use the money earned by NFTs to enable sustainable deeds to save the planet, some even turn oil waste into green energy that powers cryptocurrency mining. Others encourage sustainable acts of good in exchange for NFTs. For instance, this is exactly what SUSNFTS empowers.
What is SUSNFT?
SUSNFT is a sustainable NFT as it cannot be purchased against money or any monetary form on the SUSNFT marketplace . You earn your NFT’s by redeeming sustokens that you can win by creating and sharing eco-friendly content to raise awareness on sustainable living .
Want to join the NFT community while being aligned to your sustainable values. You can even earn your SUSNFT without spending your money. Just be creative, create sustainable content and earn your SUSTOKENS to get your SUSNFT.