Even if you don't have any artistic talent, these best AI-powered NFT creator apps and art generators can help you get inspired and started in the world of NFTs.

 (NFTs) growing by leaps and bounds, more and more apps to create NFT art are hitting the market, allowing anyone to create unique works of art and potentially profit from their sale. Best of all, with AI-generated NFTs, no paintbrush is needed.

AI-generated NFTs are software designed to generate NFTs quickly using base art for text or sample images. Sometimes, they’re called AI art generators, due to the AI-based software.

Since coming out in 2014, non-fungible tokens (NFTs) have gained plenty of traction, creating a $24 billion marketplace. Not long after, in 2018, AI-generated NFTs began appearing. Today, art created entirely by artificial intelligence is being touted as the “next big thing.”

A collection of AI-generated NFTs created by Botto, a robot artist, recently sold for over $1 million, and some generative art NFTs almost perfectly resemble Monet, van Gogh and other artists of note. In the end, however, AI-generated NFTs are completely unique pieces that transcend the limits of creativity beyond the human touch.

Artificial intelligence is widely understood as the ability of a non-human machine to perform sophisticated tasks and human-like cognitive functions, such as learning, reasoning, perceiving and problem-solving.

When it comes to creating art, the concept of AI is based on the notion that machine learning algorithms can produce original, unique images when trained to parse through massive amounts of image data using GANs, which is short for general adversarial networks. Similar to a painter who has spent years perfecting their craft, AI can learn from intense training to generate original images never before produced.

With one of today’s best NFT generators, you simply need to enter keywords or phrases to create an AI NFT. Using algorithms, an AI art generator analyzes endless pieces of art and creates its own images as unique visual interpretations of the original texts.

This allows AI NFT app users to produce new abstract pieces of art that are based on chosen texts or images. The AI-generated work can then be minted directly to OpenSea, knowing there will never be another NFT like it.

How to Choose the Best AI-Powered NFT Creator Apps and Art Generators

As you can imagine, there are several things to consider when choosing the best NFT creator app. Although deciding on the best NFT generator will largely depend on the type of AI NFT you want to create, here are some important factors worth keeping in mind.

User-friendliness is key when trying to create NFT art, especially for those new to the process. The best apps to create NFT art feature intuitive, beginner-friendly platforms anyone can use to create original works of art.

The best NFT creator apps also provide solid editing capabilities. While some AI art generators only allow for basic color grading, others offer users full control in terms of image manipulation.

When deciding on the best NFT generator for your needs, check to see if the software comes with tools and templates to make the job easier. Unlimited tools often lead to unlimited creativity, and more is sometimes better than less.

Lastly, check to see if the software applies its watermark when you export it. Some AI art generator apps automatically splash their watermark over their users’ art. The best NFT generators don’t use such programmed watermarks, ensuring your work won’t feature someone else’s branding.

There are many options worth considering when researching the best NFT creator apps. What’s important is to understand your needs and account for the factors above while selecting the best NFT generator software for you.

Best AI-Powered NFT Creator Apps and Art Generators

Also, unlike standard online AI NFT generators, Starry gives its users full ownership of the images they create, for both personal and commercial uses. While the AI used by StarryAI isn’t as advanced as Hotpot.ai and some other software on this list of best NFT creator apps, it’s improving daily, and is still better than many other AI art generators.

That said, if your idea of the best NFT generator is one that doesn’t charge you for its service, you may want to look elsewhere, because StarryAI charges a recurring fee for its service. However, if you’re unhappy with StarryAI and don’t think it’s the best NFT creator app ever, you can cancel the service and claim a refund.

• Constantly learning and improving from scanning images folder

Since NightCafe is widely considered the best NFT creator app for bulk art, the simplicity in its design and digital creation process shouldn’t be surprising. Just upload an image, choose from the various art styles available within the software, and let the AI art generator take care of the rest.

Not only will it create awe-inspiring, high-resolution artworks up to 2.2 megapixels, but the bulk-creation mode lets you create hundreds of images simultaneously. With so much to offer, it’s easy to see why NightCafe is one of the most popular apps for creating NFT art on the market today.

• Must buy or earn credits at $0.08/credit and $0.20/credit to continue creating

Similar to NightCafe and a few of the other top NFT generators on this list, using the Fotor AI NFT generator simply requires you to upload an image and select the style of art you want to convert the image to.

That’s really all there is to it. Creating layers, brushing up and adding personal touches can also be performed with nothing more than the click of a button. Furthermore, unlike many of the other apps for creating NFT art, Fotor doesn’t require its users to register an account in order to use the software and download the created artwork.

• Wide variety of art styles and editing options to choose from

In a nutshell, it’s an “AI-powered Amazon and Instagram” for celebrity and art NFTs. However, the AI NFT platform also connects buyers and sellers of physical art, and offers global shipping for physical works in an effort to help artists and patrons transition to the digital art world.

As another of today’s best NFT creator apps, PONS.ai is also the first AI art generator to utilize “Scan & Buy” AI vision technology for art. The people behind this AI NFT app want to empower artists to achieve financially sustainable careers, and it shows — both in the technology used, and the approach they take.

• AI-powered NFT generator and social marketplace

• “Scan & Buy” AI vision technology

• Somewhat more focused on selling than creating

Even if you completely lack the creative gene, Hotpot.ai makes it possible to take part in the NFT movement. As one of the best NFT creator apps, it generates unbelievable art combinations for you.

Best of all, unlike several other apps to create NFT art, Hotpot is simple, fast and scalable. Its users can create NFTs one at a time, or mass-produce them to create NFT collections — and take the market by storm with minimal time and effort, thanks to AI and automation.

• Affordable plans starting from $10/month

• Plans can get pricey, depending on your needs

This AI art generator is unique, and is one of the best NFT creator apps. It targets not just one or two, but a variety of art and painting styles, such as da Vinci, van Gogh and Munch, to name just a few.

In addition to Deep Dream, Deep Style and Thin Style functions, you can also choose from other settings such as enhancement, color preservation, iterations boost, and more. You can even adjust the image resolution and depth.

• Dozens of painting and art styles to choose from

The Dream AI NFT creator app by Canadian startup WOMBO became a viral hit toward the end of 2021, and has continued to evolve into what many consider one of the best all-around NFT creator apps.

Far from being a glorified filter app, Dream does much more than transform existing photos into cartoonish caricatures or faux paintings. Instead, Dream’s AI art generator uses a complex algorithm involving exposure to an immense number of diverse images to transform words or phrases into unique, completely original artwork.

Beginner

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15 Best AI-Powered NFT Creator Apps and NFT Art Generators

Anyone can create music — for proof of this, look no further than Melos Studio. Featuring music NFTs and close artist-fan interaction, it's a music blockchain worth watching in 2022.

Music is the universal language that connects us all. In recent times, however, piracy issues are running rife, with lawsuits in the music industry becoming more commonplace (for example, refer to the case of 

). Thankfully, all is not lost. This problem could well be solved with the appearance of music blockchain platform 

 technology to capture moments of musical inspiration. It functions using a combined decentralized meta and music 

 that creates an avenue for partnership and enables interaction between musicians and other music creators. Its user-friendly interface allows virtually anyone to create their own music with a set of free and easy-to-use tools. The resulting content is then minted as NFTs and uploaded for sale on the 

Apart from enabling the sale of music NFTs, Melos also embraces additional features like 

 and NFT transaction mining. A unique feature about this platform is that 

 are permanently stored on the blockchain and can be accessed at any time. The goal of Melos Studio is to ensure that no music is lost; that the originality of pieces is preserved, for both current and future generations to enjoy.

Melos Studio, an innovative, decentralized music NFT marketplace, was set up in Taiwan in 2020. It’s a unique platform that enables artists, musicians and even content creators to showcase their talent to a community of fans and users. 

The Melos platform serves as a point of convergence for creators, artists, and musicians (and their fans/supporters). Melos Studio’s ecosystem allows creators to earn money on their creations after they’re sold. Its ecosystem runs on the 

Melos Studio is dedicated to providing quality services to the music industry, and to taking the use and value of music NFTs to greater heights.

As of this writing, there are over 800,000 registered users on the Melos platform. In March of this year, the studio announced plans to 

 is the official (or native) token of the Melos Studio platform. Both a 

, this token has several use cases. For example, fans can use the MELOS token to tip their favorite artists, and to gain access to special privileges on the platform (e.g., 

.) The token can also be used to generate funds required for opening a new studio. Revenue amassed from the release of NFTs is shared in the form of MELOS, and distributed to each collaborator.

The ongoing Web 3.0 content creation marketplaceeconomy will be powered by MELOS tokens in the near future.

The NFT creation process works systematically through a series of steps that ensure all creators earn rewards from the sale of NFTs. Here's an example:

With this method, all co-creators of the NFT are entitled to a share of the profit. It also fosters greater interaction between fans and creators. 

This refers to a particular musical work that has been uploaded on the 

This unique feature allows fans to co-create music and rhythm with their favorite musicians on the Melos Studio platform. For example, a virtual band can be created by inviting another creator to forge their individual Musicblocks, resulting in a brand-new Musicblock.

The creators can then decide in partnership to sell their newly created Musicblock NFT, with revenue generated from its sale shared by all parties involved.

 term refers to the mixing of two or more pieces of music on the Melos platform.

 means that a solo Musicblock forms a different tune, for example a new Musicblock.

This term refers to the combination of two different Musicblocks to form a new Musicblock.

Online tools and features are provided on the Melos Studio platform that give users the opportunity to easily create their own music and build it as NFTs on the blockchain.

This feature is particularly useful for newbies, as it helps users complete songs with just a few notes of music.

This is a platform that allows users to drop their music to Melos Studio, and artists to connect with their fans on Web 3.0.

On Melos Studio, “DNA” stores all the information about the creators of each Musicblock NFT. A Musicblock NFT is formed when a piece of music has undergone forging through 

As the forging process is carried out from one generation to another, the DNA information from each set of creators is constantly being uploaded to the Musicblock. This collection of information results in what is known as the “DNA tree.” To receive revenue for their work, all contributors to a Musicblock are traced and rewarded accordingly with the profit generated from their creation.

 Figures below are accurate at the time of writing, and approximated up to two decimal places.

Melos Studio has an interface that’s easy to operate. Music NFTs can be easily minted and sold on the Melos marketplace.

On Melos Studio, all the contributors to a particular piece of art receive rewards from the revenue generated by the work.

Melos Studio fosters community interaction between musicians and music lovers. It also enables fans to creatively contribute to their favorite songs and mint them as NFTs.

As Melos Studio employs relatively new technology that hasn’t been extensively tested, it may have some major flaws/areas for concern that have yet to come to light. Only time will tell if it lives up to its promises.

Is Melos Studio (MELOS) a Good Investment?

Thanks to its unique use cases, MELOS has attracted a steady stream of high-profile investors (e.g., 

) and partnerships since its inception. Its most recent collaboration is with 

, a leading cryptocurrency trading platform — an exciting partnership bound to increase the adoption of music NFTs, and to enhance the musical experience for creators and fans alike. 

With its exceptional create-to-earn feature, it’s just a matter of time before we see a significant increase in MELOS’ value. The features we discussed earlier — Melos Musicblock, virtual bands, the DNA tree, and more — will without a doubt increase the use of music NFTs in the crypto world.

As mentioned earlier, perhaps the most interesting feature of Melos Studio is the recently announced launch of the algorithmically-based content recommendation model on Web 3.0. This serves as a good platform to enable fans access to musical content of high quality. An increase in the usability of MELOS will certainly lead to a corresponding increase in its price.

Create a verified Bybit trading account (for new users).

 Input the amount of MELOS tokens you wish to buy.

 Confirm the transaction and wait for the MELOS tokens to be credited to your account.

Since its inception, Melos Studio has encountered its fair share of challenges. Despite facing multiple difficulties, however, it has been able to persist, and shows great potential in spearheading the next era of music streaming.

Melos Studio developers have mapped out a solid action plan based on the platform’s ultimate goal of having music that can be heard anywhere at any time. If Melos Studio is able to successfully implement the goals, services and objectives it’s listed in its road map, its market value is sure to see a steep increase. Subsequently, this will attract more investors and users.

 such as Melos Studio are making a splash in the crypto scene. So far, things are looking good for Melos Studio, though we’ll have to observe more to make sure.

Intermediate

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Melos Studio (MELOS): A Music Haven for All

Remember the file sharing giant LimeWire? Learn about how it and its LMWR tokens are now the next big thing in the music NFT marketplace scene.

 (NFTs) have catapulted from relative obscurity to soaring popularity. In 2021 alone, trading in NFTs 

, increasing 21,200% from the year before. However, many still struggle with understanding the intricacies of NFTs. Newcomers can find it hard to get on board and start creating. LimeWire offers a possible game-changing solution to this problem. Curious about how LimeWire is making its comeback? Read on as we cover everything you need to know about the LimeWire NFT marketplace and its LMWR token.

LimeWire has taken on a whole new scope and will be nothing like the original LimeWire company of the 2000s. While keeping only the name and domain, the LimeWire NFT marketplace plans to revolutionize digital collectible ownership and trading in the music and entertainment industries.

Instead of competing with existing streaming services, LimeWire wants to provide another channel for creators to sell content exclusively. Through the LimeWire NFT marketplace platform, artists will be able to engage with their loyal fans directly.

Users will be able to buy and trade music-related assets such as cover art, unreleased demos, exclusive music releases, artist interviews, backstage content, and music-related digital artwork accompanied by audio or video content.

What Are Some of LimeWire's Long-Term Goals?

Wondering what is LimeWire's vision for the NFT space? The LimeWire NFT marketplace hopes to put artists fully in charge of their content, offering them flexibility and control. Eventually, the marketplace won’t be exclusive to music-related content alone. You’ll be able to trade other types of digital collectibles related to interests in sports, music, movies or artwork.

In comparison with music, LimeWire believes the film industry is still at an even earlier stage regarding NFTs and sees tremendous potential in filmmakers, producers, and studios of every size creating digital collectibles.

If this happens soon, LimeWire intends to become the pioneering marketplace that will help further expand its offerings and ecosystem.

Will the LimeWire NFT Marketplace Be Eco-friendly?

For those wondering what is LimeWire's unique selling point as an NFT marketplace, you'll be glad to know that it has committed to being eco-friendly through its NFT minting process and blockchain provider.

Minting NFTs has become synonymous with greenhouse gas emissions from burning fossil fuels, coal, natural gas and petroleum for energy use.

With the Algorand blockchain, users will be able to mint their digital assets to NFTs without being worried or feeling guilty about damaging the ecosystem. 

LimeWire is poised to become the first genuinely mainstream-ready collectibles platform. This has left many NFT enthusiastsHow does LimeWire intend to achieve this — and what will they be doing differently to make sure they deliver?

LimeWire management hopes to make signup quick and easy, with straightforward KYC (know your customer) information requirements and U.S. dollar pricing. An average music fan should be able to easily access the platform.

To use OpenSea, you need digital currency to carry out transactions. For this reason, OpenSea requires you to have a crypto wallet already — or create a new one, which will then be connected to your OpenSea account. As a newbie, this entire process might be a little overwhelming. 

To solve this problem, LimeWire has created a system that doesn’t require you to have a crypto wallet to trade anything. The LimeWire marketplace uses U.S. dollars as its main currency, in addition to several other currencies and the LimeWire token (LMWR). The 

 is also used to facilitate payments of bank transfers and credit card deposits. These choices make it easy for beginners, significantly lowering the entry barrier to the marketplace. 

Hyped for the upcoming LMWR token launch? LimeWire currently has a total supply of 1 billion tokens and raised $10.4 million in a private sale of its native token, $LMWR, in a round led by Kraken Ventures, Arrington XRP Capital and GSR Ventures.

Money raised in the LimeWire private token sale event will be used to grow the LimeWire team, extend partnerships, and continue to bring musicians on board its platform.

Brothers Julian and Paul Zehetmayr, the co-CEOs, said, "

We expect strong interest in the public token later this year. The LMWR token sits at the heart of the LimeWire ecosystem and allows you to participate actively.

The public sale of the tokens will come up in the fourth quarter of 2022. Holders of the LMWR token will enjoy reduced trading fees, access to exclusives, voting mechanisms, and a token reward program.

What Else We Know About the All-New LimeWire

To bring digital collectibles to the mainstream and onboard over 1 million users in its first year, LimeWire intends to partner with top artists in the music industry, with big players like Canadian producer deadmau5 and DJ Steve Aoki already on board. 

LimeWire will have a system that allows token holders to determine which up-and-coming artists should be supported by LimeWire on the platform and featured on its marketplace.

, and refer your friends to increase your chances of being among the top 10,000.

LimeWire's relaunch as an NFT marketplace will redefine how music is created, traded and collected in a way that’s easy and accessible for users. Artists will also retain full control over their music and have the chance to engage with fans directly. With prior brand recognition as a former peer-to-peer music service, LimeWire's take on NFTs is poised to take music ownership and trading to the next level. 

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What Is LimeWire (LMWR): Everything to Know About Its Music NFT Marketplace Rebirth

Music is enjoyed by many worldwide... But creators often suffer from lack of proper compensation. Audius, a music blockchain and DeFi streaming platform, aims to level the playing field and create a win-win situation for artists and fans.

In the 21st century, the music industry is plagued by two major problems: Copyright infringement and lack of proper compensation. While illegal players in the music industry cause the former, the latter is typically a consequence of an oversaturated field. Can both issues be addressed with one solution? Audius is your best bet. Fasten your seatbelts, and let's dive into the Audius DeFi music project.

The music industry is evolving rapidly, and with blockchain technology gaining momentum within the space the possibilities are endless. From cassettes and MP3 players, to the rise of streaming giants such as 

, the music industry has undergone fundamental changes over the years, with the artist-fan relationship altered forever. Streaming platforms have begun to close the gap that used to exist between artists and music lovers.

However, even though it’s convenient, modern streaming has one fatal flaw: Often, artists aren’t favored in major decision-making processes. In a quest to give power and control back to artists and fans, Audius has incorporated 

Audius is backed up by many powerful people and corporations. In 2018, about $5 million in investment capital flowed in from large venture capitalist firms 

. Audius has also received enthusiastic reception from the local crowd. In September of last year, it was reported that famous artists such as 

AUDIO is the community token of the Audius network. A multi-chain token, most of its functions are performed on the 

The AUDIO token performs four main functions:

AUDIO tokens are present for trade on popular platforms. FTX, Gate.io, and the popular 

One major reason for Audius' popularity among people both in the community and outside of it is that you need little or no knowledge of how the blockchain or cryptocurrency works before you can participate in Audius. In fact, it’s as easy as using 

, Audius is a blockchain platform, so it primarily makes use of nodes. Audius seeks to create a balance between the three main stakeholders of the platform: Node operators, artists and fans. 

The nodes are decentralized, and Audius uses both the content nodes (used to host contents) and the discovery nodes (for aligning and indexing nodes). Since it's a blockchain project, it has its own (native) 

The platform records an immutable ledger of artists' creative works, kept running by a network of decentralized node operators.

 is free for both artists and fans. All music on the Audius platform is free, although you'll need to own the 

before you can access certain (exclusive) resources.

Currently, there’s talk of premium content monetization and the privilege of a “closed listening party,” where fans get to hear a song for a small fee before the general public does. 

Audius was built to promote innovation, sustainability and growth in the popular interest. Early investors and staff are rewarded with AUDIO tokens as a reward for their contribution to the growth of the platform. 

Audius’ main goal is to reward artists with 90% of their streaming earnings. The remaining 10% will be paid to those who want to operate nodes on the platform, and will be earned via staking and other means targeted at maintaining the security of the network and the growth of the platform. A switched focus to profit generation would likely derail it from achieving this goal. The platform plans to keep growing, while seeking alternative ways to make money.

How Is Audius Different From Other Music-Streaming Platforms?

Audius is for everyone who loves music: Established artists, upcoming artists, fans, and more. Established artists can receive honest feedback on work in progress and new beats, and release their latest tracks. Thanks to the NFT perk, it can also be a more profitable avenue than traditional streaming platforms.

For those new to the scene, Audius’ low entry barrier makes it a breeze to join. Upon registration, you can start uploading your music tracks immediately, without any waiting period or extra verification. 

The third group of people that benefit from Audius are the fans. Apart from the sense of community they get, they can also earn passively by 

Audius is currently ranked 99th on CoinMarketCap in terms of 

. It has a market cap of $1.31 billion, with a trading volume of $48 million over the last 24 hours. At the time of this writing, 

AUDIO’s circulating supply is roughly 504 million, and its maximum supply is capped at 1.06 billion AUDIO tokens.

Two prerequisites are required before you can buy Audius: A compatible 

Once you get your ERC tokens via a peer-to-peer exchange or a fiat-crypto exchange, you'll need to go to 

 and connect your wallet. After that, you can easily swap your ERC tokens or your stablecoins for AUDIO tokens.

The music blockchain market is growing bigger by the day. The first decentralized protocol for streaming audio content, Audius is a good investment. It democratizes the listening and ownership experience, users can stream their favorite songs on a myriad of devices, and everyone benefits from the experience.

Noteworthily, the last time artists rallied together to invest in a streaming platform was for 

, created by American rapper Jay-Z. Recently, 

, with Audius signing a naming rights deal with the location.

The goal of a fairer, freer and more transparent music industry appears viable with Audius. Audius is one of the best drafts, and the future seems bright.

An immense amount of energy has been channeled toward leveling up the music industry in terms of sound quality and user interfaces, etc. Many fields are still untouched — both ones we know of, and ones that will likely spring up with the continuous advent of technology.

Although we’d love to see strict punishment meted out for music infringement, with the wide reach of the internet, it’s hard for authorities to truly crack down on illegal happenings. For now, it’s encouraging to see that Audius isn’t compromising on decentralization. Will Audius disrupt the music industry and finally give artists the credit and profit they deserve? We certainly think so.

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Audius: The Only DeFi Music Streaming Platform You Need?

Azuki, Bored Yacht Ape Club (BYAC), KIWAMI Genesis...These are just 3 of the hottest NFT collections right now. But did you know that there's a dark side to NFTs? We explore its environmental impacts in this article.

, with single digital assets commonly fetching prices in the millions of dollars.

For example, an animated image of the rainbow-shooting "

" sold for $660,000 in a blockchain sale, while musician 

In one of the largest NFT transactions to date, crypto artist 

 for the astronomical figure of $69.4 million.

A year later, top celebrities, brands and influencers have hopped on the NFT bandwagon, leveraging this space to buy and create their own NFTs. While NFTs are taking the crypto world by storm, however, few people are discussing the negative impact they could have on the environment.

This article will take you through the concept of an NFT, the ongoing speculations about unsustainable energy consumption in the NFT domain, and environment-friendly options for buying NFTs so traders can make more well-informed choices.

An NFT is a unique and collectible digital asset that represents real-world objects, such as 

 and GIFs. One-of-a-kind assets that cannot be exchanged or replaced unlike 

 tokens (or fiat currency), NFTs are often purchased and sold online with 

. Validated and stored using blockchain technology, NFTs hold value the same way physical assets do. Essentially, the owner of an NFT is buying a verified token that serves as digital proof of an asset's authenticity and ownership.

NFTs are making an especially powerful impact on the virtual gaming space, with 

 offering unique NFTs as rewards for participating and 

. In the art domain, NFTs enable digital artists to release collectibles that cannot be copied, thus giving them the credit they deserve — and greater peace of mind.

As mentioned earlier, an NFT comprises a unique and non-interchangeable unit of data that proves 1) the authenticity of the asset and 2) the ownership of the person in question. This data is stored on a digital ledger using blockchain technology. When an NFT is listed on a crypto marketplace, the creator of the NFT pays a "gas fee" (or transaction fee) for using the blockchain. This digital asset is then recorded on the

, with the creator's address as the owner of that particular NFT. NFTs can have only a single owner at a time, and ownership cannot be edited or modified by anyone.

NFTs: A Timeline — and the Surrounding Controversy

The main issue with the minting of NFTs is the release of carbon emissions that contribute to greenhouse gases and lead to global warming.

NFTs gained momentum in 2014–2015, when members of the art community — who were initially enthusiastic about owning and selling their own unique NFT art pieces — began voicing their concern about the energy impact. As a result, many artists dropped out of the space and began looking for more sustainable alternatives. Several also claimed they would offset the damage caused by their NFT drops by investing in climate-saving schemes.

Various websites and studies were set up to calculate the energy consumed during the NFT minting process. In 2014, a site called 

 began to help consumers calculate the energy and carbon footprints of

 revealed that cryptocurrency mining required for the NFT process consumes more energy for every dollar of value generated, as compared to the physical extraction of gold or copper. 

In 2021, a montage of art turned into an NFT by the digital artist Beeple sold for more than 

. Calculations showed that creating the 300 items of digital art which Beeple had planned to sell would have burned through 

How Much Energy Does it Take to Trade NFTs?

Let's look at the example of the Ethereum platform, on which most NFTs are based. Every transaction on the Ethereum platform consumes approximately 48.14 kilowatt-hours (

) of energy. To put this into perspective, a single Ethereum transaction consumes the energy equivalent of an average American household in 1.5 days. Other NFT transactions can be even more energy-intensive. For instance, the sale of two digital tokens by an 

creator was estimated to consume over 175 megawatt-hours (MWh) of power. For context, that's the equivalent of greenhouse gases emitted by a single U.S. household over a period of 21 years.

Why Does Trading NFTs Require So Much Energy?

Contrary to popular belief, creating an NFT doesn’t consume much energy. Rather, it’s the process of 

 it which is energy-intensive. The proof of work (

) consensus algorithm, used by many blockchain platforms to verify transactions, is the main reason behind high energy consumption. Let's take a look at the process of trading an NFT in order to understand the reason behind the increased energy utilization:

The mining process is a necessary step to introduce new crypto coins into circulation and maintain a record of transactions on the distributed ledger. The PoW model keeps transactional data secure in a distributed ledger, as it isn’t owned by a single entity.

These complex computational puzzles consume high levels of energy; however, PoW is used as a security measure on the blockchain network to prevent malicious actors from exploiting the transactions conducted. Other related activities — such as bidding for the NFT, the selling process, and the transfer of ownership of these digital tokens — also contribute to the ongoing energy consumption. 

This question can be approached from two perspectives, which we will cover below.

The process of minting unique digital assets and selling them in the crypto space requires massive computing power, which inevitably results in greenhouse gas emissions. With regard to networks that use PoW, many people consider NFTs harmful for the environment, as they emit more carbon than networks that use a 

No: There’s No Definite Way to Calculate the Amount of CO

It’s difficult to point out the exact amount of energy released during the minting process of an NFT because of the many steps involved in the process that don’t have a known carbon footprint. There are also varying views about how much energy is released through the production of NFTs. 