NFT Offset Initiatives

Digital assets in the form of non-fungible tokens are selling for millions of dollars online and Aerial helps users offset their NFT footprint, considering the fact that cryptocurrency transactions need large amounts of electricity. The recent NFT drop from The Weeknd is estimated to have emitted 86,000 kilograms of carbon according to Aerial, and this is more or less the equivalent of 86 flights from New York to London.

Aerial initially launched as a way to help people offset the carbon emissions they produce as they travel yet the team saw an opportunity to address cryptocurrency emissions. After sharing the address of an NFT drop or a digital wallet, Aerial users will see that an estimate is calculated based on a measurement called Gas.