Environmental Impact Policy
Non-fungible tokens (NFTs) are a minimum of partially liable for the many plenties of planet-heating CO2 emissions generated by the cryptocurrencies used to buy and sell them.
It's an estimate of all the carbon emissions released within the process of making and consuming a product. Due to the many unknown factors involved in the process, it's usually an estimate of carbon footprint. Instead of calculating the precise size, such estimates help understand the size of the environmental impact of NFTs, for instance.
It is challenging to estimate the carbon footprint of minting an NFT because many steps within the process don't have a known carbon footprint, and there are few scientific peer-reviewed studies on this subject. Carbon emissions are more literally connected to the mining process than the minting process.
We are BSC based NFT marketplace; BSC uses a POS consensus algorithm that DOES NOT require mining machines to confirm the transactions. In this way, we are working with a less carbon emission blockchain.
XANALIA is the best decentralized NFT marketplace on Binance Smart Chain. Backed by Binance, XANALIA empowers both individual creators and whole communities to simply and affordably create, discover, trade, and leverage NFTs.
XANALIA will become the primary NFT marketplace to launch exclusively on Binance Smart Chain (BSC) in April 2021.
It's our commitment to promote our part to reduce the impacts of global warming and support fewer greenhouse gasses emission blockchain.
Last modified 1yr ago