Bubblehouse becomes the first carbon-neutral NFT marketplace, and Polygon the first carbon-neutral blockchain. Here are the stats.
Polygon Energy Consumption: 0.000876 TWh per year
= only 130 passenger vehicles driven for one year
= only 72 homes' energy use for one year
= only 596.6 metric tons of CO2 per year
As a comparison, Ethereum consumes roughly: 86.93 TWh per year
= 12,900,571 passenger vehicles driven for one year
= 7,144,932 homes' energy use for one year
= 59,203,696.3 metric tons of CO2 emissions per year
One Tree Planted Carbon Offset Program: US$150 per 10 Tonnes of CO2 offsets
Tonnes to tons Conversion: 1.10231 tonnes / ton
596.6 metric tons * 1.10231 tonnes / ton = 657.6 tonnes needed to neutralize
658 Tonnes / 10 Tonnes * 150 USD = $9,870 USD
$9,870 USD (657.6 Tonnes) to make Bubblehouse and the entire Polygon blockchain CARBON NEUTRAL for an entire year.
