Those of us who are aware of the NFTs subjectcan ask ourselves this frequently, and rightly so, because although it is true that Ethereum is still, by far, the main standard of Non-Fungible Tokens; it is also true that many things work against it in order to continue being so in the future.
The reality and facts are that many things play against Ethereum, such as transaction fees (or gas); and the fact that Ethereum mining is polluting in environmental terms.
So the ones I just mentioned are two of the pending matters to be solved in the Ethereum ecosystem; both in relation to NFTs, as well as in the case of ETH as a means of payment.
Because I must clarify (in case you, reader, have not understood it already), that I find myself talking here about Ethereum as a blockchain and as an ecosystem; not as a means of payment, of value, or etc. So I'm talking about the entire ecosystem and its survival over time.
But going back to the topic of NFTs, there are alternatives to mining in ecosystems other than Ethereum, and at a lower cost. A couple of alternatives in this regard are the Tezos Blockchain and the Polygon Blockchain.
In fact, the Polygon blockchain is one that I quite like in that sense; And this is so for at least three reasons:
It is well known that with Polygon we can create our NFTs for free, and if we do it through the Opensea platform, we can also list them for free.
In Ethereum, the free issue is directly impossible; and what is worse, due to high gas prices, most of the time it is something unthinkable for the common NFT creator.
With the issue of climate change and the whole issue of the pollution level of crypto mining in general, Polygon's blockchain and ecosystem team recently committed to neutralizing the pollution effect of their mining.
If you want to read about this specific topic, I recommend to view>
Polygon commits to going carbon neutral in 2022
Although this issue of environmental pollution from crypto mining, at first, seems really insignificant, it is true that it will be something increasingly important in the future; and the reason why Polygon will most likely end up being the preferred standard for NFTs, over Ethereum itself.
Polygon is a scalability platform for the Ethereum network so it is a second layer solution, so to speak. So, the interaction between Polygon and Ethereum makes them somehow related to each other, although outright an NFT built on Ethereum is more appreciated than an NFT built on Polygon (at least for now).
Despite everything I have told you so far, it is fair to mention that there is a disadvantage that both Polygon and any other blockchain has, compared to Ethereum, in the field of NFTs.
Said disadvantage is that NFTs minted on the Ethereum network are preferred by most major NFT collectors, because as we have to remember, NFTs originally emerged on the Ethereum blockchain.
So, although at the moment, between an NFT created on the Polygon network and one on the Ethereum network, it is true that currently most collectors prefer to buy the one minted on the Ethereum network; It is also true that the tortilla will most likely be turned around in the future, and that the NFTs minted in Polygon will end up prevailing over the taste of collectors.
So, faced with the question "will Ethereum always prevail in NFTs?" the simple answer is... it is Unlikely, but we'll see.
And what do you think about the topic discussed?
