How will the Ethereum Merge influence the non-Fungible Tokens?

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martinnura

We know around 95 percent of the Non-Fungible Tokens, NFT gaming platforms and NFT marketplaces are based on Ethereum blockchain. The Ethereum Merge in other words the change of Ethereum network from Proof of Work to Proof of Stake is said to reduce the energy consumption upto 99%. This will not only reduce the environmental impact but also the cost of the transaction. The scaling problems will be solved and the transaction speed will become high. While maintaining the transactions as in, the merge is happening stage by stage, without affecting the existing NFTs in the wallets.

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