Why National Geographic Was Slammed After Its 1st NFT Announcement

Oh National Geographic, it felt like you had everything going for you: gorgeous photos, stunning nature documentaries, and now you’re in the NFT game?

Not so fast.

Exness copy trading

National Geographic recently announced their first NFT offering: a digital image of the planet Earth taken during a space mission. But things were not as rosy as they hoped. If you take a look at the web, you’ll find a lot of people unhappy with the decision.

So, why is everyone so mad? Let’s take a look.

They’re Questioning the Motive

The majority of people’s contention with the decision is simple: they don’t believe National Geographic’s true motive is to give back to the environment. After all, it’s no secret that NFTs can net some serious money.

XM Global $30 dollars trading bonus

This sentiment isn’t helped by the fact that National Geographic was unclear about where proceeds from the sale would be headed. A charity? A research fund? No one had any answers.

Lots of Environmentally-Focused Options

Another common criticism aimed at National Geographic goes like this: why don’t they just take the money they’d make from an NFT and put it into an actual project instead?

People have pointed out that there’s no shortage of environmental-related projects that need funding, and that an organization like National Geographic should be looking to support efforts in the field rather than exploring new digital art ventures.

The NFT Bubble

Finally, there is concern that National Geographic is jumping on the NFT train while it’s still hot, only to be left out in the cold when the inevitable bubble bursts.

Coinrule automated trading

It’s true that not all NFTs will go to zero, but there are countless projects with no future and it’s not hard to point to some of the great hype that has surrounded them.


NFTs are definitely a hot topic at the moment, and it’s easy to understand why National Geographic wanted in on the action.

However, after the initial questions surrounding their motives and the valid concerns about the sustainability of the NFT market, it became abundantly clear why so many people were mad at the organization.

XM Global trading bonus

There’s no doubt that National Geographic will look to make some money, but whether or not they can also make a tangible difference in the environment is yet to be seen.

Start trading
Free Start-up capital.

No deposit bonus.

Click Here

About the Author

Read more

Start copy trading the best traders in the market for free.


$10 minimum deposit with exness.

Click Here

Subscribe Today

Subscribe to our monthly newsletter to receive all of the latest news and articles directly to your inbox.

Thank you for your message. It has been sent.
There was an error trying to send your message. Please try again later.

Start trading
Free Start-up capital.

No deposit bonus.

Click Here


Leave A Comment

Related Posts

If you enjoyed reading this, then please explore our other articles below:

Back to News