Whether you hold cryptos as a long-term investment, use them as a means for transactions, or mix them as an additional asset class into your broader portfolio, your choice of coin or token matters because it has a social and environmental footprint.
With our ratings we empower you to make informed decisions on which coins and tokens you want to own, so your investment and transitional decision will contribute to a greener and fairer future for our planet. Even more important than the decision of what to buy is to know what not to buy. Many popular cryptos such as Bitcoin, Ethereum, or Dogecoin require a large amount of energy to keep their blockchain running and process transactions. The reason for their excessive energy usage is their very blockchain itself, built on the "proof-of-work" method. Avoiding such coins will substantially improve your portfolio's footprint. Alternative cryptos built on green consensus methods such as proof-of-stake or proof-of-service offer the same features and are equally as safe as their irresponsible counterparts.
So the first rule of thumb for green crypto investing is not to buy proof-of-work currencies! Instead, consider proof-of-stake or proof-of-service blockchains and thereby reduce the energy consumption of your crypto portfolio to 0.1% or even less.