{"id":536183,"date":"2023-01-06T15:42:45","date_gmt":"2023-01-06T12:42:45","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/industry-seeks-solutions-for-nft-image-hosting-disasters\/"},"modified":"2023-01-06T15:42:45","modified_gmt":"2023-01-06T12:42:45","slug":"industry-seeks-solutions-for-nft-image-hosting-disasters","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/industry-seeks-solutions-for-nft-image-hosting-disasters\/","title":{"rendered":"# Industry seeks solutions for NFT image-hosting disasters"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a26e4bdde586\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a26e4bdde586\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/industry-seeks-solutions-for-nft-image-hosting-disasters\/#%E2%80%9D_Industry_seeks_solutions_for_NFT_image-hosting_disasters_%E2%80%9C\" >&#8221; Industry seeks solutions for NFT image-hosting disasters  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Industry_seeks_solutions_for_NFT_image-hosting_disasters_%E2%80%9C\"><\/span>&#8221; Industry seeks solutions for NFT image-hosting disasters  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-6ed77c39>The image-hosting aspect of nonfungible tokens (NFTs) needs major improvements. First, people saw NFTs on FTX breaking after it declared bankruptcy. More recently, NFTs on the marketplace Magic Eden showed some questionable images instead of their actual thumbnails.\u00a0<\/p>\n<p>As the problem continues to persist, Cointelegraph reached out to various industry executives to get their thoughts on how NFT projects can solve the NFT hosting issue. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/504de2d6-f080-4fdd-b937-47c284ee08b0.jfif\"><figcaption style=\"text-align: center;\"><em>NFT marketplace Magic Eden showing pornographic images. Source: <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a><\/em><\/figcaption><\/figure>\n<p>From using dependable blockchains to exploring the storage technologies available in the Web3 space, various executives working in the NFT industry gave their thoughts on how to avoid future problems in NFT image hosting.\u00a0<\/p>\n<p>Samuel Huber, the CEO of the metaverse platform LandVault, noted that the issue with FTX NFTs is that the metadata was hosted using a Web2 API. According to Huber, the best course of action for NFT projects to avoid this type of problem is to use dependable blockchains for the NFTs themselves and store NFTs on a distributed ledger that is not controlled by a single entity. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">There is a lesson to be learned here yet collections are still hosting metadata on AWS.<\/p>\n<p>\u2014 jac0xb.sol (@jacobdotsol) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/jacobdotsol\/status\/1600530082417627143?ref_src=twsrc%5Etfw\">December 7, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The executive also told Cointelegraph that while there are very few projects that currently host the actual images on-chain, making sure that the metadata and files are hosted properly is of paramount importance. He added that:\u00a0<\/p>\n<blockquote><p>\u201cProjects should verify if the platforms are using decentralized hosting providers such as IPFS and Airweave for the metadata and any other files that are linked to the NFT.\u201d <\/p><\/blockquote>\n<p>Alex Altgausen, the CEO of play-to-earn NFT <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> Banksters, also agreed with the sentiment. The executive believes that if NFT projects are truly trying to disrupt traditional industries like gaming, they must explore storage technologies that are already available within the Web3 space.<\/p>\n<p>Altgausen told Cointelegraph that there are new technologies that \u201cdistribute file storage using multiple decentralized options.\u201d These allow computers worldwide to store and serve files in a peer-to-peer network, and this removes the dependency on traditional Web2 storage providers like Amazon Web Services or Google Cloud.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Magic Eden to refund users after fake NFTs sold due to exploit<\/em><\/strong><\/p>\n<p>On the side of users, it may not be simple to check if this may h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>en to the NFTs that they buy. Radek Pl\u00e9ha, the co-founder of NFT ticket platform BillionAir, told Cointelegraph that users will have to do their own due diligence and research the project&#8217;s storage infrastructure to make sure that this doesn&#8217;t happen to their NFTs. \u201cThis can include reviewing the project&#8217;s whitepaper and checking for any security measures that have been implemented, as well as looking for reviews and feedback,\u201d he added. Pl\u00e9ha also said: <\/p>\n<blockquote><p>\u201cUnfortunately, not all NFTs metadata are stored on the blockchain, as main chains may be limited in size and more expensive for data storage.\u201d<\/p><\/blockquote>\n<p>On Aug 5, Jonathan Victor, the Web3 storage lead at Protocol Labs and Rarible CEO Alex Salnikov also discussed how NFTs don\u2019t live on the blockchain. Victor highlighted that because of size limitations in main chains, off-chain storage solutions are introduced to NFTs. He also highlighted the use of decentralized storage networks for NFT metadata. On the other hand, Salnikov said that NFT transactions are confirmed on the blockchain, but the NFT metadata is typically stored somewhere else.\u00a0<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"nifty_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/industry-seeks-solutions-for-nft-image-hosting-disasters\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Industry seeks solutions for NFT image-hosting disasters &#8220; The image-hosting aspect of nonfungible tokens (NFTs) needs major improvements. First, people saw NFTs on FTX breaking after it declared bankruptcy. More recently, NFTs on the marketplace Magic Eden showed some questionable images instead of their actual thumbnails.\u00a0 As the problem continues to persist, Cointelegraph reached&#8230;<\/p>\n","protected":false},"author":1,"featured_media":536184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/77a3b6cd-a808-430b-a412-5bf975954c59.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[95118,132147,93542,7058],"class_list":["post-536183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-nft","tag-web-2-0","tag-web3","tag-community"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/536183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=536183"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/536183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/536184"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=536183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=536183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=536183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}