Industry seeks options for NFT image-hosting disasters
The image-hosting facet of nonfungible tokens is in want of main enhancements. First, folks noticed NFTs on FTX break after it declared chapter. Extra just lately, NFTs on {the marketplace} Magic Eden showed some questionable images as an alternative of their precise thumbnails.
As the issue continues to persist, Cointelegraph reached out to varied trade executives to get their ideas on how NFT tasks can clear up the difficulty.
From utilizing reliable blockchains to exploring the storage applied sciences out there within the Web3 house, varied executives working within the NFT trade gave their ideas on easy methods to keep away from future issues in NFT picture internet hosting.
Samuel Huber, CEO of the metaverse platform LandVault, famous that the difficulty with FTX NFTs was that the metadata was hosted utilizing a Web2 API. In keeping with Huber, the very best plan of action to keep away from the sort of downside is to make use of reliable blockchains for the NFTs themselves and retailer them on a distributed ledger that isn’t managed by a single entity.
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