What is NFT.Storage?
Imagine you own an NFT. While the NFT itself lives on the blockchain, the important things like images, videos, and other data linked to it usually live elsewhere, off-chain. This is where NFT.Storage comes in.
NFT.Storage is like a vault for that important data. It’s a long-term storage public good service that ensures your NFT data (such as images or metadata) is securely stored, backed by the power of decentralized storage on Filecoin and IPFS, which are technologies designed to keep your data safe for the long term.
Why Does This Matter?
Without reliable storage, an NFT could lose its value if the image or metadata disappears. Imagine owning a digital art piece that no longer displays the image it’s supposed to hold—it could become worthless. NFT.Storage protects against this by using decentralized technologies and smart contracts, ensuring your NFT’s data remains accessible, even in the future.
How Does It Work?
- Endowment-backed storage: For a small one-time fee, your NFTs are stored securely for the long term without worrying about ongoing costs. Our on-chain endowment pays the ongoing storage costs.
- Trustless Verifiability: Data stored through NFT.Storage is tagged with a unique digital fingerprint using a CID from IPFS. This allows anyone to verify the data’s authenticity without needing to trust a specific company.
- Redundancy for Security: Your data isn’t stored in one place. It’s spread across servers worldwide through the decentralized Filecoin storage network, ensuring your NFT’s data is always safe and accessible.
- Smart contract management: The storage process will be managed by smart contracts that automate payments and renew storage provider deals.
How We Support Creators and Developers
We make it easy for creators and developers to back up their data by providing seamless integration and robust tools for decentralized storage. Whether you’re an artist, developer, or platform, we’re here to help you secure your NFT data for the long haul.
Education for the Community
We’re committed to educating the community on the importance of permanent off-chain data storage for NFTs. NFTs are not permanent unless the off-chain data is stored securely and permanently. Additionally, NFTs have the potential to preserve culture, ensuring that important cultural assets remain accessible for future generations.
Our Journey Since 2021
Since our launch, NFT.Storage has grown into a trusted platform, storing over 700TB of off-chain data for the NFT community. Although we no longer allow new uploads to the Classic product, all previously uploaded data remains accessible. NFT.Storage Classic was the home of free decentralized storage and bandwidth for NFTs on IPFS and Filecoin. As of June 30, 2024, the Classic upload and pinning products have been decommissioned, but data will continue to be safely stored and accessible via IPFS and the Filecoin Network, with potential latency and availability degradation over time.
Our Classic public good is trusted by over 165,000 users and top companies like Magic Eden, CoinMarketCap, and SolScan.
Why We Need Your Support
You can help in two ways:
- Vote for us: Help our community grow and shape the future of NFT storage.
- Donate: Even a small donation goes a long way to support the maintenance and improvement of NFT.Storage.
Join us in preserving digital art and culture for future generations. Let’s ensure the NFTs created today remain valuable and accessible forever!
NFT.Storage History
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accepted into GG22 OSS - dApps and Apps 1 month ago.
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accepted into Web3 Infrastructure 6 months ago.