✈️KEEP YOUR MILLION DOLLARS NFTs WITH IPFS
🚀NFTs use links to direct you to somewhere else where the art and any details about it are being stored. NFTs include information on where you can find the artwork they represent, but the actual artwork is still a link away.
🌟But traditional URLs can and do expire, or the seller plays dirty tricks to redirect the link to somewhere else not the artwork. And that means the artwork disappears with nothing buyers can do.
🧲To solve that problem, many NFTs turn to a system called IPFS. Rather than identifying a specific file at a specific domain, IPFS addresses let you find a piece of content so long as someone somewhere on the IPFS network is hosting it.
🌈This system gives buyers control as they can pay to keep their NFT files online. Like a painting, NFTs need to be maintained. If a buyer purchases an NFT that relies on IPFS, it’ll ultimately be on them to ensure the file continues to be hosted and available to the system Just like real-life art collectors have to rent museums to store and keep their artworks..
💦But overall, IPFS gives more controls to the buyers/owners of the NFTs than before! Let’s all wait and see what future technology can adjust this idea!
#HoraOs #HoraChain #UfinUk #NFT #IPFS