Why W3IPFS is the go-to storage solution for NFT Platforms
AIOZ W3IPFS was recently deployed as the NFT storage and management solution for Artfi, a prominent NFT platform democratizing access to valuable works of art.
This article analyzes why W3IPFS has become the go-to storage solution for NFT platforms since its release.
Let's dive in:
The limited storage capacity of blockchains makes it difficult for the digital media files (images, audio, videos, etc.) represented by NFTs to be stored on them effectively.
This limitation has forced many NFT projects & platforms to adopt cloud service providers for storing digital media files since the NFT boom started in 2021.
While cloud service providers have the capacity to store NFT digital media files, there are a couple of factors that make them unfit for this purpose:
▪️ Censorship Risks: Cloud service providers can deny access to an NFT digital media file since they have complete control over any file stored on their servers.
▪️ Data Impermanence: The permanent availability of digital media files stored in the cloud is not guaranteed due to events like data breaches and server outages.
▪️ Data Tampering: Digital media files can be altered by nefarious elements under a cloud service provider, thereby rendering the NFTs represented by the altered files worthless.
Due to these issues, NFT platforms have increasingly been turning to decentralized file storage solutions such as the traditional IPFS (Interplanetary File System) network.
However, the traditional IPFS Network also has a couple of limitations that are problematic for NFT platforms storing digital media files, such as:
▪️ Latency
▪️ Technical Complexity
▪️ Limited Search Capabilities
▪️ Sporadic Documentation
These limitations have prompted the need for a more efficient version of the traditional IPFS Network that NFT platforms can rely on for their storage needs.
The recent release of AIOZ W3IPFS provides NFT platforms with a long-awaited solution that addresses the limitations of the traditional IPFS Network and cloud service providers in terms of storing NFT digital media files.
Let's take a look:
AIOZ W3IPFS is a decentralized file storage solution powered by the 170,000+ global edge nodes in the AIOZ #DePIN, providing NFT platforms with a file storage solution that has little or no limitations.
The key features of W3IPFS relevant to NFT platforms include:
1.) Decentralization: Digital media files stored on W3IPFS are distributed across thousands of AIOZ DePIN nodes, making unfavourable actions like censorship impossible since no single entity has complete control over all the files stored on the platform.
2.) Built-in CDN: W3IPFS leverages AIOZ Network's built-in CDN to provide NFT platforms with quick and efficient delivery of digital media files with little or no latency.
3.) Data Permanence: The W3IPFS pinning service enables NFT platforms to pin digital media files on the platform, ensuring their long-term availability even when the nodes storing the files are no longer active.
4.) Data Integrity: W3IPFS employs a content-addressable system to identify files using a unique cryptographic hash that changes whenever a file is altered, making data tampering impossible.
5.) NFT Upload & Management: W3IPFS simplifies the process of uploading and managing digital media files on NFT platforms with the aid of its decentralized and resilient infrastructure.
These key features highlight the ability of W3IPFS to handle the storage of NFT digital media files effectively and undoubtedly make it the go-to file storage solution for NFT platforms.
Aside from Arfti, some other projects have also integrated W3IPFS as their file storage solution since it was released, including:
▪️ Mind Network => https://x.com/AIOZNetwork/status/1781142750228025684
▪️ METAVERTU => https://x.com/AIOZNetwork/status/1783728482192904498
▪️ DeMR => https://x.com/AIOZNetwork/status/1787740396560511383
▪️ Nakamoto.games => https://x.com/AIOZNetwork/status/1795364742175052066
The diversity of these projects is a testament to W3IPFS' ability to handle file storage needs across a wide range of use cases.
If you are an NFT platform or project in need of a resilient decentralized solution that can effectively handle all your file storage needs without any major problems, then AIOZ W3IPFS is definitely the right choice for you!
You can visit the link below to get started with AIOZ W3IPFS right away:
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