4min chapter

The Blockcrunch Podcast cover image

How Does Storage in Web 3 Work and Why It Is Important? - David Choi, Protocol Labs, Ep. 235

The Blockcrunch Podcast

CHAPTER

IPFS and NFTs: The Pain Point

NFT storage is a new way to store off-chain data on the Web3 network. NFTs are public by definition, but storing them directly on a blockchain can be expensive. The FEM aims to take advantage of cheap and bearable file phone storage and smart contracts. It will also scrape all the blockchains out there for their NFT data and archive it too.

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