Industry seeks solutions for NFT image-hosting disasters
NFT project executive Alex Altgausen said that if NFT projects are trying to disrupt traditional industries, they should explore storage technologies available in Web3. The image-hosting aspect of nonfungible tokens (NFTs) needs major improvements. First, people saw NFTs on FTX breaking after it declared bankruptcy. More recently, NFTs on the marketplace Magic Eden showed some questionable images instead of their actual thumbnails. As the problem continues to persist, Cointelegraph reached out to various industry executives to get their thoughts on how NFT projects can solve the NFT hosting issue. NFT marketplace Magic Eden showing pornographic images. Source: Twitter From using dependable blockchains to exploring the storage technologies available in the Web3 space, various executives working in the NFT industry gave their thoughts on how to avoid future problems in NFT image hosting. Samuel Huber, the CEO of the metaverse platform LandVault, noted that the issue with FTX NFTs is...