Coinomi
Image default
NFT

ArDrive, a permanent storage alternative for sustainable NFTs?

With the advent of NFTs, ownership has become digital. The blockchain has really revolutionized the digital world, by allowing artists and creators to market their works on the internet. However, their use is accompanied by several questions among potential buyers. It is mainly a question of the sustainability of their storage on the Blockchain (encrypted information storage technology). ArDrive offers a solution with the Arweave project.

Tweet from the Grammy-nominated artist, BT, announcing his use of ArDrive for the launch of his Orbs NFT project

What the use of NFTs implies

NFTs can be defined as media files. Each of these tokens has specific characteristics that are unique to it and that make it a unique copy. Secured by the blockchain, they can only be manipulated, deleted, edited or copied and pasted via the latter.

The use of NFTs today offers many advantages. First of all, they can be used to represent, in a unique way, different types of digital media. This ranges from code to art, including memes, texts, games, gifs, music and videos. In addition, these encrypted files avoid the use of intermediaries. Creators can therefore directly market their works with the best possible added value.

NFTs and the storage problem with ArDrive

NFTs offer certain advantages, thanks to their level of security and their practical usefulness. However, they are not always stored safely. Buyers have no guarantee as to their sustainability on the Blockchain. In other words, no one can really know if an NFT will still be accessible in twenty years.

Concretely, it is necessary to pay particular attention to the operation of the underlying storage of NFTs. This, in turn, will condition the proper functioning of these non-fungible (non-replaceable) tokens. Otherwise, they will simply disappear. However, the majority of NFTs are archived on temporary storage systems. For a large number of these works, the risk that they will evaporate into nothingness one day or the other is therefore very real.

ArDrive: the solution

ArDrive is a permanent, secure and always active data storage application. It has its own protocol, ARFS, appreciated for its power. In particular, it allows you to take advantage of customizable metadata on files at the Arweave network level. Being able to be queried by any application integrating Arweave GQL, it is a flexible and standardized way to define them for NFTs. It also supports version control as well as parent/child inheritance, with JSON rules and metadata properties.

Thanks to Arweave Manifests, each user can organize their NFT collection in a simplified way :

  • Matching Arweave transactions
  • Referencing NFT images with a unique Arweave transaction ID
  • Referencing your content with the names chosen in your Drive
  • More friendly URLs…

Conclusion

The most specific and revolutionary feature of ArDrive is that it is permanent. The performance and features it offers prevent NFT followers from worrying about the storage of their tokens. This publisher even plans to offer these users the opportunity to minter directly on its platform. It could also be that they become exchangeable on other platforms (PERSONAL WEBSITES, OpenSea, KOII, etc.). In the information age, our data has become a valuable asset. Beyond NFTs, ArDrive allows the storage of all our files and information, reliably and in the long term.

Receive a digest of the news in the world of cryptocurrencies by subscribing to our new daily and weekly newsletter service so you don’t miss anything essential Cointribune!

Emile Stantina avatar
Emile Stantina

Passionate about blockchain technology and cryptocurrencies, we are helping to popularize and democratize this new world.
“Chancellor on brink of second bailout for banks”

Related posts

The manga universe finally has its representative in Web 3.0: TOKOU!

Reginald Easterling

Rags To Richie: Alec Monopoly launches his NFT collection with MoonPay

Reginald Easterling

Buying NFT: Is it only to make more money?

Reginald Easterling