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RE: FTX Hosted NFTs Break

in LeoFinance3 years ago

The company has gone into restructuring and instead of leaving their website up like others that are in the same position, FTX operators chose to shut down the site.

This is a great news, I just hope their project will recover soon and stable.

NFTs that had been minted on the FTX platform relied on metadata from an API at that domain, meaning that the NFTs are now pointing to broken links. Owners of these NFTs can still see that the NFT exists, but images no longer work—even when viewing the NFTs in their own wallets, or when listing them for sale on other platforms.

What then could be the solution to this problem?

This is an informative post, I must say. We are hoping #Hive as a project will being worthwhile and the NFTs on #Splinterlands won't have such a sad experience like the FTX platform.

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Lol what are you smoking? FTX is toast, anyone who handed them money will be lucky to get 1-2 cents for every dollar they put in, this isn't a "project" this was a 40 billion dollar business that was a ponzi

There is no solution for distributing large images at scale, NFTs will always be centralised by an issuer thats just how they work,

Lol what are you smoking? FTX is toast, anyone who handed them money will be lucky to get 1-2 cents for every dollar they put in, this isn't a "project" this was a 40 billion dollar business that was a ponzi

I don't smoke though. If at all I do, it would be too early for me to smoke, lol.

Whatever, as long as you got the message I was passing. Thank you for replying, lol.

Yep your message that you have no clue what you're talking about come across loud and clear