20 August 2024: Community Update

NFT.Storage's August 2024 Community Update highlights exciting new developments, including support for Solana NFTs, the launch of an on-chain endowment for long-term data preservation, and the introduction of the NFT Token Checker. The update also invites the community to join the Cultural Preservation Alliance and participate in shaping the future of NFT preservation.
Elizabeth Griffiths
August 20, 2024

Overview

Welcome to the latest edition of the NFT.Storage Community Update! This month, we're excited to share news about our ongoing product enhancements, new partnerships, and community initiatives. We encourage you to get involved and help us shape the future of NFT preservation.

Community Engagement and Updates

Token2049 and Solana Breakpoint

NFT.Storage will be attending Token2049 and Solana Breakpoint this year! We’ll be spreading the message of cultural preservation and maybe even giving away some merch. If you’re attending, get in touch so we can connect in person. Together, let's promote the importance of long-term NFT preservation.

Product Enhancements and Updates

Solana Support

We’re excited to announce that our flagship product, NFT.Storage, now supports NFTs minted on Solana! Solana creators and minting platforms can now easily back up their Solana NFTs using NFT.Storage for a low one-time fee of $2.99/GB. We’re thrilled to welcome the Solana community to our platform, aiming to ensure their digital assets remain secure and accessible.

Sign up to start backing up your Solana collections today!

Introducing Our On-Chain Endowment 

As part of our commitment to the long-term preservation of NFT data, we’re launching the NFT.Storage on-chain endowment. Built on the Filecoin Ethereum Virtual Machine (FEVM), this endowment will automate payments to storage providers, enhancing the sustainability and reliability of NFT.Storage through programmatic management and decentralized operations. When you pay for long-term storage, a portion of the fee goes to this endowment, aiming to ensure your data remains safe and accessible for the future.

Learn more about the NFT.Storage on-chain endowment.

Backing up NFT Data at Scale 

Powered by Lighthouse.Storage’s open-source technology, our flagship product is designed to back up large mints and ongoing mints, accommodating many customers simultaneously. This scalability has been proven with Lighthouse's existing customer base, allowing us to support the growing NFT ecosystem effectively.

New Feature - Token Status Check 

We’ve added a new feature to our flagship product that allows users to check the status of their backed up NFT data. This enhancement provides greater transparency and usability for those who are backing up NFT data through the API.

Explore the updated API documentation here.

Community Membership and Support

Welcome New Community Member - Filecoin Foundation

We’re honored to welcome  Filecoin Foundation as our newest community member! This partnership is a significant milestone in our mission to ensure the long-term preservation of NFTs and digital assets. Filecoin Foundation is at the forefront of cultural preservation, and we are proud to collaborate with them. Read more about FIlecoin Foundation coming on board.

Opportunities to Get Involved

NFT Token Checker Feedback

We Need Your Input! We’re developing a new tool, the NFT Token Checker, to bring greater transparency and trust to the NFT space. This tool will allow block explorers, wallets, and marketplaces to display which NFTs are backed up with NFT.Storage, indicating that their data is securely stored in long-term decentralized storage.

We want to hear from you! Your feedback will help shape this tool to better serve the community. If you have ideas, want to collaborate or want to be a launch partner, get in touch with us. Together, we can enhance trust and preservation in the NFT ecosystem.

Introducing the NFT.Storage Cultural Preservation Alliance 

We’re excited to launch the NFT.Storage Cultural Preservation Alliance, bringing together key collaborators across web3, arts, and culture to champion decentralized storage and promote best practices for resilient digital preservation. This alliance allows us to connect with digital preservation enthusiasts and collaborate on innovative projects.

Apply to join the Cultural Preservation Alliance for free.

Thank You for Your Support

As always, we want to express our deepest gratitude to our community, partners, and supporters. Your involvement is what makes NFT.Storage a success, and we’re excited to continue this journey together.

Stay tuned for more updates, and don’t forget to follow us on social media to stay in the loop!

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