NFT.Storage Community Update – 12 September 2024

In the September NFT.Storage Community Update, we’re excited to announce new product enhancements, expanded network support, and upcoming events. Key highlights include our partnership to save KnownOrigin NFTs, expanded support for Tezos and other networks, and the launch of our Concierge Service. Additionally, we encourage the community to join the NFT.Storage Cultural Preservation Alliance and provide feedback on the upcoming NFT Storage Checker, aimed at increasing transparency and trust in the NFT space.
Elizabeth Griffiths
September 13, 2024

Welcome to the September edition of our NFT.Storage Community Update! This month, we are excited to share updates on our product enhancements, new network support, and upcoming events. Your involvement plays a key role in shaping the future of decentralized NFT preservation, and we look forward to continuing this journey with you.

Community Engagement

Saving KnownOrigin NFTs

In partnership with Pob Studio, we have written an open letter to the community to help save KnownOrigin NFTs. We are trying to get the word out about our proposal because we need the community's support to make it happen. Any amplification would be appreciated!

Check out our post on X (formerly Twitter) here.

Meet in Singapore!

We’ll be attending Token2049 and Solana Breakpoint in Singapore, and we would love to meet with you! Whether you’re in the area or attending the event, let’s grab a coffee on us. For those who won’t be in Singapore, we’re setting up virtual coffee chats the week of September 24. Book a time, and let’s connect! Find a time that works for you here. 

Case Study: Preserving NFTs on the XRP Ledger

The XRP Ledger (XRPL) is known for its fast, low-cost transactions—perfect for NFTs. However, a key challenge remains: preserving Content Identifiers (CIDs). Without proper storage, CIDs on IPFS can be lost, causing NFT metadata like images and descriptions to disappear.

One community member tackled this by using NFT.Storage to back up their NFTs on the Filecoin network, aiming to ensurelong-term access to their digital assets. By securing CIDs with decentralized storage, they’ve safeguarded their NFTs from vanishing over time.

Learn how they did it and why protecting CIDs is crucial for all XRPL NFTs here

Product Enhancements and Updates

Concierge Service Launch

NFT.Storage is transforming NFT preservation with our newly launched Concierge Service. This premium service is designed to handle all aspects of backing up your NFT collections, ensuring secure, decentralized storage with minimal effort on your part. If you’re interested in learning more, reach out, and we’ll get you started! Early bird offers are on now! Learn more here >>

On-Chain Endowment Update

Our on-chain endowment continues to support long-term NFT data storage as it will automate payments to storage providers using the Filecoin Ethereum Virtual Machine (FEVM). This month, the endowment now supports 204 GB of NFT data, with an endowment balance of over 52 FIL. Learn more about our endowment here.

Artists, Back Up Your NFT Collections

Don’t forget to back up your new and existing collections with the new product. We’ve made it affordable for everyone with a one-time fee of $2.99 and designed the process to be super easy to use. If you’d prefer to have us do it for you, reply to this email and I can share more about our Concierge Service.

If you’re not a creator but work with them, please help them understand why it’s critical to back up their collections.

Tezos Support

We’re thrilled to share that our flagship product, NFT.Storage Archive, now supports NFTs minted on Tezos! Tezos creators and platforms can easily back up their NFTs with NFT.Storage for a low one-time fee of just $2.99/GB. We’re excited to welcome the Tezos community and help ensure that your digital assets remain secure and accessible for the long term.

Tezos creators, backing up your NFTs has never been easier! Sign up here to start backing up your Tezos collections today.

Expanded Network Support

We’re thrilled to announce that NFT.Storage has expanded its support to even more networks! Along with Tezos, Ethereum and Solana, we now support the following:

  • Algorand
  • Arbitrum
  • Avalanche
  • Base
  • Cardano
  • Filecoin Mainnet
  • Flow
  • Immutable
  • Optimism
  • Polygon
  • RARI Chain
  • Stargaze
  • Tezos
  • zkSync
  • Zora

We’re always looking to add more networks. Have a suggestion? Let us know!

Proud to Be Part of the Filecoin Ecosystem

NFT.Storage is incredibly proud to be a part of the vibrant and innovative Filecoin ecosystem. From the supportive community to groundbreaking initiatives like Funding the Commons and FILRetroPGF, there is no better place to build in web3. Our journey with Filecoin has allowed us to contribute to the future of decentralized storage, and we are excited to continue growing together with this amazing network.

Opportunities to Get Involved

NFT.Storage Cultural Preservation Alliance

The NFT.Storage Cultural Preservation Alliance brings together key collaborators from web3, arts, and culture to champion decentralized storage and promote best practices for resilient digital preservation. By joining, you'll connect with like-minded individuals and work on innovative projects that prioritize the long-term preservation of digital assets.

Become a part of this important initiative and help shape the future of digital preservation. Apply for free here.

NFT Storage Checker – We Need Your Input!

We are developing the NFT Storage Checker, a tool to bring greater transparency and trust to the NFT space. This tool will allow wallets, block explorers, and marketplaces to display which NFTs are backed up with NFT.Storage, giving the community confidence that their data is stored securely in decentralized storage. Check out the 1-pager below:

We would love to hear your thoughts on how this tool can best serve the community. If you’re interested in helping shape the product or becoming a launch partner, get in touch with us!

Thank You for Your Support

As always, we want to extend a heartfelt thank you to our community, partners, and supporters. Your involvement makes NFT.Storage a success, and we’re excited to continue building the future of NFT preservation together.