Industry tries to find solutions to NFT image-hosting disasters

Alex Altgausen, the CEO of the NFT project, says that companies that want to shake up established industries should look into Web3 storage options.

Nonfungible Tokens (NFTs) need big improvements in the area of image hosting. When FTX filed for bankruptcy, that’s when people first noticed that NFTs were breaking. Recently, the thumbnails for NFTs on the Magic Eden market showed suspicious images instead of their real ones.

In the conversations with several business leaders to find out ...