07/01/2023 11:05 PM | Click to read full article
NFT project executive Alex Altgausen said that if NFT projects want to disrupt traditional industries, they should explore storage technologies available in Web3. The image-hosting aspect of nonfungible tokens is in need of major improvements. First, people saw NFTs on FTX break after it declared bankruptcy. More recently, NFTs on the marketplace Magic Eden showed some questionable images instead of their actual thumbnails.