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Nonfungible tokens don’t live on the blockchain, experts say

08/06/2022

Less than a minute

2022.08.06 17:54

Nonfungible tokens don't live on the blockchain, experts say — Nonfungible tokens don’t live on the blockchain, experts say

Nonfungible tokens (NFTs) are advertised as blockchain-based technologies, there are misconceptions about how they are stored according to two experts. They argued that technically, these tokens do not exist in the blockchain but are actually stored elsewhere.

In a Cointelegraph interview, Jonathan Victor, the Web3 storage lead at Protocol Labs and Alex Salnikov, the co-founder of Rarible, discussed decentralized storage, the future of the NFT space and investing in NFTs.

08/06/2022

Less than a minute

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