🎉 We're excited to announce that NFTdotStorage, in partnership with @prrfbeauty's #PreserveInitiative, is working to secure the long-term preservation of KnownOrigin's NFTs using @IPFS & @Filecoin!
🧵 Read on for how we’re protecting these cultural assets. 👇
Nov 12, 2024 · 4:35 PM UTC
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1/ 🛑 With the shutdown of the KnownOrigin marketplace, preserving the off-chain metadata and media for these NFTs has become vital to maintaining their accessibility and protecting digital heritage.
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2/ Key components of this preservation initiative:
🚀 Hot Storage for Enhanced Accessibility
KnownOrigin will fund hot storage for the next 2 years, ensuring NFT data is highly available and easily retrievable when needed.
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3/ 🛠️ Smart contract adjustments for IPFS links
As part of Pob Studio's Preserve Initiative, KnownOrigin is upgrading its NFT contracts to structure IPFS links to ensure that all metadata and media files remain easily retrievable and correctly formatted, safeguarding the future accessibility of these digital assets.
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4/ 🏛️ Backing-up offchain data with NFTdotStorage
KnownOrigin’s offchain NFT media will be backed up with NFTdotStorage’s long-term Filecoin storage, powered by smart contracts and an on-chain endowment, keeping data safe, verifiable, and available if its ever needed.
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5/ 📚 Beyond technical updates, we’re dedicated to raising awareness about the importance of decentralized, long-term storage for off-chain NFT data. Most offchain NFT assets—like images, videos, and metadata—are at risk of disappearing, as seen with the 1/3 of NFTs that went dead in 2023.
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6/ 🎨 Call to Action
To KnownOrigin collectors & NFT enthusiasts: Show your support this preservation effort! By backing initiatives like this, you help secure an ecosystem where NFTs remain resilient and accessible. Join our Cultural Preservation Alliance and be part of the movement.
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7/ 🌐 Follow @KnownOrigin_io, @NFTdotStorage, and @prrfbeauty for updates as we work to keep these cultural treasures safe, accessible, and backed-up for the long-term. Let’s preserve digital art for the future!
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