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Friday, May 10, 2024

How best to store and protect your expensive NFTs on cloud storage

You are probably already a bit familiar with cloud storage — saving things like files and photos online for later use — but did you know that cloud storage can also be used to help keep your expensive digital assets safe?

NFTs (Non-Fungible Tokens) are possibly the biggest trending, most hyped and sought after assets on the market today, with every influencer and their mother rolling out NFT mints and top creators raking in profits in the millions. To many, NFTs represent an important milestone in digital ownership — previously a near impossible feat. For the first time ever, people can own things like digital images, videos, GIFs and even items in video games. 

But what are you actually buying, and how is it stored safely? Do you even know where it is stored? In essence, buying an NFT means allocation of the metadata (unique characteristics of the digital…

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