TechThe NFT party is over, and everyone now owes storage rent
The closure of NFT marketplace Nifty Gateway highlights a basic ownership problem: blockchain records can preserve a token’s ownership without preserving the artwork it points to or paying for the server hosting it. The platform planned to move some metadata and media to Arweave while continuing to host records permanently linked to its own servers.
The NFT party is over, and everyone now owes storage rent
Tech