The State of Interactive NFTs on Flow

1

Polygon (Matic)

Overall, I think we're going to see continued experimentation with interactive NFTs because that's what more engagement demands, and more engagement and utility is what we want. The problem is that most non-Flow blockchains need to solve some scalability issues before being viable for high-engagement interactive NFT experiences. Some projects like The Sandbox have started to migrate to layer 2 solutions like Polygon so they can meet the demands as users interact and do more with their NFTs. In general, blockchains are working to be faster and better. Solana focuses on speed, claiming to be the fastest blockchain in the world. Layer 2 solutions like Polygon aim to be a fast and cheap decentralized scaling platform for Ethereum. Ethereum itself will see a number of scalability upgrades come to fruition as a change of consensus mechanism coupled with a layer 2 scaling initiative helps reduce gas costs. The data storage needs for interactive NFT experiences on these chains might be provided by solutions like airweave and IPFS as on-chain data storage is quite expensive. I don't see why excited developers won't deliver a lot of interesting projects in this space.

#Development #Business & Commerce #Productivity 63 social mentions

2

IPFS

With any blockchain, including Flow, there will be data that can or should live outside of the blockchain but still be referenced on the blockchain. Metadata or images for NFTs are sometimes stored on services like IPFS or Arweave, and a reference to where they are stored is added to the NFT itself.

#Cloud Storage #File Sharing #Blockchain 288 social mentions