The problem with NFTs and the Aleph NFT backup dApp

Jonathan is the lead developer and ceo of Aleph - Aleph is a cloud computing platform that makes it easy for DeFi and Web3 dapps to securely access trusted off-chain data or computation. One of their current projects is working to solve the problem of NFT security standards and ownership. Guest: Jonathan Why you should listen: Many NFTs point to a URL on the internet or an IPFS hash. In many circumstances, this references an IPFS gateway on the internet run by the startup you bought the NFT from. the URL is not the media. That URL is a JSON metadata file. The problem with that is that if the marketplace goes bust… so does your NFT. Key takeaway: Aleph has a solution - just like an Internet wayback machine backs up website versions over time, Aleph creates snapshots of NFTs at a certain point in time. Using decentralized storage capacities, the Aleph NFT Backup dApp allows any holder to save their NFT content on the Aleph network that is secured currently by nodes which all are incentivized to store the data and pin it on IPFS. The Interplanetary File System, or IPFS, is used by most NFT minting platforms to store their NFTs. Supporting links: Aleph The problem with NFTs Leverj Andy on Twitter  Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.