NFTs, non-fungible-tokens… OK, think of it like this…. artwork, that was unique and rare, stored in digital form. They must be authroized by a blockchain, a series of numbers in encrypted public form. Some of the NFTs that were authenticated by the FTX blockchain, may be lost forever, as FTX is dissolving away into nothingness. Yes, so even something that has nothing to do with cryptocurrency, is also possible to be lost forever. There are some who think there are better ideas, but that’s far too wonky and nerdy for discussion here….
A Solana engineer called out to collections that are still hosting metadata on AWS, suggesting that there’s a “lesson to be learned.