It is true that the content associated with NFTs is typically stored on centralized servers the properties of the NFT itself are stored on the blockchain.
Some platforms are exploring decentralized storage options where the content associated with NFTs is stored on a distributed network of computers. These decentralized storage solutions aim to provide greater security and permanence for NFTs.
But these Bitcoin and others Altcoins or NFTs are working because of Technology. If Technology is here so they are working. If there will be WW3 so after that the Technology will go down. So we can't say anything. How much the will live.
Some platforms are exploring decentralized storage options where the content associated with NFTs is stored on a distributed network of computers. These decentralized storage solutions aim to provide greater security and permanence for NFTs.
But these Bitcoin and others Altcoins or NFTs are working because of Technology. If Technology is here so they are working. If there will be WW3 so after that the Technology will go down. So we can't say anything. How much the will live.
WW3? What are you talking about? If there's a third world war, I seriously doubt BTC and other coins will take off. And NFTs will be completely out of the picture. But if you mean Web 3.0, then I'd say it still has a future. There's room for improvement to make NFTs (a part of Web 3.0) a "force to reckon with". It's just that developers are too lazy to do anything about it. Most of them only want to make a quick buck, leaving decentralization and immutability behind in the dust.
The tech is already there to make NFTs last forever. But the fact is that around 90% of NFTs are hosted on centralized servers. People will eventually lose their NFTs as creators/developers close up shop or move onto the next big thing in crypto. You can already see most NFTs are worthless these days. What you only get is the proof of ownership on the Blockchain. It will say you "own" the NFT, but the content/data will fade away into oblivion. At least, that's the case with the Ethereum blockchain these days. Bitcoin's Ordinals are the complete opposite of this. But it comes at a downside of higher fees and slower confirmation times. As they always say, "you get what you pay for". Maybe there's hope for the NFT industry after all?
