Where do NFTs live?
are advertised as blockchain-based technologies, there are misconceptions about how they are stored according to two experts. They argued that technically, these tokens do not exist in the blockchain but are actually stored elsewhere.
According to Victor, main chains are very limited in size and storing data on the blockchain can be very expensive. Because of the large file sizes of assets, off-chain storage solutions are introduced. He said that NFT data can live anywhere from a hosted node or decentralized storage networks. “It is important to understand that the NFT living in a user’s wallet only points to the file it represents — the actual file itself, also known as an NFT’s metadata, is typically stored elsewhere.”
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