A brand new web site known as The NFT Bay claims to have right-clicked and saved each NFT on the Ethereum and Solana blockchain networks as JPEG information, stirring up a debate on what makes NFTs so beneficial.
The web site was created by Geoff Huntley, who described himself as “a software program engineer and DevOps engineer with a ‘Jack-of-All-Trades’ background.”
?OMG WHO RIGHT CLICKED ALL OF THE #NFTs?☠️
??☠️ https://t.co/o0YRK78AkL ?☠️?
? pic.twitter.com/g74TFqzX0n— ?☠️ thenftbay.org ? ?? (@GeoffreyHuntley) November 18, 2021
“Do you know that an NFT is only a hyperlink to a picture that’s often hosted on Google Drive or one other Web2.0 webhost?” Huntley wrote in The NFT Bay’s description. “That’s why you possibly can right-click save-as as a result of they’re customary photos. The picture will not be saved within the blockchain contract.”
In response to The Verge, the positioning includes a torrent file that may let you obtain a file known as “preview.jpg” containing a number of JPEG photos of Bored Ape NFTs. There are additionally zip information stated to include the entire NFTs from the Ethereum and Solana blockchains — about 20TB of information.
In a press statement posted to GitHub, Huntley stated he thought-about the initiative to be “an academic artwork challenge.”
“Essentially, I hope by way of [The NFT Bay] folks study to know what persons are shopping for when buying NFT artwork proper now could be nothing greater than instructions on the right way to entry or obtain a picture,” he wrote.
The challenge has impressed a heated debate concerning the worth of NFTs, claiming that NFTs are, basically, simply JPEG photos that may be downloaded and shared with the plenty. A number of NFT fanatics and homeowners replied to Huntley’s authentic tweet, defending NFTs and explaining that The NFT Bay doesn’t change the worth of NFTs, since proof of possession is saved on the blockchain.
In different information, the buyer of a $3.4 million USD Bored Ape NFT spoke to HYPEBEAST about his motivations.
