Surpassing 7 million NFTs in storage, the ‘pace is only accelerating’ for Filecoin
The creation and sale of NFTs have turned out to be a lucrative segment of the cryptocurrency industry. Notably, several of these tokens are valued at millions of dollars, and buyers are scrambling to get a hold of original pieces.
In fact, many blockchains have managed to capitalize huge gains amidst this mania. Decentralized storage platform Filecoin is one of them.
The network recently announced that over seven million NFTs are currently stored in its system. Comprising around 54Tib of NFT data from groups such as OpenSea, OneOfNFT, and makersplaceco among others.
A tweet by Protocol Labs’ Head of Product Pooja Shah further noted that this amounted to an upload speed of almost one NFT per second, adding that the “pace is only accelerating.”
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