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Marius Watz
@mariuswatz
Sad to see the news about Club NFT shutting down their NFT backup service. Not a good omen for the state of the NFT space. Has anyone been able to renew a subscription just to download a backup? It seems my subscription lapsed in March.. https://x.com/club_nft/status/1918037830963449888
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celadoor
@celadoor
ClubNFT help help highlight the gap between the promise "these NFTs will last forever on the blockchain" and the reality "this is on the internet and our pre-cloud computing backups are garbage and the early cloud stuff is not much better". If you don't store it with redundancy and checksums then ¯\_(ツ)_/¯
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Marius Watz
@mariuswatz
Yeah, I’m not entirely surprised. Most people in crypto tend to look at the world in a very limited time frame, which means we can’t trust that the infrastructure will persist 10+ years. Here’s hoping independent contractors start offering NFT backups as a bespoke service. That’s a free business idea for anyone listening..
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celadoor
@celadoor
I also think this could very much be a “trusted source puts something on GitHub that allows you to run some code in browser based on a wallet csv file and a pair of cloud storage folders”. Then it is up to the user to backup to physical drives.
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Marius Watz
@mariuswatz
Oh, definitely. Club NFT wasn't doing something unthinkably complex, but they offered it as a service that lowered the threshold to access. The persistent unfriendliness of 90% of crypto UX certainly isn't a benefit to the scene, and if we're talking about conservation of art I'd like to be easy so people will do it. A FLOSS NFT backup tool would be great, and I'm sure someone will make one eventually. A bigger concern is the signal that the community isn't committed to thinking long-term. If Club NFT couldn't get enough subscribers willing to pay $100/yr for their service to make their business sustainable, who can? Similarly, friends who are building DeFi solutions in the crypto space tell me that VCs and launch services often ask for deals that are just laughably unfavorable. Which is saying something, given the sharkishness of VCs in general.
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