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Latest NFT News
Lil Pudgys Debut Animated Series, Reveal Standalone Brand Aim
May 19, 2025
Legends of Elumia Reveal 2025 Roadmap, Mobile Launch Soon
May 19, 2025
Merge Pals Launches Whitelist Event Ahead of NFT Mint
May 16, 2025
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Wednesday, May 21
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  • Lil Pudgys Debut Animated Series, Reveal Standalone Brand Aim
  • Legends of Elumia Reveal 2025 Roadmap, Mobile Launch Soon
  • Merge Pals Launches Whitelist Event Ahead of NFT Mint
  • What is Rektguy? The Culture Brand Taking Over Web3
  • NEXPACE Launches MapleStory N and NXPC Token
  • Slither.io Clone ‘Noodle.gg’ Gains Traction on Solana
  • Sugartown Kicks Off CORES NFT Mint on May 13
  • GOAT Gaming Bolster AI Agent Offering With “Amy” Pro AI Agent
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    ApeFest 2025 Heads to Las Vegas, Coming October 24

    April 25, 2025

    ArbitrageScanner to Reveal AI-Powered Assistant on April 23

    April 10, 2025

    CoinFerenceX Announce 2025 Dubai Conference From April 28-29

    February 28, 2025

    Monaco to Host Major Web3 Event in June 2025

    January 24, 2025

    NFT April Fools’ Roundup: When the Joke Is Maybe Not a Joke

    April 2, 2025

    XCOPY Sparks Discussion on AI Art

    April 1, 2025

    Aley ‘Stellar Essence’ NFT Sells at Auction on Foundation

    March 19, 2025

    Befe ‘Bad Habits’ NFT Artwork Now Available on Rodeo

    March 10, 2025

    Sugartown CORES NFT Collection to Mint on Abstract Chain

    April 9, 2025

    Botto’s ‘Err Hold’ NFT Sold For 100 ETH After Bidding Frenzy

    January 27, 2025

    Bored Ape and Otherdeed Holders To Receive ‘Reward’ in 2025

    January 24, 2025

    Executive R0AR Society NFTs See 3,400 Mints, Demand Soaring

    January 23, 2025

    Bybit to Shut Down NFT Marketplace Amid Industry Decline

    April 3, 2025

    Arbitrum Now Live on Rarible, 1,840 Free NFTs Minted

    March 12, 2025

    Rarible Adds Support For Abstract Chain, XP Rewards Now Live

    March 4, 2025

    OpenSea OS2 Beta Now Live, Launching $SEA Token Soon

    February 14, 2025

    GAMEE Launches TCG Moon Cards on Telegram

    April 10, 2025

    Luca Netz Lays Out Future Plans in Latest Pudgy Penguins Inner Igloo

    April 8, 2025

    Bybit to Shut Down NFT Marketplace Amid Industry Decline

    April 3, 2025

    Alchemy Partners with Syndicate To Boost Layer-2 Rollups

    February 4, 2025

    Lil Pudgys Debut Animated Series, Reveal Standalone Brand Aim

    May 19, 2025

    What is Rektguy? The Culture Brand Taking Over Web3

    May 16, 2025

    GR1D Completes Node License Airdrop, Prepares for Testnet Activation

    April 23, 2025

    Who is Cozomo de’ Medici? The Grand Patron of the Digital Arts

    April 5, 2025
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what is an ipfs service

What is an IPFS service?

A common misconception about NFTs is that they are stored directly on the blockchain. Generally, this is not true.

IPFS stands for Interplanetary File System, which is a decentralized peer-to-peer file sharing system.

Rather than host the media natively, NFTs typically including links that point to files stored on IPFS services such as Pinata or Infura – meaning that the media used to represent an NFT is hosted on a separate decentralised network.

IPFS services offer many tools that NFT creators can utilise, such as the ability to add, remove or change the media relating to an NFT.

There is no way to guarantee that the data of an NFT will be forever untouched. As a rule of thumb, it is best to buy from projects that use a trusted IFPS service, especially if you have any concerns about its authenticity.

There are some NFT projects where the art is minted directly on chain, such as Autoglyphs by Larva Labs, and TwelveFold by Yuga Labs 

NFT Tech
  • Smart Contracts for NFTs: How They Work and Why They Matter
  • What does a Token Standard do?
  • Fractionalized NFT: Making Digital Assets Affordable for All
  • What is an IPFS service?
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MagNFT is dedicated to delivering all the latest NFT news, web3 education and developments in the NFT space. We are blockchain advocates.

Latest NFT News
Lil Pudgys Debut Animated Series, Reveal Standalone Brand Aim
May 19, 2025
Legends of Elumia Reveal 2025 Roadmap, Mobile Launch Soon
May 19, 2025
Merge Pals Launches Whitelist Event Ahead of NFT Mint
May 16, 2025
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