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Latest NFT News
Wilder World To Enter ‘Super Early Access’ in Late July 2025
June 25, 2025
Treeverse Releases $END Whitepaper, Token Launch Expected Soon
June 25, 2025
Draftables to Launch Pre-Season Tournament, Starting June 27
June 24, 2025
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Tuesday, July 1
Trending
  • Wilder World To Enter ‘Super Early Access’ in Late July 2025
  • Treeverse Releases $END Whitepaper, Token Launch Expected Soon
  • Draftables to Launch Pre-Season Tournament, Starting June 27
  • Evermoon Rebrands as Evermoon Games, Expanding Beyond MOBA
  • Uncharted Launches Wallet-Based Rewards
  • Wildcard and Thousands Raise $9M to Drive Blockchain Gaming and Web3 Streaming
  • On-Chain MMO Block Stranding Completes First Stress Test
  • Triumph Games Begins Airdrop Campaign via Immutable Play
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    Good Vibes Club to Host an Event at SuperRare Gallery on June 26

    June 13, 2025

    The Dealflow Den Returns to Istanbul Blockchain Week 2025

    May 22, 2025

    ApeFest 2025 Heads to Las Vegas, Coming October 24

    April 25, 2025

    ArbitrageScanner to Reveal AI-Powered Assistant on April 23

    April 10, 2025

    Supremon 151 NFT Collection Mints Out, Explodes in Popularity

    May 27, 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

    Supremon 151 NFT Collection Mints Out, Explodes in Popularity

    May 27, 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

    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

    Wilder World To Enter ‘Super Early Access’ in Late July 2025

    June 25, 2025

    Evermoon Rebrands as Evermoon Games, Expanding Beyond MOBA

    June 23, 2025

    Uncharted Launches Wallet-Based Rewards

    June 20, 2025

    Wildcard and Thousands Raise $9M to Drive Blockchain Gaming and Web3 Streaming

    June 19, 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
Wilder World To Enter ‘Super Early Access’ in Late July 2025
June 25, 2025
Treeverse Releases $END Whitepaper, Token Launch Expected Soon
June 25, 2025
Draftables to Launch Pre-Season Tournament, Starting June 27
June 24, 2025
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