The NFTs are here to stay. These digital assets, for which some people are paying stratospheric sums, are currently in their prime. However, like any other internet trend in modern times, that same popularity can attract the gazes of people whose intentions are not attached to “legality.” NFTs have always been exposed to piracy , but no one had taken advantage of it like Geoffrey Huntley.
Huntley is the Australian programmer and artist behind The NFT Bay . Does it sound familiar to you? Yes, it is inspired by The Pirate Bay, the popular torrent website that for years has been a real headache for multiple industries, mainly entertainment.
In most cases, NFTs are still a way to access images that can be stored on a computer. On that basis, Huntley's idea is simple, but at the same time ambitious: save as many images as possible and offer them through a single file – torrent. A file that, in addition, can become a vestige of human behavior in times of pandemic – because some people did not know where to spend their money -.
Apparently, “The Billion Dollar Torrent”, as Huntley has dubbed it, has all the NFTs from the Ethereum and Solana blockchains. Yes, you read that right. The data, once decompressed, weighs approximately 20 TB (15 TB compressed), a figure that is not available to any computer. With this you can get an idea of the absurd amount of images that are stored.
Why was The NFT Bay born?
According to its manager, it is an “art” project to make people understand what they really get when they buy NFTs . Therefore, what is most valuable in your proposal is the message it conveys.
“Fundamentally, I hope that through http://thenftbay.org people understand that what you get when you buy NFT art is nothing more than instructions on how to access or download an image . The image is not stored on the blockchain and most of the images I've seen are hosted on web 2.0 storage, which will probably end up as 404, which means that the NFT has even less value, “Huntley told Vice.
