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Concerns are rising among digital artists and NFT collectors regarding the potential risks of losing their artwork stored on the Known Origin platform. Users are advised to back up their NFTs using services such as Club NFT, which simplifies the process of securing IPFS files. Some artists, like The Angie Taylor, have already taken steps to back up their vintage editions on Known Origin, encouraging others to do the same to ensure the longevity of their digital assets. Additionally, discussions are ongoing about the implications of Known Origin's potential closure and the associated costs of maintaining IPFS storage, highlighted by a notable investment of 91 ETH made in March 2022 by Cyber Brokers to ensure their artworks remain fully on-chain.
Known Origin's closure is a super sad moment for this space. This storage worry is one of the BIGGEST reasons we spent 91 ETH back in March 2022 to put @CyberBrokers_ FULLY ONCHAIN. We have invested the cash upfront so you NEVER have to second guess if your art will disappear. https://t.co/3Vfv0gZnlh
Is there someone to contact at @KnownOrigin_io to discuss the IPFS bill and ensuring any art produced is maintained for the long term whilst suitable backup options are considered? #onchaingang
I have a few "vintage" editions available on @KnownOrigin_io if anyone wants to make a reasonable offer on any of them I would be happy to oblige. I've backed everything up to @club_nft so they will survive! I'd suggest anyone who owns my KO NFTs should also back them up too. https://t.co/59745xLPcR