Several NFT enthusiasts and owners replied to Huntley’s original tweet, defending NFTs and explaining that The NFT Bay does not change the value of NFTs, since proof of ownership is stored on the blockchain. The project has inspired a heated debate about the value of NFTs, claiming that NFTs are, fundamentally, just JPEG images that can be downloaded and shared with the masses. “Fundamentally, I hope through people learn to understand what people are buying when purchasing NFT art right now is nothing more than directions on how to access or download an image,” he wrote. In a press statement posted to GitHub, Huntley said he considered the initiative to be “an educational art project.” There are also zip files said to contain all of the NFTs from the Ethereum and Solana blockchains - about 20TB of data. The image is not stored in the blockchain contract.”Īccording to The Verge, the site features a torrent file that will allow you to download a file called “preview.jpg” containing several JPEG images of Bored Ape NFTs. “That’s why you can right-click save-as because they are standard images. “Did you know that an NFT is just a hyperlink to an image that is usually hosted on Google Drive or another Web2.0 webhost?” Huntley wrote in The NFT Bay’s description. ?OMG WHO RIGHT CLICKED ALL OF THE #NFTs?☠️ The website was created by Geoff Huntley, who described himself as “a software engineer and DevOps engineer with a ‘Jack-of-All-Trades’ background.”

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