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Torrent Site for NFTs Launched, Reaches Over 1.2M Users in Just 10 Hours -Breaking

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Launched Torrent Site For NFTs, Reached More Than 1.2M Users In Just Ten Hours
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Geoffrey Huntley, an Australian software developer, created a ‘Pirate Bay’ for non-fungible tokens (NFTs). Called the “The NFT Bay”, the repository has 17.96 terabytes of NFT image copies. The JPEG version received over 1.2 Million copies in less than 10 hours.

The website has the same logo and layout as ‘The Pirate Bay’, a torrent website where users can download pirated media like films, music, and video games.

The official statement by the NFT Skeptic stated that this stunt was artistic in nature. Huntley describes it as an educational art project, where users will understand and reconsider what they really are “buying when purchasing NFT art.” He further noted:

I believe http://thenftbay.org will help people understand the NFT art they are purchasing. The site provides only instructions on how to download or access an image. The image is not stored on the blockchain and the majority of images I’ve seen are hosted on web2.0 storage which is likely to end up as 404 meaning the NFT has even less value.

Meanwhile, CEO and founder of NFT development agency WestCoastNFT Steve Mitobe disputed Huntley’s idea. He said, “the standard for most NFTs is to use decentralized network storage technology such as IPFS or Arweave.”

IPFS (InterPlanetary file System) is a peer to peer network that allows data sharing and storage in a distributed filesystem. Arweave provides a permanent global storage solution using proof-of access technology.

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