Storing Solana NFTs can be done in specific crypto wallets that are designed for this purpose. These wallets offer users a lot of features and are known to be very secure.
In addition, Solana also has one of the best web3 storage options for NFT projects, which is great news for NFT creators and collectors looking for the best storage options for their NFTs.
Moving on, NFTs are meant to live forever, being bought, sold, held, and enjoyed for the rest of the time. As such, the storage on which your assets are written should be permanent.
• Solana NFTs can be stored using either Solana NFT storage options or recommended Solana NFT wallets.
• Some of the recommended Solana NFT wallets allow users to earn rewards by staking Solana, serving as a major attraction for users to utilize such wallets.
• Amazon Web Services S3 is a good option for storing NFTs that are not censorship resistant and permanent.
Solana NFTs created through Metaplex are written to scalable, durable, permanent, censorship-resistant storage by default, but there are other options available too. Let’s take a look.
Solana NFT Storage Options
Arweave is a decentralized, trust-minimized, censorship-resistant data storage network designed to retain data permanently, making it a great fit for NFTs.
To cover the cost of storing your media forever, storage and mining fees are paid at the time of upload and distributed to storage providers participating in the network.
Arweave storage fees
Storage fees are based on the total size of the files you upload to the network during NFT creation. Each NFT consists of three files:
- The asset itself (image, video, audio, etc.).
- The accompanying metadata file (attributes etc.).
- A generated manifest which creates a logical grouping or relationship between your files.
The cumulative size of these files (in bytes) is submitted to the Arweave storage cost estimation service, which returns the real-time estimated fee for the storage, priced in Winstons. Solana then converts the Winstons to SOL for payment.
There is also the Arweave storage calculator that you can use to estimate your NFT creation costs.
NFT.Storage is a free service that provides long-term NFT data storage on the decentralized Filecoin network with fast retrieval through IPFS. NFT.Storage currently supports files up to 31 GB and does not charge for storage.
NFT.Storage is currently supported in Sugar. You can take a look at the Sugar storage guide for details about the configuration settings to use.
The InterPlanetary File System (IPFS)is a decentralized, trust-minimized, censorship-resistant, peer-to-peer hypermedia protocol designed to preserve and grow humanity’s knowledge by making the web upgradeable, resilient, and more open.
Its P2P design allows for file deduplication and other efficiencies. IPFS is not designed to store files permanently and so is therefore not the default storage option.
Amazon Web Services S3 is a global, affordable but centralized storage provider. Because S3 is centralized, NFTs stored there are not censorship-resistant.
If AWS receives legal threats, decides they no longer support NFTs, goes out of business, or you stop making payments, they can remove your assets from their service, potentially leaving holders of your NFTs without their media.
For NFTs, which are meant to be censorship-resistant and permanent, we do not recommend using S3. However, it is an affordable option, so depending on your needs, it may be what you need.
What is a Digital Wallet?
A digital wallet is a device or application that stores a collection of keys and can be used to send, receive, and track ownership of cryptocurrencies and NFTs. Wallets can take many forms.
A wallet might be a directory or file in your computer’s file system, a piece of paper, or a specialized device called a hardware wallet.
There are also various smartphone apps and computer programs that provide a user-friendly way to create and manage wallets.
Recommended Solana NFT Wallets
There are specific Solana wallets you can use to store your Solana NFTs.
They include Phantom wallet, Solflare wallet, Math wallet, Exodus wallet, Ledger Nano X wallet, Solong wallet, Atomic wallet, etc.
These wallets come with different features and are known to have state-of-the-art security for storing Solana NFTs.
Also, they offer other services and rewards for interested users who may decide to explore and go well beyond just storing NFTs.
You can also store your NFTs in Ledger Nano brand of wallets.
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Solana NFTs are unique NFTs with various characteristics that can be stored either in the recommended Solana NFT wallets as listed above or in Solana NFT storage options.
It is up to you to decide what kind of Solana NFT you are looking at and how you want to store them.
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