LooksMutable

Hi PH! 👋 I recently went down the NFT rabbit hole 🐇 and found something shocking. 🤯 Did you know NFTs are not permanently stored on the blockchain? Not all of them, at least. Or not how you probably imagine them to be. Turns out the NFT itself and the associated image are two different things. As in: the NFT doesn’t contain the artwork, which is more often than not stored somewhere else. 🚩 This is a big problem, because the place where the images are stored are often traditional, centralized, web2 servers. Think something like a Google Drive folder. Google might just take it down, and then your NFT would be gone, forever. And as with any centralized server, it can just go down, or the owners might stop paying for it... and the NFT would just stop existing altogether 💀 There’s nothing the owner of that NFT can do, because the server is just out of their reach, it just doesn’t belong to them. The key part of the NFT was stored all along in something that was out of their control and that was almost guaranteed not to last forever. Most NFTs are just not what most people think them to be, and many friends I’ve talked to are completely unaware of this fact. Understandably so: it is pretty counterintuitive given the main angle in which NFTs are being portrayed by media and influencers alike. But the truth is most NFTs take no advantage whatsoever of the blockchain. People are buying $20k NFTs whose data is stored in servers that can be edited just as I edit my website. 💡 That’s why I made LooksMutable. 👀 Looksmutable is a website that analyzes your wallet and spots which NFTs you own are mutable (bad), and which are actually stored on the blockchain. It's completely free to use. You can analyze any NFT collection, and find out which ones do it the right way, and which ones don’t. You can also analyze any wallet, even if it’s not yours, so you can sneak into other’s portfolios and see how many “bad” NFTs they actually own. You can even explore wallets from famous NFT influencers and celebrities The reality is pretty scary, though: most wallets have <50% “good” NFTs, and over 70% of all analyzed NFTs we’ve analyzed so far are just “bad”. I documented the whole process from idea to launch on Twitter, in the most #buildinpublic fashion possible: https://twitter.com/rameerez/sta... 🚀 I made this tool not only so you can protect your investments and use it before deciding to invest in any NFT, but mainly as a tool to educate people about mutable and immutable NFTs. If you know someone into crypto or NFTs, send them this! 🙏 It may help them. As always, happy to answer any questions you might have! 🙌 P.S.: I wrote an in-depth blogpost about this. It’s more technically precise and has a few extra interesting details! https://rameerez.com/no-your-nft...

Congrats on the launch Rameerez 💯 What are the next plans for the project?

Congrats on launch @rameerez! Long overdue project. Still very few people understand that their jpegs are most often hosted on S3 and not on IPFS… or that the metadata is coming from someone's API and not from IPFS lol.

Super nice! What did you learn most from building your first crypto/web3 project?

I've only recently come to understand what NFTs are all about and this app is a fantastic way to get more insight into your NFT. Great and relevant product, awesome work!

🤜 You did it man! Congrats!

This is a cool idea ?makers and helps bring more visibility to the NFT space. One question that you might be able to clarify for me is that I think the Twitter verified feature (among others) requires that assets be made available off-chain. Are there any obvious ways NFT makers should get around this requirement?