TradePort Partners with Mysten Labs for Decentralized NFT Storage

TradePort, a leading multichain NFT marketplace, has announced a strategic partnership with Mysten Labs to utilize Walrus, a decentralized data storage application, for storing metadata of its Move-based ecosystem NFT projects. As the largest NFT marketplace on Sui, TradePort facilitates seamless NFT trading across multiple blockchain networks, including Sui, Aptos, NEAR, Movement, and Stacks.

Walrus Protocol, launched in October 2024, specializes in storing and delivering large unstructured data files, such as rich media content, audio files, video, images, and PDFs, from Web2 or Web3 sources. These files, known as blobs, are stored efficiently and securely by Walrus, which is served by Sui as the coordination layer. Walrus's storage is resilient, scalable, programmable, and secure, making it an ideal choice for NFT metadata storage.

George Danezis, Chief Scientist and Co-Founder of Mysten Labs, commented on the partnership, "Decentralized storage on a smart contract platform like Sui brings a new level of programmability and logic, which is a significant advancement in the NFT space."

Daniel Fritsche, Co-Founder of TradePort, added, "Object-based NFTs on Sui and other Move chains enable dynamic and composable NFTs, expanding the possibilities of NFT use cases. With programmable storage like Walrus, NFT metadata becomes just as dynamic and responsive, further enhancing the potential of NFTs."

In addition to existing NFT metadata, all data from TradePort's NFT collections released via their launchpad will be stored on Walrus. TradePort will be one of the first partners to store data on Walrus Mainnet, which is set to launch in the near future.