TradePort Partners with Mysten Labs for Decentralized NFT Storage on Walrus

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 all 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.

George Danezis, Chief Scientist and Co-Founder of Mysten Labs, commented on the partnership, "Initially, decentralized storage may sound like a concept you’ve heard of before. But on a smart contract platform like Sui, storage is capable of logic and programmability, which is a complete game-changer."

Daniel Fritsche, Co-Founder of TradePort, added, "Object-based NFTs rise far above what the NFTs of the 2022 boom were able to achieve. Thanks to their innate structure, Sui and other Move chains enable dynamic and composable NFTs, which dramatically open up the possibilities of NFT use cases. Add in programmable storage, and the attached NFT metadata becomes just as dynamic and responsive. This is only possible on a performant storage network like Walrus."

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.