There is a hidden risk in the NFT market that few people have pointed out: the artwork you spend a lot of money on is actually not truly in your hands. Most of the time, you're just buying a link pointing to an address in the cloud, and whether that link is active or the content still exists is all uncertain.
Until recently, I played around with Walrus Protocol combined with the Kiosk standard in the Sui ecosystem, and only then did I understand what real "data trading" looks like.
**10GB file, one NFT to handle it**
I am an independent photographer with a collection of raw 8K resolution footage, about 10GB in total. The previous approach was quite awkward: upload to a cloud storage, give the buyer a link, and then worry—what if they transfer it to someone else after getting it? Is the amount I received fair for this collection of assets?
Now, the process has been reversed. I upload this 10GB of data to Walrus Protocol, then directly mint an NFT, embedding the data's Blob ID and access permissions. More importantly, I set an "access threshold" through Kiosk's policy engine—only the holder of this NFT can read the high-resolution original image, while others see only garbled data.
**Ownership and decryption rights transfer simultaneously**
The moment I sell the NFT to the buyer on Kiosk, something truly magical happens.
As soon as the transaction is confirmed on the blockchain, both the ownership and decryption rights of the data jump to the buyer's account. I don't need to manually deliver the data, and they don't have to worry about me taking the money and running. The entire logic is closed within the smart contract.
This is no longer just "trading virtual assets," but a real "data container transfer." The commercial interface not only manages permissions but also automates the entire delivery process. This is what Web3 should look like.
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hodl_therapist
· 01-10 20:45
Wow, finally someone has clarified this issue. Those previous NFT projects were really just scams.
This is what true ownership transfer looks like, not just buying a vague link.
Walrus + Kiosk this combination is impressive, with decryption rights directly bundled on the chain, smart.
The photographer scenario is so realistic, it really wasn't possible before.
Wait, could this system also crash someday? I'm still a bit uneasy.
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GateUser-75ee51e7
· 01-10 20:41
This is what NFTs are supposed to look like. Finally, someone has clarified the issue of data ownership.
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ImpermanentSage
· 01-10 20:38
Finally, someone has explained this clearly. The previous NFT transactions were indeed a joke.
Walrus's system is truly excellent. Data ownership and decryption rights are directly bound, so there's no need to trust the other party or worry about being transferred. This is what a smart contract should do.
The photographer case hit the nail on the head. It was indeed awkward before, but now with on-chain settlement and a closed loop, no one can run away. Awesome.
This wave of Sui ecosystem's Kiosk standards are quite impressive. Other public chains should learn from it.
Everyone who has bought fake NFTs understands that feeling of frustration. Only with Walrus Protocol can you truly sleep well.
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DefiSecurityGuard
· 01-10 20:30
hold up... walrus protocol actually solving the custody problem? that's... legitimately not nothing tbh
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orphaned_block
· 01-10 20:24
Ha, this is what a real NFT should do, not just speculating on those floating JPEG links.
Finally, someone has linked data ownership and usage rights together. The previous approach was always ridiculous.
It looks like the combination of Walrus + Kiosk really solves the big problem before—direct on-chain delivery without the risk of running away, guaranteed by smart contracts. This idea is wild.
A 10GB asset can be handled with a single NFT. Compared to the old method of sharing links via cloud storage, it's really primitive.
The key is automatic permission transfer. Once confirmed on the chain, the ownership is completely transferred, no need to trust anyone anymore.
It seems this direction is truly interesting for creators like photographers and designers. The middlemen used to eat up the price difference.
There is a hidden risk in the NFT market that few people have pointed out: the artwork you spend a lot of money on is actually not truly in your hands. Most of the time, you're just buying a link pointing to an address in the cloud, and whether that link is active or the content still exists is all uncertain.
Until recently, I played around with Walrus Protocol combined with the Kiosk standard in the Sui ecosystem, and only then did I understand what real "data trading" looks like.
**10GB file, one NFT to handle it**
I am an independent photographer with a collection of raw 8K resolution footage, about 10GB in total. The previous approach was quite awkward: upload to a cloud storage, give the buyer a link, and then worry—what if they transfer it to someone else after getting it? Is the amount I received fair for this collection of assets?
Now, the process has been reversed. I upload this 10GB of data to Walrus Protocol, then directly mint an NFT, embedding the data's Blob ID and access permissions. More importantly, I set an "access threshold" through Kiosk's policy engine—only the holder of this NFT can read the high-resolution original image, while others see only garbled data.
**Ownership and decryption rights transfer simultaneously**
The moment I sell the NFT to the buyer on Kiosk, something truly magical happens.
As soon as the transaction is confirmed on the blockchain, both the ownership and decryption rights of the data jump to the buyer's account. I don't need to manually deliver the data, and they don't have to worry about me taking the money and running. The entire logic is closed within the smart contract.
This is no longer just "trading virtual assets," but a real "data container transfer." The commercial interface not only manages permissions but also automates the entire delivery process. This is what Web3 should look like.