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Solana Foundation

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How Compression is Changing the Way We Think of NFTs

In today's episode, Austin moderates a panel discussion about compression with Jon Wong (Solana Foundation), Noah Prince (Helium Foundation), and Ilmoi (Tensor). Compression is a way of storing data on Solana that reduces costs by orders of magnitude. For now, its most common use case is compressed NFTs. With compression, you can mint one hundred million NFTs for two thousand dollars. Jon, Noah, and Ilmoi dive into the tech of how compression works, the ways in which developers are utilizing it, and how it may be a driving force in Solana's mass adoption.

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