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Metadata Meaning

Data about data. In the digital asset world, metadata is the information that describes an asset.

For a Bitcoin transaction, the metadata might include the timestamp or a memo. For an NFT, the metadata is everything-the name of the art, the description, and the link to the image file.

Because storing data directly on a blockchain is very expensive, most NFT metadata is stored off-chain on systems like IPFS.

The blockchain only stores a link to that metadata.

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