Talk to our Consultant decentralized data storage Permanence and invariance are integral parts of the unique and irreplaceable NFT industry. Projected to extend a market capitalization value of $710 Million in 2021, the non-fungible token (NFT) market is witnessing progressive growth. The fundamental defects in design fail to impart these characteristics for NFTS targeted for consumers and the growing library of new assets are minted as NFTs at risk of loss.