Too Long; Didn't Read
Some popular NFT platforms from the 2017-2018 era, like Ascribe, Digital Objects, and Edition, eventually went under. These projects stored their metadata on their own servers, so when they went bust, their tokens’ visuals were lost to time. In the wake of FTX’s collapse that same NFT, plus all the other NFTs minted at FTX, now have broken metadata: Because SBF and FTX relied on a centralized server system. This system was “good enough” before, but it’s not running those servers anymore.