Often shortened as IFPS, the Interplanetary File System is a distributed storage system that holds NFT data in a peer-to-peer fashion. IFPS writes data to nodes (users’ computers) rather than a centralized database that exchanges data via HTTP routing. So IFPS decentralizes content sharing using the content routing protocol. Hence, when someone within the network request data, it serves them a cached version from other nodes, enhancing faster data delivery within the blockchain.
IGO stands for “initial game offering.” It’s an early form of investment that allows the bidders to explore the early development stage of an NFT