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Why doesn't NFTs use something like IPFS so that if the centralized entity goes down, the NFT does not?

Is it because these decentralized file systems are no where near as performant as something like AWS S3 and can't be used to quickly load NFTs?

NFT metadata is stored in a centralized service,like S3,because it is more mature and cheap. The decentralized storage, like IPFS or arweave,is also an option.