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Foundation is an NFT marketplace serving creators, collectors, and developers. Collectors have the option to resell NFTs they have purchased, and creators receive a 10% royalty each time their piece is resold.
What is Foundation?
Foundation is a decentralized platform operating on the Ethereum network, designed to facilitate the creation, buying, and selling of non-fungible tokens (NFTs). It aims to empower artists and creators by providing a transparent and direct marketplace for digital art and collectibles.
How Does Foundation Work?
Foundation operates as a decentralized application (dApp) where users connect via Web3 wallets like MetaMask. Creators can mint NFTs by deploying smart contracts, while collectors can participate in auctions or direct purchases using Ethereum (ETH). The platform ensures transparency and security through blockchain technology.
What Makes Foundation Unique?
Foundation stands out by focusing on exclusive and rare NFT collections, fostering a community-driven approach. It offers a 10% royalty to creators on secondary sales, ensuring ongoing benefits. The platform emphasizes high-quality digital art and has hosted notable sales, including Edward Snowden's 'Stay Free' NFT.
Who Are the Founders of Foundation?
Foundation was co-founded by Kayvon Tehranian, who announced the platform in May 2020. The team comprises individuals with backgrounds in art, design, and technology, aiming to bridge the gap between creators and the crypto economy.

Latest News

What Key Events Have There Been for Foundation?
Since its launch in 2020, Foundation has achieved significant milestones, including surpassing $150 million in sales and hosting over 200,000 NFTs. Notable events include the sale of Edward Snowden's 'Stay Free' NFT for 2,224 ETH and the Tor Project's NFT sale for 500 ETH.
Project Announcements
Foundation continues to expand its platform, introducing new features and collaborations to enhance the user experience and support the creator community.

Upcoming Events

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Projects Announcements

Where to Buy Foundation?
Foundation tokens can be purchased on the Foundation platform itself, where users can participate in auctions and direct sales using Ethereum. Additionally, secondary sales may occur on other NFT marketplaces that support Ethereum-based NFTs.
Foundation Price
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Market Cap and Valuation
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Foundation Price Prediction
As of now, there are no available forecasts from reliable experts or publications regarding the future price of Foundation tokens. The market is influenced by factors such as market sentiment, adoption rates, and overall trends in the NFT space.

FAQ

What is the Purpose of Foundation? jiantou jiantou

How Can I Participate in Foundation's Ecosystem? jiantou jiantou

What Sets Foundation Apart from Competitors? jiantou jiantou

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What are the Risks Associated with Foundation? jiantou jiantou

Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.

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