Projects

Foundation - Logo

Foundation

Standardized
NFT marketplaces
Price
N/A
Chains
Ethereum - Logo
1 chain

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What is Foundation?

Foundation aims to build a new creative economy by empowering artists, collectors and other users to buy, sell, and participate in live auctions for various digital pieces of art.

How does Foundation work?

Foundation enables users to mint and sell their digital art and earn royalties in return (supply-side fees). The platform takes a fee for each successful trade (revenue).

Who governs Foundation?

Foundation is a NFT marketplace, featuring live auctions, built on Ethereum. The platform was founded by Kayvon Tehranian and it was launched in February 2021.
RevenueFoundation's share of fees$50Connect NFT buyers and sellersSupply-side feesCreators' share of fees$50CreatorsFeesMarketplace and royalty fees$100Buyers
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.