Foundation
Foundation is a creator-first NFT platform featuring an entirely on-chain NFT marketplace.
Basics
- Founded in:
- Mainnet release:
- Based in:
- From Our Network (28-8-2020):
"Foundation is culture's stock exchange — a new medium for creators to release their limited-edition work as tokens on the Ethereum blockchain. Each token can be bought and sold in a bonding curve/AMM marketplace, and each whole token can be redeemed/burnt to receive a delivery of an item out of the limited edition collection. Since launching in May, Foundation has facilitated over $65K in trading volume. 8 creators have dropped so far, with a total of 21 live products, each with their own markets."
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Treasury
Token
Launch
Token allocation
Utility
Token Details
Stablecoin
Tech
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on:
How it works
Staking
Liquidity Mining
Different Implementations
Interoperability
Other Details
Oracle Method
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
- From Our Network (20-8-2022):
"Our NFT sales volume remains stable despite the market downturn, with over 6k NFTs sold in July alone. Additionally we have achieved nearly 70k ETH in volume after launching in February 2021."
Projects that use or built on it
- From Our Network (28-8-2020):
"Art: Signe Pierce is the leading artist on Foundation to date. Her work has accumulated ~$20k in trading volume. $UPER is the highest-traded token to date, doing $10k+ in volume, and seeing a total price increase of 103.15%.
Music: PLS&TY dropped the first vinyl record on Ethereum. Over 50% of the collection was sold within the first 24 hours, and has seen a total price increase of ~50%.
Fashion: Neue Goods released a crypto-inspired streetwear line, which has accumulated over $22k in trading volume. Each item in the collection has seen a total price increase of over 200%.
Design: Studio Zollo released a handmade brass matchbox as $FIRE — over 60% of the drop was sold within the first 24 hours, generating trading volume of $2.4k. And GlitchTextiles released a woven blanket with a design generated by Foundation's bytecode — accumulating over $5k in trading volume."
Competition
Pros and Cons
Pros
Cons
Team, Funding, Partners
Team
- Full team can be found [here].
- Kayvon Tehranian; CEO
