Foundation
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
Token
Launch
Token allocation
Utility
Token Details
Stablecoin
Tech
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on:
- Programming language used:
Transaction Details
How it works
Mining
Staking
Liquidity Mining
Layer Two
Different Implementations
Interoperability
Other Details
Privacy Method being used
Compliance
Oracle Method being used
Their Other Projects
DEX
Governance
DAO
Self Funding Mechanism
Upgrades
Roadmap
- Can be found [Insert link here].
Audits
- Bug bounty program can be found [insert here].
Bugs
Usage
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
Coin Distribution
Pros and Cons
Pros
Cons
Team, Funding, Partnerships, etc.
Team
- Full team can be found [here].
- Kayvon Tehranian; CEO