Foundation

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Foundation is a creator-first NFT platform featuring an entirely on-chain NFT marketplace.

Basics

"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

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

"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

"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

Funding

Partners