Foundation Marketplace
Foundation is a specialist platform designed to bring digital creators, crypto natives, and collectors together to move culture forward. It was launched in February 2021 and is presently ranked ninth by volume over the previous 30-days, ahead of established projects ArtBlocks and CryptoVoxels.
Foundation has a simple, intuitive design that allows users to easily navigate the platform and access its features. With a few clicks, they can explore the collections, check out trending creators and pieces, browse the marketplace, and purchase NFTs. In terms of fees, Foundation operates a fair system, whereby original creators receive 95% of the initial sale, with Foundation taking a 5% marketplace fee. In addition, original creators receive 10% of each secondary sale, helping to ensure they receive a fair share of the proceeds. Moreover, this platform only accepts Ethereum as a form of payment.
Pros of Foundation:
- Buy and sell art NFTs
- Easy to use
- Great for minting NFTs
Cons of Foundation:
- Expensive fees
- Only one payment option
General information:
- Types of NFTs: Digital art including images, videos, and 3D art
- Fees: 5%
- Blockchain: Ethereum
- Payment method: Ethereum (ETH)
- Website: https://foundation.app/