Foundation is a decentralized marketplace and platform for buying, selling, and creating digital art as Non-Fungible Tokens (NFTs). Founded in 2018, Foundation provides artists with a platform to showcase their digital creations, engage with collectors, and monetize their work in the growing NFT ecosystem.
Key aspects of Foundation include:
- Digital Art Marketplace: Foundation operates as a decentralized marketplace where users can discover, buy, and sell digital artworks represented as NFTs. The platform features a curated selection of high-quality digital art across various styles, genres, and mediums.
- Artist-Centric Platform: Foundation is artist-centric and aims to empower creators by providing them with tools, resources, and support to showcase and monetize their digital creations. The platform prioritizes the interests and needs of artists, fostering a community-driven environment.
- Curation and Quality: Foundation emphasizes curation and quality, with a team of curators responsible for selecting and featuring artworks on the platform. Artists must apply and be approved to sell their work on Foundation, ensuring a high standard of artistic excellence and originality.
- Creator Tools: Foundation offers creators a suite of tools and features to mint, list, and manage their digital artworks as NFTs. Artists can tokenize their creations, set their desired prices, and specify royalty rates for secondary sales, providing them with control and flexibility over their work.
- Community and Engagement: Foundation has a vibrant and engaged community of artists, collectors, and enthusiasts who participate in discussions, events, and collaborations on the platform. The community-driven nature of Foundation fosters collaboration, feedback, and interaction among its users.
- Secondary Market: Foundation supports the secondary trading of NFTs, allowing collectors to buy, sell, and trade digital artworks on the platform. Artists earn royalties on secondary sales, incentivizing them to continue creating and contributing to the platform.
- Integration with Ethereum: Foundation is built on the Ethereum blockchain and utilizes Ethereum smart contracts to facilitate the minting, buying, selling, and trading of digital artworks as NFTs. Users interact with the platform using Ethereum wallets and blockchain transactions.
Overall, Foundation provides a decentralized and artist-friendly platform for the creation, distribution, and ownership of digital art as NFTs. With its focus on curation, quality, and community engagement, Foundation continues to attract artists and collectors seeking to participate in the growing NFT art market.
For more info visit https://foundation.app/