Read on to learn about Foundation (FND) background, cultural significance, and other key information. Read More
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As the market for 1/1 pieces has become increasingly popular in the NFT space, Foundation has seen their marketplace grow at incredible rates through the past year. However, rather than operate under buy-it-now listings like some of its competitors, the majority of Foundation’s primary sales are 24 hour auctions, triggered by the first bid. Users can explore static and animated digital art, hand-d... + expand
In order to gain access to list work on the Foundation platform, new artists are encouraged to network and receive an invitation from an existing artist. This has fostered a lively camaraderie within the community of artists. This sort of self curation has maintained the quality and consistency of the work featured on the platform. + expand
The platform recently crossed over $46M in primary sales. Daily traffic has also been increasing, with over 20,000 active users, and averaging over 50k transactions over a rolling 30 day period. Edward Snowden’s Stay Free was the platform's highest sale of all time at 2224 ETH. Art Blocks Curated artist Shvembldr is one of the most active artists on the platform with 101 primary sales totalling 14... + expand
Cryptocurrencies are inherently risky, and emerging asset classes like NFTs are no exception towards the rule. Due to its lack of liquidity and trading volume, one-of-one artwork carries even more volatility, especially in the high end market. + expand