Foundation Overview
- What is Foundation?
Foundation is an Ethereum-based NFT marketplace developed by Kayvon Tehranian and Matthew Vernon that allows creators and artists to sell and launch their digital collections. It allows developers to build on Foundation's smart contracts.
- Main Features
- Build and customize onchain storefrontsSpotlight and promote creatorsEarn fees from salesIntegration with popular creator toolsFull onchain integrity for artists
- Blockchains
- Ethereum
Frequently asked questions
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Customizable onchain storefront: Foundation allows users to build and customize their own onchain storefronts using powerful, no-code tools. This enables sellers to create a curated storefront that showcases their NFTs and promotes the work of artists.
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Fee earnings: Sellers can set a custom fee that is charged to other sellers each time they sell in their World. This means that sellers can earn a fee every time an NFT is sold in their curated storefront.
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Integration with favorite creator tools: Foundation works with popular creator tools, allowing sellers to easily sell NFTs, launch drops, or create editions. This means that sellers can leverage the tools they already know and love to manage their NFT sales on Foundation.
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Full onchain integrity: Artists mint their NFTs to their own smart contracts on Foundation, giving them control over the provenance of their artwork. This ensures that the integrity of the artwork is maintained throughout the selling process.
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Collaboration opportunities: Foundation allows sellers to invite their favorite artists and sellers to their onchain allowlist, enabling them to sell their creations in their custom World. This promotes collaboration and the promotion of exceptional talent within the NFT community.
"Worlds" on Foundation refers to a curated space within the platform that allows artists and creators to launch their own digital environments or collections. These Worlds are essentially personalized galleries or thematic collections that showcase a cohesive body of work from an artist or a collaborative project. Each World is unique, providing artists with the opportunity to create immersive experiences around their NFT art, tell stories, and engage with their audience in a more profound and interactive manner. This feature supports the broader vision of Foundation to not only facilitate the buying and selling of digital art but also to enrich the community's experience by offering deeper insights into the creative process and the narratives behind the artworks. Worlds offer a new dimension to the NFT space, emphasizing the artistic and conceptual aspects of digital creation.
Foundation allows creators to use a variety of creator tools to build and customize their onchain storefronts. These tools include the ability to spotlight creators, promote their work, and earn a fee each time an NFT is sold in their World. Foundation also allows creators to invite their favorite artists and sellers to their onchain allowlist and start selling their creations in their custom World. Additionally, creators can set a custom fee that is charged to their sellers each time they sell in their World. Foundation is compatible with various creator tools, including those used to sell NFTs, launch drops, or create editions.
Foundation ensures onchain integrity for artists by allowing them to mint their own NFTs to their own smart contracts and maintain control over the provenance of their artwork. This means that artists have full ownership and control over their creations, ensuring that their work is accurately represented and authenticated on the blockchain.
To connect with artists and sellers on Foundation, you can start by building your personal Feed. Connect your wallet and follow some of your favorite creators on the platform. Additionally, you can create a World on Foundation, which allows you to coordinate with sellers, build a curated storefront, and share in the sales.
The benefits of using Foundation for selling NFTs include:
Overall, Foundation provides a user-friendly platform for sellers to create and manage their own curated storefronts, earn fees from NFT sales, and collaborate with artists and sellers in the NFT community.
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