Foundation is an NFT marketplace that is predominantly focused on digital art. The NFTs listed on the Foundation marketplace are offered via auction, with most running for 24 hours once a minimum bid is placed.
Foundation is built on the Ethereum blockchain, and users must use ETH to buy NFTs. At present, the platform only supports crypto wallets set up through MetaMask or WalletConnect, which can limit accessibility for investors.
In terms of fees, Foundation charges a 15% service fee to the seller on each transaction, but no fees to buyers.