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NFT Marketplaces · OBOL rating

Foundation review

A serious art platform with enforced royalties and almost no secondary liquidity, which is roughly how galleries work.

7.3/10
Solid
#9 of 15 nft marketplacesChecked August 2026
The short answer

Foundation is a curated platform for single-edition digital art with royalties honoured on secondary sales and clean auction mechanics. Secondary liquidity is very limited, which is roughly how galleries work and should be understood before buying.

Best forCurated single-edition digital art

Score breakdown

Category rubric →
  1. Approval & custody safetyweight 25%
    8.5avg 7.9
  2. Fee clarityweight 20%
    8.5avg 8.1
  3. Liquidityweight 20%
    4.5avg 6.0
  4. Royalty policyweight 15%
    9.0avg 7.3
  5. Chain coverageweight 10%
    4.0avg 6.5
  6. Usabilityweight 10%
    8.0avg 8.0

this service category average across 15Score = Σ mark × weight. Works well for a specific use case, weaker outside it. Methodology.

The evidence behind each mark

Scoring rules →
CriterionMarkWhat we foundSourceChecked
Approval & custody safety8.5not sourced yetnot sourced yet—
Fee clarity8.5not sourced yetnot sourced yet—
Liquidity4.5not sourced yetnot sourced yet—
Royalty policy9.0not sourced yetnot sourced yet—
Chain coverage4.0not sourced yetnot sourced yet—
Usability8.0not sourced yetnot sourced yet—

What we liked, and what fell short

Liked
  • Creator royalties are honoured on secondary sales
  • Curated, high-quality single-edition work
  • Clean minting and auction mechanics
Fell short
  • Secondary market is very illiquid
  • Ethereum-only with a narrow focus

Why the marks landed where they did

Foundation positioned itself as a gallery rather than a marketplace, with curated access for artists and a focus on single-edition work. That focus produced a higher quality bar than open platforms and a much smaller market.

Auctions and royalties

The auction mechanics — reserve prices, timed extensions on late bids — work as expected and prevent the sniping that plagues simpler implementations. Creator royalties of 10% are honoured on secondary sales, and Foundation maintained that position when larger venues abandoned it.

The liquidity reality

A single-edition work has one owner and one potential resale at a time. Secondary volume on Foundation is minimal, and a purchase should be treated as acquiring art you want to own rather than a position you expect to exit. The platform does not pretend otherwise, which is more honest than the marketing on most NFT venues.

Fees

5% on primary sales, which is reasonable for curation and hosting, with royalties flowing to creators on secondary.

Who should use it

Collectors buying digital art for its own sake, and artists wanting a curated context with royalties intact. Anyone thinking about resale value should look elsewhere.

FAQ

Does Foundation pay royalties?
Yes, 10% to creators on secondary sales, maintained even as larger marketplaces made royalties optional.
Can I sell what I buy on Foundation?
Possibly, eventually. Secondary liquidity is minimal, so purchases should be treated as collecting rather than trading.
What does Foundation charge?
5% on primary sales, with creator royalties applying on secondary transactions.
Is Foundation curated?
Yes, artist access is curated, which produces a higher quality bar and a smaller market than open platforms.