Foundation Permanently Shuts Ethereum NFT Marketplace After Sale Process Fails

Foundation is permanently shutting down its Ethereum NFT marketplace after a proposed sale to digital art display company BlackDove failed. Founder Kayvon Tehranian announced on X on April 17 that the platform’s infrastructure has already been shut down and said the company will not pursue another buyer. The closure ends a marketplace that handled about $230 million in primary sales.

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