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The Cryptoart Community Is Salvaging Foundation's Art

Onchain infrastructure doesn't go dark when a company does.
The Cryptoart Community Is Salvaging Foundation's Art
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Foundation, once among the most popular NFT minting platforms on Ethereum, shuttered this month after a planned acquisition by Blackdove collapsed rather messily.

This wind-down created two pressure points for past Foundation users. The official frontend is offline for good (making workarounds necessary for asset management), and the platform is pinning its NFT metadata on IPFS through April 2027 (bringing into question longterm availability).

Neither of these are impassable problems though, and in fact they've already largely been solved for by various parallel efforts in the cryptoart community. And it's worth underlining that these "fixes" are possible because of Foundation's open design.

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William M. Peaster

Written by William M. Peaster

1026 Articles View all      

William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he covers the onchain frontier with a particular interest in art, games, and other culture apps. He has a background in creative writing and writes fiction in his free time.

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