Foundation Clone Script - The Perfect Strategy to build a lucrative NFT Marketplace like Foundation

The Foundation NFT Marketplace has begun to lay a deep foundation in the Crypto space!  In March 2021, its traders volume rose upto 900% and the trade volume surges to 1300%.. It's a  kind of NFT Marketplace that supports  auctions and that turns out its stand alone feature! Within the short duration of 4 months, it’s ranked in between top 10 NFT Marketplaces.

Foundation Clone Script

Foundation Clone Script is the white label NFT Marketplace script that operates similarly to Foundation in context with features and functionalities, leverages the auction process and promotes attractive storefront design to list NFTs. The script can build a NFT marketplace-like foundation to foster support for artists, creators and collectors through an interconnected network. This script is open to customization, the buyer of the script can kick up everything on their own wish from Blockchain Technology to Integrated APIs

Specifications of Bitdeal’s Foundation Clone Script

• Script Type: NFT Marketplace Script
• Blockchian : Ethereum Blockchian (Customizable)
• Version : latest Updated 1.0
• Supported Tokens: ERC 20 (Customizable)
• Integrated APIs : All Prime APIs Integrated

Features of Foundation Clone Script

Advanced Asset Categorization: Advanced Assets Categorization to match up with Individual likes and dislikes
Performance tracking : Effective Performance tracking to track the entire user performance from the day one itself
Storefront: Attractive Storefront feature to display the listed NFTs
Analytics : Analytics to easily understand statistics 
listing : NFT listing features to list out NFTs in a effective way
Auction Process: Auction Process to sell your listed NTTs on good price
Bit option: Lets Creators to specify their Bid Price
NFT Wallet: Integrated NFT Wallet to store, sell and buy all kinds of NFTS
Integrated Payment Gateways: Integrated payment gateways like credit card, debit card, cryptocurrencies, etc, 
Blog Section: Blog Section to elaborated the featured NFTs and to intimate some other new features to the users

Foundation - The Glimpse

Foundation is a NFT Marketplace built on Ethereum Blockchain commenced in the month of February, 202 which is a kind of open, decentralized community. They describe themselves as a Easy to use platform where users can create, buy, sell NFTs like they are using instagram.Till the launch time the creators have earned upto 23,150 ETH in this platform. Recently the foundation has been known as the platform where one can buy good NFTs at a fair price.

This Permission less open community lets anyone build an app on their foundation contract which is completely a free platform. One can also use data form foundation subgraphs to display UI via  GraphQL 

Foundation Trading Fee 
The Trading Fee on Foundation is much less when we compared it with a physical art works 

• All kinds of Fee are deducted only via ETh as all NFTs are labelled in ETH as it is built on Ethereum Blockchain
• Once the auction is done, 85% of the final price is sent to creator and 15% is taken as Exchange Fee
• When the NFT goes to reselling, then 10% of total price has sent to creator wallet, to provide authenticity to Creator work

How Does Foundation Clone Script Works

• To begin with, user need to create an account and fund the crypto wallet
• Creators can upload their artwork either in png, jpg, or video format
• The Platform will intimate the listing status to creator
• Once its verified, Creator can fix bid
• Once the auction process is done, the NFT has sent to desired buyer’s wallet
• Collectors can easily participate in auction process, once they have enough stuff in their wallet

How Auction Works in Foundation Clone Script

 Auction works entirely on the collectors side, once the NFT went live

• Artists lists the NFT for the reserved price
• The process took for 24 hours, once the first bid price is fixed
• If  the bid price of NFT is replaced by another, then auction extends for future 15 minutes
• The process goes on for 24 hours
• if  the collector won the bid, the NFT has sent to collector’s wallet and the desired price has been paid by collector

How To Start an NFT Marketplace like Foundation

1. At first, you need to precise in what kind of NFT Marketplace you are going to launch
2. Confirm the Blockchain Technology and supported Tokens
3. Choose the Frame work for your NFT Marketplace
4. Setup creator configuration and collector configuration
5. Incorporate InterPlanetary File System, IPFS to upload NFTs in NFT Marketplace
6. Integrated Token Minting feature
7. Integrate Payment gateways like Credit card, debit card, etc
8. Incorporate Security features like KYC, Two factor authentication, data encryption,etc,
9. Add attractive logo, UI/UX feature for your NFT Marketplace
10. Mainnet Launch

Business Benefits of using Foundation Clone

• Instant Market Launch
• Customizable
• Yields High ROI
• Attractive Dashboard options
• Superior Storefront design
• NFT Bid and Auction feature
• Scalability
• Rewards sections
• Integrated referral options

ERC Token Standards supported in Foundation Clone Script

Our script primarily supports the below tokens, yet based on the business needs it can be altered

• ERC-1155
• ERC20
• ERC 721 

How Much Does the Foundation Clone Script Costs?

Well, this is the epic question but we can’t able to fix the price range thus the price varies drastically based upon the 

• Resources Allocated
• Framework Used
• Blockchain Technology
• APIs Integrated
• UI/UX Design features
• Total time allocated, etc

But you can contact us anytime to know the price range of your business plan

Why Bitdeal ?

Bitdeal is the leading NFT Marketplace Development Company believes in digitalization and striving hard to uplift startups, enterprises in the crypto space. Going with the trend is our secret mantra and we hold

• 7+ years of field Experience
• Fortified Team with Strong Developers
• Agile Development Methodology
• On-time Deployment
• Round the clock technical support

Get a Free Quote from Bitdeal!!