{"id":722315,"date":"2026-04-17T14:25:10","date_gmt":"2026-04-17T11:25:10","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/ethereum-nft-platform-foundation-shuts-down-after-failed-blackdove-sale\/"},"modified":"2026-04-17T14:25:10","modified_gmt":"2026-04-17T11:25:10","slug":"ethereum-nft-platform-foundation-shuts-down-after-failed-blackdove-sale","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ethereum-nft-platform-foundation-shuts-down-after-failed-blackdove-sale\/","title":{"rendered":"Ethereum NFT platform Foundation shuts down after failed Blackdove sale"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDlhOGYtMDE0Yy03MzE4LThkMWUtMWVjOWYzYmI4YmMxLmpwZw==.jpg\" alt=\"Ethereum NFT platform Foundation shuts down after failed Blackdove sale\" class=\"type:primaryImage\"><\/p>\n<p>Foundation is shutting down after a failed sale to Blackdove, having processed about $230 million in NFT primary sales since its launch in 2021.<\/p>\n<p>Foundation, one of the better-known Ethereum-based non-fungible token (NFT) marketplaces of the 2021 boom, is shutting down after the sale that was supposed to keep it operating fell apart.<\/p>\n<p>Kayvon Tehranian, Foundation\u2019s founder and CEO, took to X on Wednesday to <a rel=\"nofollow\" target=\"_blank\" title=\"https:\/\/x.com\/saturnial\/status\/2044555725717098750?s=20\" href=\"https:\/\/x.com\/saturnial\/status\/2044555725717098750?s=20\" target=\"_blank\" rel=\"nofollow noopener\">announce<\/a> the marketplace\u2019s closure following a failed acquisition by the digital art distribution platform Blackdove.<\/p>\n<p>Although Tehranian did not directly mention Blackdove, he said the original goal of the sale was to ensure the platform would continue operating under new ownership. \u201cThat\u2019s no longer possible,\u201d he said, adding that Foundation is not in a position to bring the marketplace back online.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/foundation-nft-marketplace-shutdown-failed-sale?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foundation is shutting down after a failed sale to Blackdove, having processed about $230 million in NFT primary sales since its launch in 2021. Foundation, one of the better-known Ethereum-based non-fungible token (NFT) marketplaces of the 2021 boom, is shutting down after the sale that was supposed to keep it operating fell apart. Kayvon Tehranian,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":722316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/f=auto,onerror=redirect,w=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2026-04\/019d9a8f-014c-7318-8d1e-1ec9f3bb8bc1.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-722315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/722315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=722315"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/722315\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/722316"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=722315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=722315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=722315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}