Comment on Nyan Cat on the BlockchainComments−ryanwhitney5yRegardless of being paid for with ethereum, aren’t you just purchasing this on the foundation platform? (i.e no foundation, no art/ownership?)−meowkit5yNo, Foundation seems to be a dapp, so its more like an interface to see the art and transact on it. Its functioning like a brokerage.The art/payment/ownership is all on Ethereum. They claim to be completely noncustodial https://foundation.app/terms−qqii5yThe point is anyone can create an NFT platform and upload their own nyan cat to it.
Comments
Regardless of being paid for with ethereum, aren’t you just purchasing this on the foundation platform? (i.e no foundation, no art/ownership?)
No, Foundation seems to be a dapp, so its more like an interface to see the art and transact on it. Its functioning like a brokerage.
The art/payment/ownership is all on Ethereum. They claim to be completely noncustodial https://foundation.app/terms
The point is anyone can create an NFT platform and upload their own nyan cat to it.