Nyan Cat on the Blockchain

Re:Nyan Cat on the Blockchain by ryanwhitney on Friday February 19, 2021 @04:00PM (#26197972)

Regardless of being paid for with ethereum, aren’t you just purchasing this on the foundation platform? (i.e no foundation, no art/ownership?)

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Re:Nyan Cat on the Blockchain by meowkit on Friday February 19, 2021 @04:17PM (#26198138)

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

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Re:Nyan Cat on the Blockchain by qqii on Friday February 19, 2021 @11:04PM (#26201457)

The point is anyone can create an NFT platform and upload their own nyan cat to it.

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Re:Nyan Cat on the Blockchain by fuJiin on Friday February 19, 2021 @08:14PM (#26200372)

Hi there - I lead eng at Foundation. The token is minted on Ethereum and and asset hosted on IPFS, so it's free to travel anywhere on the blockchain. We take a cut on the initial sale, but new owners can put it on other marketplaces and do whatever they want with the NFT.

As an examples - you can see Nyan Cat on OpenSea: https://opensea.io/assets/0x3B3ee1931Dc30C1957379FAc9aba94D1...

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