Blockchain Foundry Inc. Launches NFT MarketplaceJanuary 11, 2022
On January 11, 2022, Blockchain Foundry Inc. (CSE: BCFN), a firm that develops and commercializes blockchain-based business and consumer solutions, launched a marketplace for non-fungible tokens (“NFTs”) known as the LastKnown Marketplace.
The LastKnown Marketplace is a curated, multi-chain digital asset marketplace for artists looking to develop their art into NFTs through a customizable NFT minting platform. Award-winning artist Chairman Ting became the first artist to be featured on the LastKnown Marketplace through the release of his Billions Buns collection, comprising 888 unique NFTs priced at 0.88 ether each. The sale of Chairman Ting’s NFTs began with a 24 hour private presale on January 10, 2022, in which more than half the collection sold despite high Ethereum network fees. After the public sale began on January 11, 2022, the remaining NFTs were sold in approximately 48 seconds.
Wildeboer Dellelce LLP acted for Blockchain Foundry Inc. in connection with its establishment of the LastKnown Marketplace, with a team comprised of Geoffrey Cher, Colin Romano and Emma Weiss.