[NFT Platform Foundation Announces Permanent Closure Due to Failed Sale] Odaily Planet Daily News: Ethereum NFT marketplace Foundation has announced its permanent closure and cessation of operations. Founder Kayvon Tehranian stated that the original plan was to sell the platform to potential buyers to continue operations, but the deal fell through. The company has decided not to seek other acquirers, and the related infrastructure has been shut down with no plans for restarting. It is reported that in January this year, Foundation transferred ownership to digital art company BlackDove, but after completing due diligence, BlackDove decided to develop its own platform, leading to the termination of their collaboration. Foundation facilitated approximately $230 million in primary sales, and its closure has once again raised concerns in the market about the sustainability of centralized NFT infrastructure.