How do I withdraw funds from my NFT sales on Foundation?

Foundation Platform Withdrawal Mechanics

1. Sales proceeds from NFTs minted and sold on Foundation are settled exclusively in ETH, not stablecoins or fiat.

2. The platform does not hold user funds in custodial wallets; all ETH earned from sales resides directly in the connected Ethereum wallet address used during the sale transaction.

3. No internal withdrawal interface exists within Foundation’s frontend — users must initiate transfers externally using their wallet’s native send function.

4. Gas fees for withdrawal are paid in ETH and fluctuate based on network congestion; users must retain sufficient ETH balance beyond sale proceeds to cover these costs.

5. Foundation does not impose withdrawal delays, minimum thresholds, or processing windows — transfers execute as soon as the wallet signs and broadcasts the transaction.

Ethereum Wallet Requirements

1. Only non-custodial wallets compatible with EIP-1193 (e.g., MetaMask, Coinbase Wallet/Base, Rainbow) are supported for connection and fund movement.

2. Wallets must be unlocked and have an active RPC connection to the Ethereum mainnet; switching to testnets or alternative chains breaks withdrawal capability.

3. Private keys or seed phrases never pass through Foundation’s infrastructure — signing occurs locally within the wallet extension or mobile app.

4. Wallet addresses linked to Foundation accounts cannot be changed retroactively; a new wallet requires reconnection and manual verification steps.

5. Transactions initiated from wallets with compromised seed phrases or exposed private keys carry irreversible risk of fund loss during withdrawal.

Transaction Confirmation & Verification

1. Every ETH transfer from a Foundation-linked wallet appears as a standard Ethereum external transaction, visible on Etherscan using the sender’s address.

2. Foundation does not generate or store transaction receipts — users must independently verify confirmations via blockchain explorers.

3. Pending transactions remain unconfirmed until included in a block; average confirmation time ranges from 5 to 30 seconds under normal load.

4. If a transaction stalls, users may manually adjust gas price using wallet tools like MetaMask’s “Speed Up” or “Cancel” functions.

5. No Foundation support agent, email, or chat interface has authority to reverse, accelerate, or modify on-chain ETH transfers after broadcast.

Common Failure Scenarios

1. Insufficient ETH balance for gas causes immediate transaction rejection — no partial execution or error refund occurs.

2. Using a wallet connected to a wrong network (e.g., Arbitrum One instead of Ethereum Mainnet) results in silent failure with no on-chain trace.

3. Copy-paste errors in recipient addresses lead to irreversible ETH loss if the destination is a valid but unintended wallet or contract.

4. Wallet software bugs or outdated versions may miscalculate gas limits or fail to sign payloads correctly.

5. Foundation does not offer chargebacks, insurance, or recovery services for misdirected, failed, or confirmed withdrawals.

Frequently Asked Questions

Q: Does Foundation charge a fee when I move ETH out of my wallet?A: No. Foundation imposes zero fees on outbound ETH transfers. All costs stem solely from Ethereum network gas fees.

Q: Can I withdraw USDC or other tokens earned from secondary royalties on Foundation?A: No. Foundation currently distributes all royalties and primary sale proceeds only in ETH. Token conversions require external DEX swaps after ETH withdrawal.

Q: Why does my wallet show “Insufficient funds” even though I see ETH from an NFT sale?A: The displayed balance includes unconfirmed pending transactions or uncle blocks. Wait for at least 12 confirmations before attempting withdrawal.

Q: Is it safe to use Coinbase Wallet/Base for Foundation withdrawals?A: Yes. Base supports Ethereum mainnet connections and meets all Foundation wallet requirements. Ensure the Base app is set to Ethereum Mainnet, not Base Chain.