Zora reveals plans for $ZORA Token Launch in Spring 2025
On March 4, 2025, Zora officially announced the upcoming launch of its native token, $ZORA, scheduled for Spring 2025. In addition to the token launch, the platform will also be distributing a retroactive airdrop to reward early adopters.
Zora serves as more than just an NFT marketplace; it functions as a media registry protocol that aims to empower artists and content creators. By facilitating seamless royalty collection and offering exposure opportunities, Zora encourages community building and challenges the exploitative practices prevalent in traditional creative industries.
Essentially, Zora operates as a Web3 social media platform where creators are directly compensated for their work. The more popular their content becomes, the greater the rewards they receive—a marked departure from the engagement-focused economy of Web2 platforms.
Zora has quickly emerged as a top decentralized NFT platform, attracting a community of over 2.4 million collectors and 618,000 creators. To date, the platform has successfully:
- Distributed $27.7 million in rewards.
- Generated $376 million in secondary market trading volume.
For further information, please visit: https://news.google.com/rss/articles/CBMiZEFVX3lxTE5FQ1hTZGlGbGFrYTNMRXcyWXFPWGtybmhRWktmX2thX3l6SWxtQXZHWmRXcWZxY1VvdFFJVTBVdDVsZHpHMTFxcUphVEFrTzB0MHVTZ2lHZ2xpblg2WVVrWm1saUM?oc=5
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