Zora: Creator-Centric Protocol with a Layer 2 to Bring Media on Chain

Zora is a decentralized NFT platform focused on creators that allows them to earn a share of the resale value of their work. On Zora, creators and collectors come together to determine the value of an NFT through auctions, fostering a decentralized market dynamic. According to the project, over 4 million NFTs have been minted and $300 million in secondary sales have been generated since its launch in 2021 on Ethereum.

Additionally, there is also Zora Network, which was created to provide scalability, speed, and profitability to the Zora market, simplifying the creation and minting operations of NFTs through its SDK. Zora Network, an EVM-compatible Layer 2 blockchain solution built with OP Stack and designed to support media on the blockchain, was launched in June 2023. While Zora Network is designed to complement the Zora market by facilitating the minting, pricing, and trading of NFTs, it also functions as an independent Layer 2 blockchain on Ethereum.

Why is an airdrop likely to occur?

There is a possibility of a ZORA token, as it has raised $60 million in funding from investors including Paradigm and Coinbase Ventures.

Improve your eligibility for Airdrop

To enhance your eligibility for a potential Zora airdrop, you can interact with Zora and Zora Network by buying, listing, minting, and selling NFTs. Furthermore, given Zora's focus on creators, creating an NFT and achieving the highest number of possible mints may also determine the size of a potential airdrop.