Zora Airdrop: Understanding and Launching the ZORA Token

Bittime - Zora is a universal media registry protocol built using Optimism technology. Since its founding in 2020, Zora has become one of the leading platforms in supporting creators and developers to bring their content to the blockchain. In order to expand its ecosystem, Zora will launch a "memecoin" token called ZORA on the Base network, which is based on Optimism. This token has no governance function and is created solely for the enjoyment of the community.

ZORA Token Launch Details

According to the official announcement, Zora will take two snapshots before the official airdrop scheduled for spring 2025. The first snapshot was taken on Monday, while the second snapshot will take place three days before the airdrop begins.

The total supply of ZORA tokens will reach 10 billion, with distribution as follows:

• 26,1% for Zora ecosystem contributors.
• 20% for community incentives.
• 20% for the treasury.
• 18,9% for the Zora team.
• 10% allocated for retroactive airdrop.
• 5% used to maintain liquidity.

History and Development of Zora

Zora was first founded in 2020 and later introduced a creator-based decentralized network, Zora Network, in 2023. This platform has brought innovation to the blockchain world by supporting creators and developers to build on-chain based applications using their Software Development Kit (SDK). Through the integration of strong business and distribution models, the Zora ecosystem continues to grow and be adopted by various Web3 projects.

In May 2022, Zora raised $50 million in an investment round led by Haun Ventures, increasing its valuation to $600 million.

Also read: US Crypto Reserve Is Key to Stability or Threat to Crypto?

Conclusion

The launch of the ZORA token marks a new step for the Zora ecosystem in expanding its community engagement. By leveraging Optimism's Base network, Zora continues to drive Web3 adoption and provide opportunities for its users to participate in upcoming airdrops. For those who want to get ZORA tokens, it is important to monitor the snapshot and airdrop schedules that have been announced.

Also read: Ronaldinho Token Launch (STAR10): Everything You Need to Know!

FAQ 

1. How to get ZORA tokens?

To get ZORA tokens, you must fulfill the snapshot requirements that have been carried out and follow the official airdrop instructions that will be announced by the Zora team.

2. Does the ZORA token have a governance function?

No, the ZORA token is a “memecoin” created solely for the enjoyment of the community and does not grant governance rights to its holders.

3. When will the ZORA token airdrop take place?

The ZORA token airdrop is scheduled to take place in spring 2025, with the second snapshot taking place three days before the official airdrop begins.

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Reference

The Block, Zora announces 'for fun only' memecoin, with airdrop slated for spring 2025, accessed March 4, 2025.

Author: MF