Ethereum-based NFT Platform Zora has announced that its much awaited token Zora is now going to be launched on 23 April 2025. Zora is known for its creator-friendly approach and onchain content. The information about the token launch has been shared by Zora on 21 April.
Two snapshots have been taken for the distribution of Zora Token. The first Snapshot covers user activity from 1 January 2020 to 3 March 2025, while the second involves activity from 20 April 2025. Based on these Snapshots, old and active creators, collectors, developers and participation will be given tokens under retroactive AirDrops.
Launched on Bottom Community, Identification of Zora as Memecoin
In March, Zora introduced Zora Token as a Memecoin for Zora Community “. The interesting thing is that this token will be launched on Zora’s own L2 Blockchain, but on Coinbase’s Layer-2 Community ‘Bottom’. This step has been taken with the aim of making access and onboarding easier for new users, as Bottom Community is becoming a hub of rapid onchain social apps and memecoins.
Zora has become a big name in the field of “Open Editions” NFT Public SALE and Creator Earings in the last few years. Now this token launch will give a new identity to the platform and will give the community a chance to participate more. Along with this, if you want to know in detail, What is NFTS? So you can know by clicking on this link.
Zora Token Supply and Distribution’s Bluprint is ready
The total supply of Zora Token will be 10B token. Out of this, 10% is the alocate for retroactive Airdrop, which will be given to the old contributors. In addition, 20% of the 20% community is placed for incentives (such as grants and hackathon) and 5% will be given in liquidity provision.
The remaining part of the token will be distributed with strategy, such as 20% Zora Treasury, which will be unlocked gradually in four years. 18.9% of the team will get under three years of vesting and 26.1% will be given to initial investors and advisors. Zora Token will not have any governance right or equity claim, but it will play an important role in furthering the creative onchain economy.
Zora’s future and new direction of community engagement
So far, Zora has been recorded over 2.4 million collectors, more than 6 lakh creators and more than $ 376 million secondary volume. Through the “Coins” feature, the facility of converting every post into a tradable token has also carried forward Zora towards onchain social network.
Zora Token will not only become a medium for reunding the community, but it will also take the platform forward in the areas of new experiment and value distribution. Information about token claims and other technical details will be shared by Zora in the coming days.
Conclusion
Zora Token’s launch is a big step for the Zora platform, which will reward creators, collectors and developers for their contribution. The availability of tokens on Bottom Community will make it accessible to more users. This token will not only support Creative Onchain Economy, but will also promote community engagement and new innovation. Claim related details will also be given in the coming days. At the same time, if you want to get more information related to NFT, then you can know by visiting our NFT Information section, where you How to do Tuft Token in Charity NFTYou will get such information.
