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ZORA Token Drops on Base with Snapshot-Based Rewards

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2 months ago
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Zora to Launch ZORA Token with Retroactive Airdrop
Zora is launching its native token, ZORA, with a retroactive airdrop for long-time users. According to an Apr. 21 post on X, two snapshots will be used to distribute the tokens. The first one takes place between January 1, 2020, and March 3, 2025. The data in the second snapshot is up to April 20, 2025. The airdrop is awarded to those who have been engaged in the Zora ecosystem over time, with the help of these photographs.
Source: X
The snapshots examine how users behave in various positions. This covers developers, makers, collectors, and other players. 3. Zora wishes to honor those who created and expanded the community. This airdrop is one way to say thanks and to bring more attention to those who have supported Zora’s tools and projects.
Instead of using Zora’s own L2 network, the token will launch on Base. Base is Coinbase’s layer-2 blockchain. It is now a crucial location for memecoins and onchain social apps. Zora’s decision to use Base looks like a push for easier access and faster onboarding. Many people already use Base, which makes it a good starting point for new users to join the Zora ecosystem.
Token Supply and Distribution Breakdown
Ten billion ZORA tokens will be available in total. Ten percent of it is allocated to the retroactive airdrop. An additional 20% is set aside for communal use in the future. This covers events like hackathons, grants, and competitions. These initiatives foster technical and artistic development within the community.
Liquidity will be provided by 5% of the supply, which should facilitate seamless trade.
Twenty percent of the supply will go to Zora's treasury. After a six-month wait, this section will be unlocked gradually over the course of four years. With tokens vesting monthly over three years, team members will receive 18.9%. There is also a six-month delay before this begins.
The percentage allotted to strategic donors is 26.1%. These are the original partners, investors, and advisors who helped Zora grow. This division demonstrates a long-term strategy by distributing the benefits throughout the ecosystem.
Token Use: No Governance or Equity
Community interaction will be the purpose of the ZORA token. It won't cover ownership stakes or governance rights. Consequently, holders are unable to vote on reforms or get any portion of Zora's profits. The token's release is a significant step for the project, though. Zora has developed into something far more than a basic NFT platform. Onchain is now evolving into a social network.
Zora has released strong tools for creators over the years. This includes technologies that assist creators in making money, auction houses, and Open Editions. Millions of dollars have been made by creators thanks to its significant NFT sales. Its "Coins" function has been the focus lately. Coins allow each post to become a tradeable token on Base. This gives all content a new level of engagement and ownership.
Zora has a big user base. The platform has been used by 618,000 artists and over 2.4 million collectors. Total secondary volume has reached over $376 million. These numbers came out in Zora’s March token launch announcement. The ZORA token now adds another way for users to interact with the platform and discover value in new forms.
Zora hasn’t shared exact claim instructions yet. That information should arrive in the coming days. For now, eligible users can look back at their past activity and prepare for what’s next. The launch of the ZORA token is not just about rewards—it’s also about building deeper connections in one of the most creative corners of the crypto space.
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