After 6 years of development, Zora—an art-focused social ecosystem project founded by former Coinbase employees—announced on March 3rd the launch of its community Memecoin, $ZORA, slated for release this spring. With 10% of its 100 billion total supply allocated to airdrops, this marks a pivotal moment for Zora's evolving Web3 strategy.
Understanding $ZORA's Tokenomics
- Total Supply: 100 billion tokens
Unlocked Allocations:
- 20% for ecosystem incentives
- 10% for user airdrops
- 5% for liquidity (CEXs/market makers)
Locked Allocations (65%):
- Company treasury
- Team distribution
- Strategic contributors
(Unlocks begin 6 months post-TGE)
👉 Learn how to qualify for the Zora airdrop
Zora's Recent Milestones
- 2019–2022: Transitioned from digital fashion (Saint Fame) to a full-fledged NFT marketplace, emphasizing "free and valuable" creator monetization.
- 2023: Launched Open Editions, empowering artists (e.g., Jack Butcher’s Checks).
- 2024–2025: Integrated social features akin to "Web3 Instagram," blending NFTs with Memecoins (e.g., $ENJOY).
How to Engage with Zora’s Ecosystem
1. Trade Social Tokens
- Interact with posts (likes, comments, Sparks tipping).
- Mint/buy Memecoins tied to tweets.
- Focus on stable-volume tokens to minimize slippage.
2. Monitor NFT Drops
- Await upcoming Zora-collaboration NFTs (secondary trades may not count).
3. Boost Transaction Activity
- Target 21+ interactions to rank in the top 30% of eligible wallets.
FAQs
Q: Is $ZORA a governance token?
A: No—it’s purely a Memecoin with no voting rights.
Q: When’s the second snapshot?
A: 3 days before $ZORA’s launch this spring.
Q: How to track my airdrop eligibility?
A: Use tools like LayerHub or KARTOD’s Zora dashboard for chain activity rankings.