{"id":23236,"date":"2025-04-21T12:42:15","date_gmt":"2025-04-21T09:42:15","guid":{"rendered":"https:\/\/forklog.com\/en\/zora-protocol-to-launch-token-and-conduct-airdrop\/"},"modified":"2025-04-21T12:42:15","modified_gmt":"2025-04-21T09:42:15","slug":"zora-protocol-to-launch-token-and-conduct-airdrop","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/zora-protocol-to-launch-token-and-conduct-airdrop\/","title":{"rendered":"Zora Protocol to Launch Token and Conduct Airdrop"},"content":{"rendered":"<p>On April 23, the social NFT platform for content monetization, Zora, will conduct a <span data-descr=\"token generation event\" class=\"old_tooltip\">TGE<\/span>. The project plans to release 10 billion ZORA tokens on the L2 Base network.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24ZORA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZORA<\/a> will be live on April 23, 2025. <a href=\"https:\/\/t.co\/yZdjlnDohH\">pic.twitter.com\/yZdjlnDohH<\/a><\/p>\n<p>\u2014 zora (@zora) <a href=\"https:\/\/twitter.com\/zora\/status\/1914051452882063793?ref_src=twsrc%5Etfw\">April 20, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Zora will distribute 10% of the asset issuance among users through an airdrop. The first snapshot considers activity from January 1, 2020, to March 3, 2025. The second covers March 3 to April 20, 2025.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/GlIdZyXbEAAKTAi.webp\" alt=\"GlIdZyXbEAAKTAi\" class=\"wp-image-257159\"\/><figcaption class=\"wp-element-caption\">Token distribution. Source: Zora.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe initial distribution of ZORA will include creators, collectors, developers, and the broader community that contributed to building the Zora brand. Tokens will be distributed to addresses meeting the criteria,\u201d states the project&#8217;s <a href=\"https:\/\/support.zora.co\/en\/articles\/4797185\">tokenomics description<\/a>.<\/p>\n<\/blockquote>\n<p>The project will allocate 20% of the issuance to a grant program and 5% to provide liquidity to exchanges and market makers.<\/p>\n<p>Coins from these three categories will not be locked and will immediately enter market circulation.<\/p>\n<p>20% of ZORA will form the project&#8217;s treasury, 18.9% of the tokens will go to the team, and 26.1% to investors. These assets will be gradually unlocked over three years. The first unlock will occur six months after the TGE.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"615\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/f2f70483-2998-4c4d-9998-0a2c9bd62607-1024x615.jpeg\" alt=\"f2f70483-2998-4c4d-9998-0a2c9bd62607\" class=\"wp-image-257160\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/f2f70483-2998-4c4d-9998-0a2c9bd62607-1024x615.jpeg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/f2f70483-2998-4c4d-9998-0a2c9bd62607-300x180.jpeg 300w, https:\/\/forklog.com\/wp-content\/uploads\/f2f70483-2998-4c4d-9998-0a2c9bd62607-768x461.jpeg 768w, https:\/\/forklog.com\/wp-content\/uploads\/f2f70483-2998-4c4d-9998-0a2c9bd62607-1536x922.jpeg 1536w, https:\/\/forklog.com\/wp-content\/uploads\/f2f70483-2998-4c4d-9998-0a2c9bd62607-2048x1230.jpeg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Token unlock schedule. Source: Zora.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cZORA is intended solely for entertainment and does not grant its holders any governance rights or claims to any equity in Zora or its products,\u201d the developers emphasized.<\/p>\n<\/blockquote>\n<p>In February, the popular NFT marketplace OpenSea announced <a href=\"https:\/\/forklog.com\/en\/news\/opensea-launches-os2-beta-and-announces-token-airdrop\">an airdrop of the SEA token<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On April 23, the social NFT platform for content monetization, Zora, will conduct a TGE. The project plans to release 10 billion ZORA tokens on the L2 Base network. $ZORA will be live on April 23, 2025. pic.twitter.com\/yZdjlnDohH \u2014 zora (@zora) April 20, 2025 Zora will distribute 10% of the asset issuance among users through [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23235,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1158,1258,1604],"class_list":["post-23236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-airdrops","tag-tokenomics","tag-zora"],"aioseo_notices":[],"amp_enabled":true,"views":"67","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=23236"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23236\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/23235"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=23236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=23236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=23236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}