Zora Protocol to Launch Token and Conduct Airdrop

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

— zora (@zora) April 20, 2025

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.

“The 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,” states the project’s tokenomics description.

The project will allocate 20% of the issuance to a grant program and 5% to provide liquidity to exchanges and market makers.

Coins from these three categories will not be locked and will immediately enter market circulation.

20% of ZORA will form the project’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.

“ZORA is intended solely for entertainment and does not grant its holders any governance rights or claims to any equity in Zora or its products,” the developers emphasized.

In February, the popular NFT marketplace OpenSea announced an airdrop of the SEA token.