
Ihoryan
@ihoryan
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I recently discovered the "ZORA" token launch by Zora, scheduled for April 23, 2025. This event marks a significant milestone for the Ethereum-based NFT platform, introducing its native token to the ecosystem.
About the Launch: Zora's introduction of the $ZORA token aims to enhance the platform's functionality and reward its community. The token distribution will be based on two snapshots of user activity:
-Snapshot 1: Covers contributions from January 1, 2020, to March 3, 2025.
-Snapshot 2: Includes activity from March 3, 2025, to April 20, 2025.
A total of 1 billion $ZORA tokens (10% of the total supply) will be allocated for this airdrop, rewarding early adopters and active participants in the Zora ecosystem.
Tokenomics Overview:
- Total Supply: 10 billion $ZORA tokens.
- Treasury: 20% (with a six-month cliff and four-year vesting).
- Team: 18.9% (with a six-month cliff and three-year vesting).
- Strategic Contributors: 26.1%. 0 reply
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