Zora

In celebration of the one-year anniversary of the Zora protocol and the initial release of zorb, we invite you to mint a commemorative NFT for your collection. Minting is open for 20+22 hours on New Years Day and cements your status as an early supporter of Zora.


[zorb.dev](https://zorb.dev/) by [zora.co](https://zora.co).

ZORBS by ZORA

Today, we released a major upgrade of the @zora protocol. 

We are bringing secondary markets onchain with @uniswap to unlock more value for creators and collectors after a mint.

When the mint ends, the market begins. 
It's like magic.

The largest onchain marketplace. Buy and sell crypto on Ethereum and 11+ other chains.

Our goal is to build the most rewarding place to create and collect on the internet.

This means pairing the most efficient minting models with the most simple user experience possible.

This requires constant iteration and evolution at the protocol level.

By pairing Zora's and Uniswap, we are able to introduce a new era of creator royalties called Secondary Rewards.

Every time a collector buys and sells on Uniswap, the creator will earn a percentage of that sale via the LP fees.

These are onchain and can't be removed.

This upgrade addresses one of the largest collector painpoints: missing a mint.

Instead of seeing an ended mint and not being able to do anything about it. Collectors can easily buy off the secondary market at the best available price.

We are putting the full power of crypto into the hands of creators and collectors. 

We've unlocked:
+ New creator royalties
+ A powerful post-mint collector experience
+ Price discovery when a mint ends
+ Open and onchain markets

A new imagination era.

Read the full announcement here, including more details on the protocol upgrade:

https://zora.co/writings/onchain-secondary-markets

How does this affect Zora developers? I see the protocol SDK hasn’t been updated

It’s truly like magic. What percentage is creator royalties tho ?

amazing! this is going to be interesting :) 

question - does this apply to live mints happening now that are set to expire in the future, or will it only be triggered starting with new mints? I have some live baddies up for mint right now.

Let's walk thru an example.

I put up an artwork for free mint. On primary market, it costs 0.000111eth total fee, distributed according to the table.

Let say the mint on primary market ends with 10 mints. None is listed. If a collector wants to buy on secondary, what price will he pay? Who does he buy it from?

you guys are great — same language we are speaking