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Mohammad
@lmohammadl
Continuedevery day introduction of Zora 2_ Zora is a creator-centric marketplace, with a focus on creator royalties even while other NFT platforms like OpenSea and Blur are moving away from the mandatory collection of resale fees.
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Continuation of the text Zora is an NFT marketplace built by Zora for artists and other types of creators. The marketplace also functions as a place to register media provenance, which would help artists collect royalties hassle-free.
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@lmohammadl
NFT Minting and Pricing Zora utilizes the protocols and smart contracts provided by the Zora Network to enable creators to mint and price their NFTs. The pricing is determined through a bonding curve mechanism which allows for a fair pricing model based on demand and supply dynamics.
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The Zora Network operates as a decentralized Layer 2 (L2) solution on top of the Ethereum blockchain, aiming to facilitate the minting, pricing, and exchange of NFTs in a cost-effective and community-driven manner.
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The main purpose of Zora Network is to complement the Zora Marketplace. However, it can also function as a standalone L2 blockchain solution for other DeFi activities.
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