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

Zora [@zora] released a protocol-wide upgrade last Wednesday which introduced 2 major updates:

1/ New Secondary Markets

The big update is what happens when the primary mint ends. Instead of having an order-book style secondary market where people list their individual NFTs for sale, the new secondary market is powered by fungible tokens in a Uniswap liquidity pool. This allows the NFT to be wrapped into a fungible token and swapped within a Uniswap pool. The user experience of this is an always-on, always-liquid secondary market. This also re-introduces secondary royalties, a unique benefit of NFTs to creators that we had all but lost last cycle. When the primary mint ends, the Uniswap pool is funded via Zora’s protocol by minting an additional 10% of the wrapped NFT, and sending that along with 10% of the ETH earned from the mint into the pool. A 1% LP fee is then pointed back to the creator’s wallet, reintroducing secondary royalties by using a core element of the Uniswap protocol.

(cont'd...)

building /songcamp + minting zora.co/@chaim