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Zora's ZORA Token Launch: Boosting Ethereum L2 Network Growth
Generated by AI AgentCoin World
Monday, Mar 3, 2025 1:25 pm ET1min read
Ethereum L2 network Zora is set to launch its native token, ZORA, in the spring of this year. The token will be listed on the Base network with a total supply of 10 billion tokens. The first snapshot was taken on March 3, 2025, at 9 a.m. Eastern Standard Time, and the second snapshot will be taken three days before the ZORA launch.
Zora, which already has over 2.4 million collectors and 618,000 creators, has generated over $27.7 million in rewards for its users. The platform has also driven over $376 million in secondary market transactions through its content.
The launch of ZORA is expected to further boost the platform's growth and attract more users to the Ethereum L2 network. As the token becomes more widely available, it could potentially increase the value of the Zora ecosystem and benefit both creators and collectors on the platform.
Zora's native token launch comes at a time when the cryptocurrency market is experiencing significant growth and innovation. With the increasing adoption of blockchain technology, platforms like Zora are well-positioned to capitalize on the growing demand for decentralized and user-friendly content creation and trading platforms.
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