Ethereum NFT ($0.00) and tokenization protocol Zora will launch its own token—ZORA—this spring.
The platform, which says it’s “been on a multiyear journey of the best way to bring creativity on-chain through tokenization,” will launch its self-described meme coin on Base, the Ethereum layer-2 network.
“What started as an experiment six years ago has turned into something larger than we could have imagined,” the protocol wrote in a blog post introducing the token. “Thank you to everyone who has realized the vision of Zora with us this far.”
As part of that thanks, the platform is airdropping 10% of its token supply or 1 billion ZORA tokens to its community of creators, collectors, builders and more, based on a March 3 snapshot.
A second snapshot will take place three days before ZORA’s launch, though the date is still outstanding.
In addition to the 1 billion tokens set …
