Zora’s $ZORA is a memecoin for its on-chain social platform, enabling creators to mint and trade content as ERC-20 tokens. More
| Fully Diluted Valuation | $651.37M |
|---|---|
| 24H Trading Volume | $47.97M |
| 24H Low / High | $0.06 / $ 0.07 |
| Circulating Supply | 3.25B |
| Total Supply | 10.00B |
| Max Supply | 10.00B |
| Categories | Infrastructure 8 more |
|---|---|
| Founder | Jacob Horne |
| Website | zora.co |
| Socials | |
| Chains | Base Ecosystem |
| Explorer | Basescan |
| Contracts |
0x111....afc69
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| Name | Pair | OG Score |
|---|
Zora, launched in 2020, is a decentralized platform that combines an on-chain social network with an NFT marketplace, built to empower creators by tokenizing content. Initially an NFT minting and trading platform similar to OpenSea, Zora pivoted to a Layer 2 (L2) network on the OP Stack in 2023, emphasizing low-cost NFT mints and social features. Its mobile app, released in 2024, allows users to create posts that are minted as tradable ERC-20 tokens (capped at 1 billion per post, with creators receiving 10 million tokens), earning a 1% fee on secondary trades.
The $ZORA token, launched on April 23, 2025, on Base L2 (not Zora’s own L2), has a 10 billion total supply and is described as a “memecoin for fun,” with no governance or equity rights.
Zora’s ecosystem includes 2.4M+ collectors and 618K+ creators, generating $27.7M in rewards and $376M in secondary volume. The token’s allocation includes 65% to team and strategic contributors, 15% for airdrops, and the rest for incentives and treasury. Zora raised $52M. As of April 29, 2025.
Listings on Binance, Gate.io, Bybit, and Bitget drive liquidity, but a stealth launch and 65% team allocation sparked criticism for potential insider control. Zora’s vision is to make the internet “free and valuable” for creators, but its memecoin framing and lack of governance utility raise long-term value concerns.
Zora’s platform uniquely blends social media and blockchain, letting users mint posts as ERC-20 tokens with a 1% creator fee on trades, fostering a creator economy. Its L2 network (OP Stack) supports cheap NFT mints, and the mobile app simplifies on-chain content creation. Unlike traditional NFT platforms, Zora emphasizes community-driven tokenization over speculative assets, though $ZORA’s “memecoin” status limits its utility.
The co-founder of Zora is Jacob Horne, previously at Coinbase, joined by Dee Goens, Ethan Daya, Slava Kim, and Tyson Battistella. Horne’s vision drives Zora’s focus on equitable creator systems, building on his Saint Fame side project.
Zora raised $52M: $2M seed in 2020 (Kindred Ventures, Coinbase Ventures) and $50M in 2022 (Haun Ventures, Coinbase Ventures, Kindred Ventures, Paradigm). Strategic contributors hold 26.1% of $ZORA, unlocking over 36 months.
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