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breaking: ZORA revolutionizes content monetization and Socialfi with insane 875% token surge… is this the end of ads for creators?!
wait is Zora like turning tweets into dollar bills or am i just seeing 🌌🧐? can i tokenize my cat pics and become
this zora thing? it’s like: new socialfi vibe with content tokens AND creator coins: basically, creators get paid in tokens, no ads
Bitmart Research, the research arm of Bitmart exchange, released a full report on Zora, a content monetization protocol. Zora’s monthly tokens surged by 875%, captivating the market. With a rebrand by Coinbase to a “basic application” and integration with Farcaster and Zora, it’s reshaping Socialfi. Zora’s unique models redefine content value, fostering a creator economy without ads. Meanwhile, Zora tokens gained momentum, surpassing Solana’s daily token transactions. Zora empowers creators through unique token and content currency models. 🚀
Zora is a decentralized platform that converts social content into ERC-20 tokens, offering Content tokens for posts and Creator coins for user profiles. All activities are recorded on the blockchain, enabling direct monetization without ads. Content tokens are unique with 1B supply, giving 1% to the author. Transactions incur 3% costs, with 1% going to the creator in Zora. Creator coins are automatically generated, with 50% negotiable and 50% unlocking monthly over 5 years. 🌐
https://altcoin.observer/how-zora-reconstructs-the-content-value-loop-on-the-basis/
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