Quick Summary:
- Zora NFT platform to launch its native ZORA token on April 23.
- Tokens will be launched on Coinbase’s Base blockchain despite Zora being Ethereum-based.
- Binance Alpha users can receive 4,276 ZORA tokens if eligible.
- 10% of ZORA’s total supply goes directly to users.
- ZORA token is for community use—no governance rights.
Zora’s Bold Step Toward a Tokenized Future
Zora, the innovative Ethereum-based NFT platform, is taking a major leap forward with the launch of its native ZORA token on April 23. While the platform is deeply rooted in the Ethereum ecosystem, it’s choosing to launch on Coinbase’s Base network—a move that speaks to Base’s rising reputation and scalability.
Why Base Blockchain?
Though Zora runs on Ethereum, it’s deploying the token on Base for greater accessibility and broader reach. The Base network has shown strong reliability and an uptick in on-chain activity, making it an ideal choice for a high-visibility token launch.
Binance Alpha Offers Exclusive Airdrop
Top crypto exchange Binance announced that eligible users will receive 4,276 ZORA tokens in their Binance Alpha accounts starting April 23. To qualify, users must have spent at least $50 on Binance Alpha in the past 30 days.
Tokenomics: How ZORA Will Be Distributed
In a March announcement, Zora detailed how its token supply will be distributed:
- 10% directly to user wallets at launch
- 20% for future community incentives
- 20% to the Zora treasury (unlocked over 4 years)
- 5% for liquidity
- 18.9% allocated to team members
- 26.1% reserved for project contributors
What’s Next for Zora?
While ZORA tokens won’t come with governance rights, the launch marks a major milestone in Zora’s evolution into a fully on-chain social network. It’s a clear signal that the platform is serious about growth, decentralization, and deepening community engagement.
Stay tuned—April 23 could be a turning point for the Zora ecosystem and its supporters.