Zora Dropped $ZORA But Creators Were Fumming

6 days ago

Zora is a creator focused defi protocol designed to facilitate the buying, selling, and creation of NFTs and other digital media assets. You probably minted some non-fungible tokens in there... and maybe you qualified for the airdrop!

Their system is operating as a Layer 2 solution built on Ethereum's OP Stack, creating cheap minting across multiple chains.

Zora aims to make minting and trading NFTs faster and more cost-effective, with transaction fees typically around few cents! It's all about magic internet coins!

Zora launched its native token on the 23rd of April 2025, and distributed 10% of the $ZORA total 10 billion token supply through a retroactive airdrop to 2,415,024 unique addresses.

Eligibility was based on user activity on the Zora platform, including minting, trading, and referring, during two snapshot periods.

The first one included OG activity between 1st of January 2020 to 3rd of March 2025, while the second one was between 4th of March and 20th of April 2025.

Did I got rugged by Zora? I spent over $16 on fees and mints and my airdrop was $1.24... so you tell me! My ROI was -92.4% and I am not complaining ... but I know people with less blockchain action than me that got 100x more! Whaaaat?!?!

The $ZORA token is currently trading for cents, and most of the creators were upset by the allocations. I've seen a lot of people got angry about not being eligible despite creating several viral NFT collections, while others received almost nothing even if their engagement was amazing!

The token does not confer governance rights or equity in Zora, it serves as a means to reward early users and foster community engagement within the platform's ecosystem.

I was eligible to claim 48 $ZORA, but my expectations were low! I've seen other users bragging their airdrop on X, and it was going above 10,000 tokens on average. How to expect much when I only minted few NFTs and bridged about $16 on the Zora chain?

Overall the $ZORA airdrop represents a significant step in Zora's efforts to build a vibrant, creator-centric community by recognizing and incentivizing early participation.

I got into the eligible pool through limited hustle, and the reward was limited as well!

The 48 tokens I've claimed were valued at $1.04 on the day, just enough to cover a fraction of the fees I spent by minting NFTs on Zora! As we farmer keep saying... it's not much but it's honest work!