The ZORA airdrop has launched, rewarding early platform users across two snapshot periods. Users were confused as there was no official checker or claim site provided on the Zora network, which operates on the Base blockchain, enabling low-cost transactions for creators and collectors. Jesse Pollak, the creator of the Base blockchain, shared insights on Zora and content coins during the airdrop event.
Airdrop farmers expressed concern over the absence of an official checker or claim site before the Zora airdrop. Reports indicated that users did not need to claim the token as airdrops would occur automatically. Users were advised to check their allocations by visiting the contract address.
Zora aimed to revolutionize the creator economy by empowering artists and developers through its decentralized NFT marketplace and protocol. It distributed 300,000 OP tokens to early users in previous campaigns to create a permissionless, on-chain creator ecosystem.
The Zora airdrop required user engagement with the network by minting NFTs, bridging ETH, or using Uniswap, before the snapshots on March 3 and days prior to the Token Generation Event (TGE). Zora launched its "fun token" with a total supply of 10 billion, allocating rewards to early adopters and community incentives.
Despite being listed on various exchanges and having a launch price of $0.03, ZORA faced criticism due to its tokenomics distribution. Attention has shifted to Content Coins amid the Zora airdrop frenzy, highlighting concerns regarding transparency and token utility.
Jesse Pollak discussed Base Network's approach and its differentiation from meme coins, focusing on accessibility, virality, and on-chain creator empowerment. Base Network aims to expand the crypto space by introducing content coins that allow creators to monetize their content without requiring deep crypto knowledge.
The rise of meme culture and the introduction of content coins have reshaped the landscape, with Base Network offering an alternative approach to virality and creativity. It aims to attract a broader audience to crypto by simplifying participation and emphasizing creativity over coordination.
Base's collaboration with platforms like Zora presents a new way for creators to monetize moments rather than tokens, promoting cultural value and trade. Base promotes a culture of virality without the complexities of traditional startup strategies, positioning itself as a platform for the next evolution of the web.