Zora, the popular NFT platform built on Ethereum, is gearing up for a major launch. On April 23, 2025, Zora will release its native token, ZORA, and to celebrate, the platform is giving away 1 billion ZORA tokens to early users. This airdrop represents 10% of the total token supply and is a gesture of gratitude to creators, collectors, and developers who’ve supported the platform.
Who Can Claim the ZORA Airdrop?
The giveaway is based on two key snapshots of user activity:
First Snapshot: Users active between January 1, 2020, and March 3, 2025.Second Snapshot: Users active from March 3 to April 20, 2025.
If you used Zora during either period, you may be eligible for the airdrop. Additionally, Binance will list the ZORA token through its Binance Alpha program, airdropping 4,276 ZORA tokens to users who spent at least $50 on the platform between March 22 and April 20, 2025.
ZORA Token Launch and Market Value
Before its official launch, the ZORA token is already trading at around $0.03 on pre-market platforms. With this price, the total value of the airdrop is approximately $30 million. The full market value of the platform could reach $300 million once all 10 billion ZORA tokens are in circulation.
Token Allocation Breakdown
Here’s how the ZORA token supply will be distributed:
Airdrop: 10% of the total supply (1 billion tokens) will be given away.Community Projects: 20% set aside for grants and events.Liquidity: 5% will be allocated to ensure smooth trading.Treasury: 20% will go to the treasury, unlocking over four years.Team: 18.9% allocated to Zora’s team.Early Investors & Advisors: 26.1% for early supporters.
Despite the excitement, the ZORA token launch has faced some criticism. Many argue that 65% of the new supply is going to the team, treasury, and early investors, leaving retail users with a token that lacks clear utility. Critics like ZachXBT question why such a large portion is controlled by insiders if the token serves no governance purpose. While some believe the “for fun” label could be a strategy to reduce legal risks, others feel it sends the wrong message to users.
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