Zora, a rising star in the Web3 social and NFT space, will officially launch its ZORA token on April 23. The project plans to airdrop 10% of its 10 billion token supply, targeting early users through two snapshots covering activity from January 1, 2020, to April 20, 2025. ZORA TGE on April 23rd could be worth over $30 million based on pre-market prices.
What Is Zora?
Zora is a decentralized NFT platform designed to empower creators. It lets users mint and trade NFTs from images, videos, or music while keeping full control of their content. Zora transforms each digital creation into a unique, tradable token on-chain. It operates with a mission to make content ownership accessible and profitable for everyone.
Beyond the marketplace, Zora also developed Zora Network, a Layer 2 blockchain built on Ethereum using the OP Stack from Optimism. It processes transactions quickly and cheaply—just $0.002 per transaction and a new block every 2 seconds.
Since launch, Zora has onboarded more than 2.4 million collectors and 618,000 creators, generating over $27.7 million in community rewards and minting over 4 million NFTs. Its NFT trading volume on secondary markets has surpassed $300 million.
Zora Airdrop Details: Who Can Claim?
ZORA TGE on April 23rd 2025, and distribute 1 billion tokens (10% of total supply) via an airdrop. This airdrop rewards users based on two snapshot periods:
- Snapshot 1: January 1 – March 3, 2025
- Snapshot 2: March 3 – April 20, 2025
To qualify, users needed to mint NFTs, create content, or actively engage with Zora during these times.
Claiming opens on launch day, April 23. Those eligible can check their wallets through Zora’s official claim page. Binance will also host an exclusive airdrop event through Binance Alpha, giving 4,276 ZORA to users who spent at least $50 during the event period.
Zora Tokenomics and Valuation
Zora’s total token supply is 10 billion, distributed as follows:
- Airdrop: 10%
- Community Incentives: 20%
- Liquidity Support: 5%
- Treasury: 20%
- Team: 18.9%
- Strategic Investors: 26.1%
The token currently trades at around $0.03 on pre-market platforms, giving it an estimated $300 million FDV. Post-launch price estimates range from $0.04 to $0.08, depending on market sentiment.
Project Backers and Vision
Zora raised $60 million across three funding rounds. Investors include Coinbase Ventures, Haun Ventures, and Kindred Ventures. Two co-founders, Jacob Horne and Tyson Battistella, previously worked at Coinbase in product and engineering roles. Their background and connections helped Zora earn early support from top-tier investors.
The project’s long-term goal is to lead the shift toward tokenized content. Zora envisions a world where every post, meme, or article can become an asset. It already enables creators to mint ERC-20 tokens representing individual pieces of content—setting the foundation for “content coins.”
Market Outlook and Risks
ZORA currently trades around $0.03 on pre-market platforms, implying a $300 million fully diluted valuation. Analysts believe the price could rise to $0.04–$0.06 post-launch. However, as a memecoin with no governance utility, its price depends heavily on community sentiment.
Zora’s rapid growth has also attracted criticism. A viral token linked to the platform recently crashed 99% within hours, raising concerns about hype cycles and transparency. Still, with over 87 million transactions and a loyal creator base, Zora shows signs of long-term potential.
Binance Listing Adds Fuel to the Hype
Binance announced it will list ZORA on its Alpha platform the same day as the token launch. Eligible Binance users who spent at least $50 during the qualifying period will receive 4,276 ZORA tokens. This partnership adds significant credibility and accessibility to ZORA’s debut.
Why Zora’s Airdrop Could Be a Million-Dollar Opportunity
Despite declining daily activity (down over 80% from peak usage), Zora still processes more than 87 million transactions and hosts over 37,000 daily active users. The hype from Base’s viral content experiments brought over 230,000 new traders in a single weekend, proving the platform’s potential to attract massive attention.
Given strong investor backing, a working Layer 2, and clear use cases in NFT infrastructure, Zora is more than a memecoin. The airdrop alone could be worth over $30 million, depending on price movements after listing.
