Ethereum Layer 2 network Zora announced that it will launch its native ZORA token on April 23, 2025. According to the project's announcement on April 21, the Zora team stated that two Snapshots for token distribution have been completed.
Specifically, the first Snapshot captured user activities from 07:00 on January 1, 2020, to 21:00 on March 3, 2025 (Vietnam time). The second Snapshot recorded data from 21:00 on March 3, 2025, to 07:00 on April 20, 2025 (Vietnam time). These data will serve as the basis for determining the right to receive ZORA tokens for those who interacted with the platform during the mentioned periods.
Zora is a Layer 2 network built on Ethereum, focusing on supporting creative applications related to Non-Fungible Tokens, digital art, and Web3 content. With low transaction costs, fast processing speed, and high scalability, Zora is being evaluated as one of the potential Layer 2 solutions, especially in the field of building Non-Fungible Token markets and decentralized content publishing platforms. The launch of the native ZORA token will help the network complete its own economic ecosystem, create more motivation for user participation, and promote the long-term development of the platform.
