Zora (ZORA)

Tokenomics & Utility

Supply and allocation

ZORA has a total supply of 10 billion tokens. Its announced distribution assigns 10% to a retroactive community airdrop, 20% to community incentives, 5% to community liquidity, 20% to the treasury, 18.9% to the team, and 26.1% to investors. The airdrop recognized earlier activity by people who helped build and use the Zora ecosystem, including creators, collectors, and developers. (zora.co)

The distribution schedule treats those groups differently. Airdrop, incentive, and liquidity allocations were listed without lockup restrictions. Treasury tokens unlock monthly over 48 months after an initial six-month period; team and investor tokens unlock monthly over 36 months after the same initial period. These schedules spread the release of the longer-term allocations over several years. (support.zora.co)

What ZORA does

ZORA is the asset against which Zora Creator Coins are paired. It can also be selected as a payment method for quick buys in the app. Zora’s platform updates describe ways to use ZORA in its payment flow, including paying certain transaction costs through the app. The token’s role has grown alongside the Coins system, which links social activity, creator markets, and rewards. Holding ZORA gives no company ownership or governance votes under Zora’s published token terms. (support.zora.co)

A Creator Coin has its own economic design. Each has a fixed supply of one billion coins: half is available to the market, while half is reserved for its creator and released over five years. That supply belongs to the individual Creator Coin and is separate from ZORA’s 10-billion-token supply. (support.zora.co)