Zora Initiates Tokenization: Dual-Phase Snapshot Mechanism Set to Launch, Native Token Airdrop Imminent

ZORA

ZORA

-1.17%

Major development: Leading NFT protocol Zora has officially announced that it will launch its native token on April 23, 2025. To ensure fair distribution, Zora is implementing an innovative dual-phase snapshot mechanism. The first snapshot phase will be retroactive, covering the period from January 1, 2020, at 08:00, through March 3, 2025, at 22:00, encompassing a broad historical contribution window. The second snapshot phase will focus on recent activity, spanning from March 3, 2025, at 22:00 to April 20, 2025, at 08:00. This carefully designed dual snapshot approach will comprehensively assess users' long-term support and recent engagement, laying the foundation for decentralized governance within the Zora ecosystem.

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