OP Collective just lost 94% of it's fee revenue sharing. Base paid 13.15 ETH/day vs 0.84 ETH from every other Superchain chain combined. In return, Base received 118M $OP tokens over 6 years. But with $OP at $0.18 today (down on the news), that deal looks very different than when it was signed at $1.50.
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- be Zora - made by ex-Coinbase people - starts during the NFT boom - wants to build “NFTs for everyone” 2020: - small team launches Zora idea: artists should sell directly and not through big platforms - raises $2M seed money 2021: first big moment - helps auction the original DOGE meme - sells for 1,696 ETH - Zora starts getting attention 2022: huge funding - raises $50M led by Haun Ventures - total raised around $60M - valuation around $600M 2023: they launch their own chain - Zora Network - goal: minting should be cheap 2024: pivot into social - Zora stops the marketplace narrative - becomes more like an onchain Instagram - mobile app launches - posts become mints 2025: token launch - $ZORA launches - most tokens locked for team + investors 2025: creator coins experiment - every post becomes a tradeable coin - people start gambling on creators - lots of hype, lots of dumping (ofc)
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My current focus on these 4: > X for ElonFi > Base for onchain and mini apps > Polymarket for prediction markets > Variational for perps Not much else feels interesting lately. What’s on your radar?
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