@dexguru
- 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)
1 reply
0 recast
0 reaction