Zora

In celebration of the one-year anniversary of the Zora protocol and the initial release of zorb, we invite you to mint a commemorative NFT for your collection. Minting is open for 20+22 hours on New Years Day and cements your status as an early supporter of Zora.


[zorb.dev](https://zorb.dev/) by [zora.co](https://zora.co).

ZORBS by ZORA

1/ I generated $19,800+ in market cap and 3,000+ transactions after a month of posting daily on @zora $ZORA. 

Here's how it works and some degenerate thoughts on the experience 🧵👇

A social network for the new creator economy.

2/ For the uninitiated, Zora is like a crypto-enabled Instagram. It creates tradeable tokens on your behalf with every post. A coin’s market cap then acts like signal, helping to surface the best/most visible posts on the platform 

(highest market-cap coins on Zora shown below)

Future-pilled storyteller at Delphi Labs. Proposed the BRC-20, Bascii and Asteroid standards. Ceaselessly exploring the fringe.

3/ Each post has a supply of 1 billion tokens, which means my posts alone have birthed 31 different tokens into the world with a combined supply of 31 billion. HELLO, DISPERSION 😅

(explorer screenshot of my first zora post, TABULA RASA, below)

4/ The idea here is that users don’t just click ❤️ when they like a post, they actually spend some dollars to collect it into a publicly-viewable wallet (some of my holdings, which I’ve collected appear below).

5/ My personal zora stats after 31 days:

👉 Total number of posts: 31
👉 Aggregate holders: 596
👉 Txs generated: 3,227
👉 Combined market cap of all my posts: $19,801.62
👉 Combined volume: $43,342.96
👉 Creator earnings: $190.64

6/ All right, now it’s time for my takeaways on the experience (in no particular order):

3️⃣ TXs and market caps on my posts are generally trending downward, but I think it’s way too early to write the platform off. If Zora can continue to add integrations, wallets and, most importantly, badass creators, they could easily trigger a new adoption wave.

2️⃣ When I collect posts, I’m doing honest-to-god microtxs. I’ll often spend just $0.20 to collect a post. It’s not speculation so much as simply supporting creators I vibe with. That creates a genuine, post-speculative use case for crypto.

I'd invert this and ask why shouldn't it be a transaction? Txs are open and on-chain. Since "likes" are free, they're bot-able/game-able. Minute costs on txs limit spam and could enable interesting super-primitives to be build on top (i.e. agents that use tiny buys for actionable trading insights, for example). Already, "likes" act like a sort of "soft transaction" indicating social signaling, attention-capture, and noteworthiness. Zora turns them into hard txs that are on-chain (rather than living on a trusted centralized api).

Why does a like need to be a transaction? And why is creating that type of artificial transaction “demand” a good thing for Base or any other network. Thoughts appreciated

1️⃣ I find it kind of mind-boggling that my posts have generated over 3,000 txs on Base. This is what it looks like when you fade crypto into the bg and make it as easy as using Instagram. If they find true PMF, Base transaction vols will truly go parabolic.