The $ZORA Unveil
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- ⚖️ DraftKings Settles NFT Lawsuit. DraftKings agreed to a $10M settlement in a class action lawsuit alleging its NFTs were unregistered securities. The case led to the shutdown of its NFT fantasy sports platform, Reignmakers, which saw over $280M in total trading volume.
Zora just dropped big news: $ZORA, a new memecoin for the project's onchain ecosystem, is launching this spring.
Of course, Zora is one of the most popular apps for crypto creators, and its new token is the latest advance in its evolution from an NFT marketplace to a fully onchain social network where content is instantly tradable.
With a 10 billion total supply and a second wave of airdrop eligibility already underway, creators and collectors have a chance to up their allocation in the weeks ahead.
Let’s dive into what $ZORA is, how the allocation works, and what this means for Zora’s growing influence in the onchain media landscape! 👇
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