Zora, an on-chain social community, unveiled on Friday a brand new token system that turns posts, creators, and your entire platform into tradable crypto property.
The system introduces two new tokens: $POST and $CREATOR. Every bit of content material is minted as its personal $POST token, which is linked to the creator’s $CREATOR token. All $CREATOR tokens are finally linked to $ZORA, the platform’s native token that launched in April.
“We have designed and applied a easy and highly effective token system. + $posts paired with $creator + $creators paired with $zora,” reads an X put up from Zora co-founder Jacob Horne. “You may select to carry and commerce at no matter degree you would like: the posts, the creators, the entire system.”
A graphic shared by Zora exhibits the entire ecosystem: On the left is a high-level token that represents “all creators and all posts as one coin”. As extra creators be part of and mint posts, consideration and worth stream by way of the $POST and $CREATOR tokens into the broader Zora community. “Extra creators means extra alternative,” the graphic reads.
The announcement underscores how builders in crypto are consistently making an attempt to push the envelope by providing novel methods so as to add worth to content material creators’ particular person ecosystems.
One researcher at Delphi (@redphonecrypto) praised the system on X, saying, “Find it irresistible. Drives dwelling how crypto acts like an evolving lifeform… each new primitive (i.e. tokenized content material) unlocks the power to construct new primitives (i.e. creator cash).”
