Zora, an on-chain social network, unveiled on Friday a new token system that turns posts, creators, and the entire platform into tradable crypto assets.
The system introduces two new tokens: $POST and $CREATOR. Each piece of content is minted as its own $POST token, which is linked to the creator’s $CREATOR token. All $CREATOR tokens are ultimately connected to $ZORA, the platform’s native token that launched in April.
“We've designed and implemented a simple and powerful token system. + $posts paired with $creator + $creators paired with $zora,” reads an X post from Zora co-founder Jacob Horne. “You can choose to hold and trade at whatever level you'd like: the posts, the creators, the whole system.”
To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
