ZORA Facilitates $4 Million Earnings for Creators
TLDR:
- ZORA creators earned over $4 million in March using creator tools across various blockchain networks.
- The platform expands into the AI market, aiming to assist creators in monetizing content through NFTs.
- Built on Optimism, ZORA witnesses significant growth, with over $300 million in secondary sales and 4 million NFTs minted.
ZORA, the NFT-based social network platform, revealed that creators amassed over $4 million in earnings throughout March, utilizing Zora creator tools across multiple supported blockchain networks, including Arbitrum, Base, Blast, Ethereum Mainnet, OP Mainnet, and the Zora Network.
This significant milestone underscores ZORA’s pivotal role in empowering creators within the burgeoning NFT ecosystem.
ᴀɴɢᴇʟ ɴᴜᴍʙᴇʀ ᴜᴘᴅᴀᴛᴇ
— Zora (@ourZORA) April 1, 2024
In March, creators earned $4M+++ using Zora creator tools across all supported chains including Arbitrum, Base, Blast, Ethereum Mainnet, OP Mainnet, and Zora Network.
No crypto required. Get started today 🙂 pic.twitter.com/hxMFh36HtB
Built on top of the layer-2 blockchain Optimism, the Zora Network has witnessed substantial growth since its inception in 2020.
With over $300 million in secondary sales and more than 4 million NFTs minted by users, the platform boasts approximately 1 million unique collectors, according to its website.
Recognizing the symbiotic relationship between crypto and AI, ZORA’s co-founders envision a future where both technologies mutually benefit from on-chain information.
By integrating AI functionality into its platform, ZORA aims to usher in the transition of AI onto blockchains, offering creators novel opportunities for passive income streams.
In a recent development, ZORA introduced the ability for creators to utilize AI for minting transactions on its platform, enabling rapid content generation and monetization.
This innovation marks a significant advancement for AI creators, allowing them to capture value from their models’ outputs.
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