Coinbase-Backed Zora to Airdrop Token After a Week of Contentious Promotions
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Coinbase-Backed Zora to Airdrop Token After a Week of Contentious Promotions

Coinbase-Backed Zora to Airdrop Token After a Week of Contentious Promotions
“Good marketing,” a prominent crypto trader posted on X

- Zora's onchain social media platform will launch its ZORA token on April 23, 2025, following viral attention on X.
- Two snapshots will determine token distribution, covering user activity from January 1, 2020, to April 20, 2025.
- The platform saw a surge in activity, with over 230,000 new traders joining after promotions by Base's Jesse Pollack.
nchain social media platform Zora said its ZORA token will go live on April 23, days after it gained viral traction on X after a push from the Base network team.
It outlined two snapshots for the drop in an X post, one covering activity from January 1, 2020, to March 3, 2025, and another from March 3 to April 20, 2025.
napshots are the ability to record the state of a blockchain at a specific point in time, often used to reward users in tokens based on their activity on that blockchain over a specific time period.
The Coinbase-backed Zora came into the spotlight last week after a push from Base creator Jesse Pollack on how the platform allowed the creation of “content coins” — or tokens that represented their underlying picture or word phrases in a tradeable form
Base’s official X account posted about one such token, called "Base is for everyone,” which sent its market cap soaring from a few thousand to over $17 million within hours.
Blockchain sleuths later found three crypto wallets bought the tokens ahead of the official announcement — netting them a profit of $666,000, as reported.
Crypto exchange Coinbase, which develops and maintains Base, told CoinDesk at the time that is for everyone coin is not the official cryptocurrency of Base, and the layer 2 did not directly sell those
Highlights: Zora, backed by Coinbase, announces upcoming token airdrop. Follows a week of mixed reactions to its promotional campaign. Airdrop aims to reward early users and boost ecosystem engagement.

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