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The social media landscape is currently flawed. Its challenges for creators range from opaque monetization policies to platforms that take a big cut of creators’ earnings. Zora, a decentralized social media protocol, aims to fundamentally change this paradigm, giving creators control over their content and introducing novel monetization techniques through tokenization.
In this article, we’ll explore Zora’s decentralized social network, its key features and the ZORA token, and learn how Bybit users can participate in the Zora launchpool event.
Key Takeaways:
Zora is a decentralized social platform that lets creators tokenize their content into tradeable ERC-20 coins on the Base network.
The platform has raised over $60 million, and recently launched the ZORA token.
Bybit users can now trade ZORA on Bybit Spot, and long or short ZORA on Bybit Perpetual futures with up to 25x leverage.