ZORA Promises to Make It Easier for Users to Produce and Exchange Meme Coins

The Ethereum-based platform ZORA has announced its intention to launch a token on Base, Coinbase's layer 2 network

ETH-based platform ZORA is set to launch its token on Base, Coinbase’s layer 2 network, signaling a new wave in the meme coin domain.

Known for its role in facilitating creator-driven social tokens, ZORA will be making it easier for users to make and exchange meme coins on Base. This launch could alter how communities interact with crypto, combining cultural trends with blockchain innovation.

What Is ZORA’s Token Launch?

The ZORA (ZORA) token will be launching on April 23, 2025, with a total supply of 10 billion tokens. Ten percent of the total supply will go towards a retroactive airdrop, to reward early adopters of the ZORA platform. Another 20% will be used for community grants, hackathons, and other initiatives that support the ZORA ecosystem. Five percent of the tokens will be allocated for liquidity.

Those who were using the ZORA platform will be eligible for the airdrop, based on two snapshots. The first snapshot will take place from 00:00:00 UTC January 1, 2020 to 14:00:00 UTC March 3, 2025. The second snapshot will take place from 14:00:00 UTC March 3, 2025 to 00:00:00 UTC April 20, 2025. Both snapshots will monitor actions such as NFT creation and trading activity on the ZORA platform.

Among the exchanges that will be listing ZORA at launch is Binance Alpha. Those who are qualified will be receiving 4,276 ZORA tokens. This level of interest from a major exchange at launch highlights the strong community support and anticipation for the token.

How Does Zora Facilitate Meme Coins?

Zora’s new suite of meme coin tools makes it easier than ever to create social tokens. Users can mint a unique coin for every post they make on Zora, and each coin will have a 1 billion token supply. Creators will also earn royalties from any trading activity on their coins, which encourages them to stay actively involved with their communities. This system is designed to reward authors, collectors and fans, fostering a vibrant social economy around meme coins.

Zora, which is backed by the likes of Coinbase Ventures and Paradigm and has raised over $50 million to date, is planning to use these new meme coin tools to strengthen creator-driven communities on Base.

CartelFi: Generating Yield From Memecoins

Following Zora’s move into meme coins, CartelFi (CARTFI) is forging the trend further by presenting a novel approach to generate yield from idle meme tokens. Through its advanced protocols for both customized staking and liquidity pools, users can achieve an outstanding APY of up to 1,000%, all while maintaining complete exposure to their preferred meme coins. This allows holders to effortlessly earn rewards without needing to sell, circumventing a significant challenge in the realm of meme investing.

The ongoing presale for the token has already raised over $1 million, showcasing strong community support and increasing interest from retail and institutional investors. Currently in its 5th stage, the presale token price stands at $0.0336 for the final stage.

Featuring a unique tokenomic structure, CARTFI implements a deflationary strategy. Up to 100% of protocol fees are used to buy back tokens, with half being permanently burned. This burning mechanism contributes to a smaller circulating supply, which could potentially lead to an increase in value over time.