Coinbase, a major US cryptocurrency exchange, has added ZORA to its listing roadmap. ZORA is the cryptocurrency powering the Zora Network, a new social media platform built on the Ethereum blockchain.
What is ZORA?
Zora Network aims to create a social media experience where users can easily buy and sell posts as tokens. The platform offers creators two ways to earn money from trading activity: Trade Rewards and Market Rewards. ZORA launched recently and is currently trading at around $0.022. While it’s seen a price dip since launch, it’s showing some signs of recovery.
Coinbase’s Roadmap
Adding ZORA to its roadmap means Coinbase is considering adding trading support for the coin in the future. This roadmap, introduced in 2022, aims to be more transparent and prevent potential market manipulation. Coinbase’s CEO, Brian Armstrong, has previously stated the company’s goal is to list many cryptocurrencies, provided they meet their standards.
Disclaimer: This information is for general knowledge only and is not financial advice. Investing in cryptocurrencies is risky, so always do your research before investing.
