Difference between revisions of "Zora (RAC)"
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== | ==Basics == | ||
* Announced on: [https://blog.ourzora.com/introducing-rac 1-10-2020] | * Announced on: [https://blog.ourzora.com/introducing-rac 1-10-2020] | ||
* [[Mainnet]] release: | * [[Mainnet]] release: | ||
| Line 7: | Line 7: | ||
''"“Everything” [https://ourzora.com/ exchange], meaning a place where creators can launch products and, through cryptoeconomic systems, capture all of the value they create."'' | ''"“Everything” [https://ourzora.com/ exchange], meaning a place where creators can launch products and, through cryptoeconomic systems, capture all of the value they create."'' | ||
* [https://www.theblockcrypto.com/linked/81562/ethereum-marketplace-zora-seed-round From] [[The Block]] (16-10-2020): | * [https://www.theblockcrypto.com/linked/81562/ethereum-marketplace-zora-seed-round From] [[The Block]] (16-10-2020): | ||
"''The Zora marketplace, built by the team behind the [https://www.theblockcrypto.com/post/57358/team-behind-viral-saint-fame-t-shirt-comes-out-of-stealth-with-new-online-marketplace viral] Saint Fame project, is meant to enable fashion brands and musicians to [https://www.theblockcrypto.com/post/57358/team-behind-viral-saint-fame-t-shirt-comes-out-of-stealth-with-new-online-marketplace launch] products in a tokenized form. Brands can generate revenue based on different product demands, and items are tokenized and sold on a [[bonding curve]] — an emerging token sale model in which the value of the token increases algorithmically with each new purchase."'' | "''The Zora marketplace, built by the team behind the [https://www.theblockcrypto.com/post/57358/team-behind-viral-saint-fame-t-shirt-comes-out-of-stealth-with-new-online-marketplace viral] Saint Fame project, is meant to enable fashion brands and musicians to [https://www.theblockcrypto.com/post/57358/team-behind-viral-saint-fame-t-shirt-comes-out-of-stealth-with-new-online-marketplace launch] products in a [[tokenized]] form. Brands can generate revenue based on different product demands, and items are tokenized and sold on a [[bonding curve]] — an emerging [[token]] sale model in which the value of the token increases algorithmically with each new purchase."'' | ||
== History == | == History == | ||
==Audits & Exploits== | |||
*[[Bug bounty]] program can be found [insert here]. | |||
===Bugs/Exploits=== | |||
==Governance== | |||
===Admin Keys=== | |||
===DAO=== | |||
===Treasury=== | |||
== Token == | == Token == | ||
=== Launch === | === Launch === | ||
| Line 21: | Line 28: | ||
# ''Moving forward we’re going to be giving:'' | # ''Moving forward we’re going to be giving:'' | ||
* ''50,000 RAC per month across all Patreon subscribers. This will be distributed pro-rata.'' | * ''50,000 RAC per month across all Patreon subscribers. This will be [[distributed]] pro-rata.'' | ||
* ''100,000 RAC for $TAPE redemptions on Zora. 1 $TAPE redemption has a 1,000 RAC reward."'' | * ''100,000 RAC for $TAPE redemptions on Zora. 1 $TAPE redemption has a 1,000 RAC reward."'' | ||
=== Utility === | === Utility === | ||
* [https://ethhub.substack.com/p/ethhub-weekly-134?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjo2OTA5OTI4LCJfIjoiYzl4Um4iLCJpYXQiOjE2MDIwNzc3MjMsImV4cCI6MTYwMjA4MTMyMywiaXNzIjoicHViLTM5MTAiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.k_ojYreKprb79X8EPS7zxvVxWcsoALuAARXWzIhzmmI From] [[EthHub]] #34 (5-10-2020): | * [https://ethhub.substack.com/p/ethhub-weekly-134?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjo2OTA5OTI4LCJfIjoiYzl4Um4iLCJpYXQiOjE2MDIwNzc3MjMsImV4cCI6MTYwMjA4MTMyMywiaXNzIjoicHViLTM5MTAiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.k_ojYreKprb79X8EPS7zxvVxWcsoALuAARXWzIhzmmI From] [[EthHub]] #34 (5-10-2020): | ||
''"RAC is a community token by Zora that is backed by the RAC project. Tokens will unlock access to various perks and exclusive content."'' | ''"RAC is a community token by Zora that is backed by the RAC project. [[Tokens]] will unlock access to various perks and exclusive content."'' | ||
=== Token Details === | === Token Details === | ||
| Line 35: | Line 42: | ||
* Built on: [[Ethereum]] | * Built on: [[Ethereum]] | ||
=== How it works === | === How it works === | ||
=== | === Fees === | ||
=== Staking === | === Staking === | ||
=== Liquidity Mining === | === Liquidity Mining === | ||
=== | === Scaling === | ||
=== Different Implementations === | === Different Implementations === | ||
=== Interoperability === | === Interoperability === | ||
=== Other Details === | === Other Details === | ||
== Oracle Method == | |||
== Oracle Method | |||
== Their Other Projects == | == Their Other Projects == | ||
=== Auction House === | === Auction House === | ||
| Line 51: | Line 56: | ||
''"[https://twitter.com/ourZORA/status/1392491097004417029 Auction House] is an open and [[Public Blockchains|permissionless]] protocol on [[Ethereum (ETH)|Ethereum]] that allows any creator, community, platform or [[Decentralised Autonomous Organisation (DAO)|DAO]] to create and run their own curated [[Non Fungible Tokens (NFTs)|NFT]] auction houses."'' | ''"[https://twitter.com/ourZORA/status/1392491097004417029 Auction House] is an open and [[Public Blockchains|permissionless]] protocol on [[Ethereum (ETH)|Ethereum]] that allows any creator, community, platform or [[Decentralised Autonomous Organisation (DAO)|DAO]] to create and run their own curated [[Non Fungible Tokens (NFTs)|NFT]] auction houses."'' | ||
== Roadmap == | == Roadmap == | ||
* Can be found [Insert | * Can be found [Insert [[LINK|link]] here]. | ||
== Usage == | == Usage == | ||
=== Projects that use or built on it === | === Projects that use or built on it === | ||
| Line 68: | Line 65: | ||
=== Pros === | === Pros === | ||
=== Cons === | === Cons === | ||
== Team, Funding, | == Team, Funding, Partners == | ||
=== Team === | === Team === | ||
* Full team can be found [here]. | * Full team can be found [here]. | ||
* Jacob Horne; creator | * [[Jacob Horne]]; creator | ||
* [[Kerman Kohli]] | * [[Kerman Kohli]] | ||
*[[Tyson Battistella]] | *[[Tyson Battistella]] | ||
=== Funding === | === Funding === | ||
* [https:// | |||
* Raised [https://twitter.com/sjrosenblum/status/1522260672490483713 $50M in funding], led by Haun Ventures (6-5-2022). | |||
* [https://www.coindesk.com/zora-gets-in-on-nft-funding-craze-with-8m-raise-sec-documents-show From] [[Coindesk|CoinDesk]] (1-4-2021): | * [https://www.coindesk.com/zora-gets-in-on-nft-funding-craze-with-8m-raise-sec-documents-show From] [[Coindesk|CoinDesk]] (1-4-2021): | ||
''"Raised nearly $8 million in equity sales, according to regulatory [https://www.sec.gov/Archives/edgar/data/1818368/000181836821000001/xslFormDX01/primary_doc.xml documents] seen by CoinDesk. Their identities were not immediately known and it was unclear at press time whether the raise includes October’s $2 million seed round."'' | ''"Raised nearly $8 million in equity sales, according to regulatory [https://www.sec.gov/Archives/edgar/data/1818368/000181836821000001/xslFormDX01/primary_doc.xml documents] seen by [[CoinDesk]]. Their identities were not immediately known and it was unclear at press time whether the raise includes October’s $2 million [[seed]] round."'' | ||
*[https://www.theblockcrypto.com/linked/81562/ethereum-marketplace-zora-seed-round From] [[The Block]] (16-10-2020): | |||
"''Has raised $2 million in a seed funding round led by venture capital fund [[Kindred Ventures]], according to a report by [[TechCrunch]] published Friday. According to the report, additional investors include [[Trevor McFedries]] from startup [[Brud]], [[Alice Lloyd George]], [[Jeff Staple]] and [[Coinbase Ventures]]."'' | |||
=== Partners === | === Partners === | ||
[[Category:Coins/Tokens]] | [[Category:Coins/Tokens]] | ||
Revision as of 09:01, 30 May 2022
Basics
"“Everything” exchange, meaning a place where creators can launch products and, through cryptoeconomic systems, capture all of the value they create."
"The Zora marketplace, built by the team behind the viral Saint Fame project, is meant to enable fashion brands and musicians to launch products in a tokenized form. Brands can generate revenue based on different product demands, and items are tokenized and sold on a bonding curve — an emerging token sale model in which the value of the token increases algorithmically with each new purchase."
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Treasury
Token
Launch
Token allocation
From the announcement (1-10-2020):
- "25,000 RAC split between 1,545 Bandcamp supporters (dating back to 2009)
- 25,000 RAC split between 219 supporters who bought RAC merch
- 200,000 RAC split between 152 existing Patreon supporters
- 14,000 RAC to EGO token holders
- 150,000 RAC to Twitch supporters (soon)
- Moving forward we’re going to be giving:
- 50,000 RAC per month across all Patreon subscribers. This will be distributed pro-rata.
- 100,000 RAC for $TAPE redemptions on Zora. 1 $TAPE redemption has a 1,000 RAC reward."
Utility
"RAC is a community token by Zora that is backed by the RAC project. Tokens will unlock access to various perks and exclusive content."
Token Details
Stablecoin
Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on: Ethereum
How it works
Fees
Staking
Liquidity Mining
Scaling
Different Implementations
Interoperability
Other Details
Oracle Method
Their Other Projects
Auction House
"Auction House is an open and permissionless protocol on Ethereum that allows any creator, community, platform or DAO to create and run their own curated NFT auction houses."
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Coin Distribution
Pros and Cons
Pros
Cons
Team, Funding, Partners
Team
- Full team can be found [here].
- Jacob Horne; creator
- Kerman Kohli
- Tyson Battistella
Funding
- Raised $50M in funding, led by Haun Ventures (6-5-2022).
"Raised nearly $8 million in equity sales, according to regulatory documents seen by CoinDesk. Their identities were not immediately known and it was unclear at press time whether the raise includes October’s $2 million seed round."
"Has raised $2 million in a seed funding round led by venture capital fund Kindred Ventures, according to a report by TechCrunch published Friday. According to the report, additional investors include Trevor McFedries from startup Brud, Alice Lloyd George, Jeff Staple and Coinbase Ventures."
