Difference between revisions of "Zora (RAC)"

From CryptoWiki

m (1 revision imported)
m
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
== Basics ==
==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: L2 went [https://docs.zora.co/docs/zora-network/intro live] on 29-6-2023
* Based in:
* Based in:
 
*[https://andrewsteinwold.substack.com/p/-quick-overview-of-the-nft-ecosystem From] [[Zima Red]] (1-10-2020):
* [https://andrewsteinwold.substack.com/p/-quick-overview-of-the-nft-ecosystem From] [[Zima Red]] (1-10-2020):
''"“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 27:


# ''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 ===
=== Stablecoin ===
=== Stablecoin ===
== Technology ==
== Zora Network Technology ==
* [[Whitepaper]] can be found [insert here].
* [[Whitepaper]] can be found [insert here].
* Code can be viewed [insert here].
* Code can be viewed [insert here].
* Built on: [[Ethereum]]
* Built on: [[Ethereum]], L2 optimistic [[Rollups|rollup]] [https://docs.zora.co/docs/zora-network/intro built] on [[Optimism (OP)|OP]] stack
=== How it works ===
=== How it works ===
=== Mining ===
 
* ''"Zora [https://docs.zora.co/docs/zora-network/intro does not] operate the Zora Network itself."'' (28-6-2023)
 
=== Fees ===
=== Staking ===
=== Staking ===
=== Liquidity Mining ===
=== Liquidity Mining ===
=== Layer Two ===
=== Scaling ===
=== Different Implementations ===
=== Different Implementations ===
=== Interoperability ===
=== Interoperability ===
=== Other Details ===
=== Other Details ===
== Privacy Method being used ==
== Oracle Method ==
=== Compliance ===
== Oracle Method being used ==
== Their Other Projects ==
== Their Other Projects ==
=== Auction House ===
=== Auction House ===
Line 51: Line 58:


''"[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."''
== Governance ==
=== DAO ===
=== Treasury ===
== Upgrades ==
== Roadmap ==
== Roadmap ==
* Can be found [Insert link here].
* Can be found [Insert [[LINK|link]] here].
== Audits ==
* [[Bug bounty]] program can be found [insert here].
=== Bugs/Hacks ===
== Usage ==
== Usage ==
=== Projects that use or built on it ===
=== Projects that use or built on it ===
Line 68: Line 67:
=== Pros ===
=== Pros ===
=== Cons ===
=== Cons ===
== Team, Funding, Partnerships, etc. ==
== 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://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]]."''
* 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]]

Latest revision as of 03:23, 30 June 2023

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

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token allocation

From the announcement (1-10-2020):

  1. "25,000 RAC split between 1,545 Bandcamp supporters (dating back to 2009)
  2. 25,000 RAC split between 219 supporters who bought RAC merch
  3. 200,000 RAC split between 152 existing Patreon supporters
  4. 14,000 RAC to EGO token holders
  5. 150,000 RAC to Twitch supporters (soon)
  1. 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

Zora Network Technology

How it works

  • "Zora does not operate the Zora Network itself." (28-6-2023)

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

Funding

"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."

Partners