What is Zora creators coin?

Creator Coins are profile-level tokens on Zora, meaning that each account now has its own coin. As creators post and fans engage, the demand for these coins increases. It’s a simple and native way to support creators without middlemen, sponsors, or subscriptions. That something from Zora website.

My comments: once you create new account on Zora with email then activate your creator token that is your creator token.

• One coin per profile: Your username becomes your ticker ($username).

• Activation: Coins are created automatically for new users. Existing users activate the next time they post.

• Post-level pairs: All new posts are automatically paired with your Creator Coin ($username).

• Fixed supply: 1B total per coin.

  • 50% to the creator, automatically rewarded over 5 years

  • 50% instantly available to be bought and sold on the open market

• Earn 1% with every trade: Earn $ZORA from trade activity at the post and creator level.

• Find creator coins on profiles: Coins appear in profiles and wallets along with easy stats like volume, supply, and holders. 

Something to note: About 274.000 creator token will be unblocked every day. Creator profit from the following:

Trade free 1% each trade

Referral when user enter Zora by your referral link

From you post coins as well 1%

From sell your creator and post tokens.

Creators tips

Easy to earn by activate and share your creator and post coins to your socials network.

Earn by referrals as well.

build and grow your Zora by your strength and content.

Warning: only buy your real friends in Zora. Avoid to trade people token as you may lost your money for scam and fake creators.

Investor tips:

Only investigating your real idol and let your idol know about the Zora and earn from Referral.

Do your own research on every coin you wanna buy.

The best time to buy a creator coins is 3 or 4 days after creator active their coins as there are a lot of bot that buy the token very fast and then sell for profit within 3 days and others people fomo as well. After the first 3 days the token backs to it normal life then that time for you.

You may see a creator with millions of followers from x.com, TikTok, Instagram join the Zora. you think the good coin to buy! That not true. A lot of people fomo on their token and also bot.

Most of my investment of this type of token lost over 70% after a few days. Some lost 90% just after 4 hours.

Best way is wait until the token price downs 70% to buy back if you think that good to buy.

Dramas

A month ago, The Top Coin Creator on Base's Zora Is Porn Company Fake Taxi.

Now, can not be found in the zora anymore. https://zora.co/@faketaxi

They exited and reborned in another chain.

Latest drama is related to $kazonomics(https://zora.co/@kazonomics), their token lost 97.2 % due to banned from Zora due to violated on Zora term and policy. Before the ban, kazonomics is the 1st on the top creator ranking. The $kazonomics now trade at 0,0005845$ and Market cap around 590k.

$kazonomics may reborn in the new platform like Faketaxi.

Avoid Scam

Some scam doing like this:

Create a new Zora creator then add x account with 1 million followers. A lot of bot and user see that huge potential then buy creator coin. after a few hours or even an hours. The scam remove x account with 1m followers out of their Zora account.

They doing this day by day util now and the bots maybe on their target.

Some of them are:

https://x.com/Emredbu with many creator coins like this https://zora.co/@borl

Bonus top 10 creators on Zora for now.

Summary:

Just walk you though some of the aspect of Zora platform.

Apart from dramas still respect what the zora currently working and their idea when created Zora with the new idea of creator coin.

Not sure what's going on with this platform in the near feature. But still thing of positive thing with Zora.

Fun facts:

The button connect to Zora appears at Coinbase creator app. Maybe it integrate with that platform soon. This is a secrets, do not tell everyone :)