Binance Alpha Lists Zora Token, Offers 4,276 ZORA Airdrop

Binance Alpha, a platform dedicated to discovering and trading new tokens, has announced the listing of Zora (ZORA) as part of its 42nd batch of Spotlight Projects. Trading for ZORA will commence on April 23, 2025, at 13:00 UTC. This initiative is part of Binance Alpha's continuous efforts to introduce exciting new tokens to its users, thereby fostering a dynamic and evolving trading environment.

The listing of ZORA on Binance Alpha is accompanied by an exclusive airdrop for eligible users. Those who have spent at least $50 on Binance Alpha between March 22 and April 20, 2025, will automatically receive 4,276 ZORA tokens in their Alpha account. This airdrop is designed to reward active users and encourage further engagement with the platform. The airdrop will follow 10 minutes after trading begins, ensuring that eligible users can start trading their newly acquired tokens promptly.

Zora Network, a dedicated layer-2 solution for NFTs, has also announced the launch of its ZORA token. The airdrop, scheduled for April 23, 2025, is a retroactive airdrop aimed at users who have actively engaged with the platform. The snapshot data for the airdrop is split into two phases: the first phase spans from January 1, 2020, to March 3, 2025, and the second phase covers March 3, 2025, to April 20, 2025. Zora plans to allocate 10% of its total 10 billion token supply, which is 1 billion ZORA tokens, for this airdrop. The Zora team will hold 18.9% of the supply, while strategic advisors and development supporters will control over 26%.

Zora Network, launched in 2020, has raised $60 million from investors such as Coinbase Ventures and Haun Ventures. The platform not only functions as an NFT marketplace but also as a protocol that enables third parties to build and sell NFTs. One notable example is its recent integration with Base, Coinbase’s layer-2 project. Base used Zora to tokenize a post on X titled “Base is for everyone,” turning it into an ERC-20 token. This post generated significant trading volume and profit, although it also sparked controversy and raised concerns about transparency in projects tied to Zora.

The listing of ZORA on Binance Alpha and the accompanying airdrop are significant developments for both Binance and Zora Network. For Binance, it represents another step in its mission to provide users with access to innovative and promising tokens. For Zora Network, it offers increased visibility and liquidity, potentially attracting more users and developers to its platform. The airdrop, in particular, is a strategic move to reward early adopters and incentivize further engagement with the Zora ecosystem.