Base creator Jesse Pollak highlighted the milestone, noting that the network now leads all others in on-chain token issuance.
Zora’s recent rise marks a notable trend in the evolution of content monetization on the blockchain.
While the platform initially gained attention before its April airdrop, its recent spike in activity reflects renewed interest in “content coins,” tokens created from individual posts or ideas.
According to the firm, roughly 93% of users are classified as traders, while only 6.1% act solely as creators. Less than 1% engage in both roles.
Considering this, critics argue that Zora’s system encourages speculation over substance.
According to him:
“You can call them Creator Coins, Culture Tokens, Internet Capital Markets, Music Tokens, AI Tokens, or Memecoins, but it won’t change the toxic fundamentals. It’s a zero sum PvP game of musical chairs. Nobody leaves with more than they came with unless someone else is losing. And retail gets rinsed by snipers, bundlers, coordinated pump and dumps, FNF groups, and industrial scale autonomous trading bots.”
He added:
“Coins are the most powerful technology we have as an industry for enabling the free flow of value. we should let creators use them.”
