Odaily Planet Daily News In the terms of service document officially released by the NFT trading market Zora, Article 5.6. Reward Plan mentions that Zora may provide certain incentives and rewards for users to use the service at its own discretion, which may include but not limited to The wallet used in airdrops encrypted assets.
In terms of such rewards, Zora may publish publicly available wallet activity through the service. The criteria for earning any such rewards will be at Zora's sole discretion and details regarding the rewards program will be made available on the Services at Zora's sole discretion.
As with any rewards program, users may be required to claim rewards using an eligible wallet during the relevant marketing period. If no reward is claimed during the marketing period, the user understands and agrees that the reward may expire and will no longer have any right to claim the reward.
Users are responsible for paying any and all taxes that may arise from claiming rewards. Zora reserves the right to change, modify, terminate or cancel any reward program at any time in its sole discretion without prior notice.
According to news last May, NFT start-up company Zora announced on Thursday that it had completed a $50 million seed round of financing at a valuation of $600 million, led by Haun Ventures, and participated by Coinbase Ventures and Kindred Ventures. It is reported that Haun Ventures is a Web3 venture capital institution founded by a16z general partner Katie Haun, and this is its first capital injection.
Founded in 2020 by three Coinbase veterans, Zora is focused on building an open-source protocol that allows anyone to build an NFT marketplace. Unlike OpenSea or Coinbase’s NFT marketplace, the company does not use a centralized database to manage NFTs, but an open on-chain protocol. Zora also has its own DAO - ZoraDAO.
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