According to Deep Tide TechFlow news, on April 21, on-chain detective ZachXBT published an article regarding the Zora Token economic model, stating that if the Token has no use, then why does it need to exist? For a project that has raised over 60 million dollars and is valued at 600 million dollars, this situation is indeed too embarrassing.
Zora previously released a token economic model indicating that ZORA is for entertainment purposes only, and its holders do not have any governance rights, nor do they have the right to request any equity in Zora or its products.
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On-chain detective ZachXBT: If the ZORA Token has no utility, then why does it need to exist?
According to Deep Tide TechFlow news, on April 21, on-chain detective ZachXBT published an article regarding the Zora Token economic model, stating that if the Token has no use, then why does it need to exist? For a project that has raised over 60 million dollars and is valued at 600 million dollars, this situation is indeed too embarrassing.
Zora previously released a token economic model indicating that ZORA is for entertainment purposes only, and its holders do not have any governance rights, nor do they have the right to request any equity in Zora or its products.