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Zora is a web3 social protocol that empowers creators to generate and trade unique pieces of content by implementing NFT as a main tool for storing and verifying ownership of any piece of content on Zora. Shortly after the release of its social platform Zora launched its own NFT marketplace and then evolved into the Ethereum L2 network designed for NFT mints, trades, and transfers.
On May 5th, 2022, the company closed its $50M Private funding round at the $600M valuation from Haun Ventures, Coinbase Ventures, and Kindred Ventures.