Metaversal

Share this post

Whatโ€™s new with Zora ๐ŸŒœ๐ŸŒž๐ŸŒ›

metaversal.banklesshq.com

Whatโ€™s new with Zora ๐ŸŒœ๐ŸŒž๐ŸŒ›

A tour of 7 new Zora tools!

William M. Peaster
Jul 12, 2022
27
Share this post

Whatโ€™s new with Zora ๐ŸŒœ๐ŸŒž๐ŸŒ›

metaversal.banklesshq.com

Metaversal is a Bankless newsletter for weekly level-ups on NFTs, virtual worlds, & collectibles


Dear Bankless Nation,

Zora is my favorite NFT marketplace protocol for its on-chain structure, slick style, and open-source values.ย 

Twitter avatar for @ourZORA
๐ŸŒœ๐ŸŒž๐ŸŒ› @ourZORA
Onchain, online, and open source.
6:46 PM โˆ™ May 26, 2022
142Likes18Retweets

As some of you may recall, I last wrote about Zora back in January when its creators unveiled Zora V3, which, in my opinion, is something of an on-chain marvel.ย 

Since then, Zoraโ€™s builders have been on a tear and released many useful new NFTs tools. According to my count โ€” and I may be missing some! โ€” Zora has released no less than 7 major new resources or functionalities over the past few months.ย 

For todayโ€™s Metaversal, letโ€™s walk through what these new tools are and catch up on Zoraโ€™s ongoing evolution ๐ŸŒœ๐ŸŒž๐ŸŒ›

-WMP


๐Ÿ™ Sponsor:ย Nexo - Buy BTC, ETH, and 40+ cryptocurrencies and keep your assets safe.โœจ


Zora is delivering in big ways for on-chain creatives

Twitter avatar for @__ASEC
ASEC ~ Nathan @__ASEC
mint collections on @ourZORA. create.zora.co
Image
8:00 PM โˆ™ May 19, 2022
122Likes18Retweets

First, a Zora refresher

Zora is an NFT marketplace protocol that adheres to a โ€œhyperstructureโ€ architecture.ย 

Conceptualized by Zora Labs co-founder Jacob Horne, hyperstructures are โ€œcrypto protocols that can run for free and forever, without maintenance, interruption or intermediaries.โ€

Among other things, for Zora this architecture means the NFT marketplace protocol is free (0% protocol fee), credibly neutral (user agnostic), permissionless (universally accessible), and unstoppable (usable as long as Ethereum exists).ย 

Image via Zoraโ€™s Docs

Zooming in further, Zora V3 notably makes use of a novel โ€œmodulesโ€ system.ย 

To avoid the pitfalls of proxy upgrades or new independent smart contract releases, Zora V3 is based on a few foundational contracts that can support endless extensions via new modules, and each of these modules adds new market functionalities to Zora.ย 

This approach allows Zoraโ€™s builders to iterate on features quickly in a gas-efficient way that only requires users to approve their tokens once. Some of the systemโ€™s first modules include Asks (sell NFTs at a fixed price), Reserve Auctions (sell NFTs using reserve auctions), and Offers (make an offer on any NFT).ย 

Whatโ€™s ๐Ÿ†• at Zora

Image via Zora

Youโ€™re caught up on the basics of how the contemporary Zora protocol works, so now letโ€™s dive into all the notable resources the Zora team has released in recent months:ย 

1) Auction House

In April 2022, Zora launched Auction House, an โ€œopen and permissionless protocol on Ethereum that allows any creator, community, platform or DAO to create and run their own curated NFT auction houses.โ€

Simply put, the system lets artists and collectors set up on-chain timed reserve auctions (e.g. a 24-hour auction kicks off upon a 1 ETH reserve being met) on their NFT creations or collections.

2) Editions

Twitter avatar for @ourZORA
๐ŸŒœ๐ŸŒž๐ŸŒ› @ourZORA
Editions: Learn how to create a limited edition series of NFTs for a single artwork. โ†ณโ†ณโ†ณcreate.zora.co
10:02 PM โˆ™ May 23, 2022
77Likes16Retweets

In May 2022, Zora added an Editions functionality to its creator toolkit. The resource offers a streamlined way to create a limited-edition NFT series for a single artwork. All users have to do is upload their desired work, set up the main mint details (e.g. supply, list price, and royalties), and complete a transaction, then voila! You have your very own NFT collection. Zoraโ€™s since launched additional updates to the tool, as well.

Twitter avatar for @ourZORA
๐ŸŒœ๐ŸŒž๐ŸŒ› @ourZORA
::: Editions Tool Updates ::: ๐ŸŽน Music with album art ๐ŸŽฌ Video support ๐Ÿ›  SVG support ๐ŸŒˆ Mobile UX improved ๐ŸŒ Add SEO images, title, description Create your editions now: โ†ณ create.zora.co
4:24 PM โˆ™ May 26, 2022
177Likes32Retweets

3) Drops contract

Also in May 2022, Zora open-sourced the smart contracts of a new style of NFT drop it had developed.

Twitter avatar for @isiain
iain @isiain
some new minting contracts for ~drops~ from ZORA some fun features: 1. super-flexible presale and team mint features 2. based on latest version of ERC721A 3. has on-chain royalty support w/ zora v3 and looksrare 4. wholly-owned user contract โ€“ no admin access from ZORA
6:11 PM โˆ™ May 26, 2022
20Likes2Retweets

In particular, the drop approach offers tons of flexibility and modularity to NFT projects, plus on-chain royalties and gas efficiency in general.ย 

4) Zora NFT API

Twitter avatar for @js_horne
jacob @js_horne
ZORA API: Making it easy for developers to create their own NFT marketplaces, apps and platforms. A lot of incredible work by the @ZORAEngineering team went into this, so excited to see it out! Build on Zora: โ†ณ api.zora.co
Image
6:59 PM โˆ™ Jun 1, 2022
288Likes39Retweets

NFT data on Ethereum is surging out in all directions. To help builders navigate this swelling sea of data, Zora published the Zora API in June 2022. This powerful resource allows NFT projects to readily search for any kind of ERC721 NFT data, including mints, transfers, sales info, and beyond. Expect many more NFT projects to be built around this API going forward.ย 

Twitter avatar for @nptacek
nptacek.eth @nptacek
This API is incredibly powerful. Hereโ€™s an NFT sales dashboard I made using it.
Image
Twitter avatar for @ZORAEngineering
ZORA Engineering โ˜ผโ˜ฝ @ZORAEngineering
We have tools for you at every level of abstraction: pick what's right for you & your project! ~ GraphQL API: for maximum customizability ~ ZDK: a simple TypeScript wrapper for the API ~ React Hooks: an even simplerer wrapper of the ZDK https://t.co/DvCMdUcB7D https://t.co/FPF2s3XbmI
7:03 PM โˆ™ Jun 27, 2022
100Likes4Retweets

5) Timed open editions

Twitter avatar for @ourZORA
๐ŸŒœ๐ŸŒž๐ŸŒ› @ourZORA
Timed Open Editions: Create a limited open edition series of NFTs for a single artwork. โ†ฑ โ†ฑ โ†ฑ learn how below โ†ด โ†ด โ†ด
7:45 PM โˆ™ Jun 17, 2022
155Likes26Retweets

In June 2022, the Zora team unveiled a timed open editions feature. This service lets creators launch a limited-edition open edition for a single artwork by setting just a few parameters like starting time, end date, and mint price. This is a cool way to do NFT drops for anyone in your audience who wants one, and Zoraโ€™s made the process easy.ย 

6) Redeemable NFTs

Twitter avatar for @ourZORA
๐ŸŒœ๐ŸŒž๐ŸŒ› @ourZORA
๐ŸŒโ†’๐ŸŒ Redeemable NFTs An NFT that is redeemable for a physical good. โ†ณ Pay with ETH โ†ณ Resale royalties for the creator โ†ณ Ability to resell without shipping Try it out with the incredible IRL Nouns Glasses by @nounsvision: โ†ณ nounsvision.com
6:15 PM โˆ™ Jun 29, 2022
179Likes30Retweets

Another interesting recent release from Zora has been the Redeemable NFTs tool, which lets creators drop NFTs that are redeemable for physical goods, e.g. a physical wearable version of the iconic red Nouns DAO glasses. To avoid confusion, the Zora protocol separates redeemed and unredeemed NFTs from a series into different collections.

7) Zora Development Kit

Twitter avatar for @js_horne
jacob @js_horne
Introducing ZDK: Zora Development Kit Zora has the most fully featured and complete toolset in the community: โ†ณ Hooks โ†ณ API โ†ณ ZDK โ†ณ Protocol ZDK is a powerful dev tool for builders to easily create their own NFT platforms, apps and artworks. zdk.zora.co
4:56 PM โˆ™ Jun 27, 2022
245Likes42Retweets

Another June 2022 release, the Zora Development Kit, or ZDK, is a hub of tools that makes it simple for developers to build around Zora. If youโ€™re building out a new NFT project and youโ€™re looking to plug into some great infrastructure, the ZDK is a resource I would not sleep on!


Action steps

  • ๐ŸŒœ๐ŸŒž๐ŸŒ›Check out Zora and its new features

  • ๐Ÿ™‡ Read my previous write-up Big platforms eye Polygon NFTs if you missed it


Author Bio

William M. Peaster is a professional writer and creator of Metaversalโ€”a Bankless newsletter focused on the emergence of NFTs in the cryptoeconomy. Heโ€™s also recently been contributing content to Bankless, JPG, and beyond!


Subscribe toย Bankless. $22 per mo. Includesย archive access,ย Inner Circleย &ย Badge.


๐Ÿ™Thanks to our sponsor

NEXO

Nexo follows a robust business model that safeguards your crypto in all market conditions. The companyโ€™s strict overcollateralization policy makes it the go-to platform to safely borrow against your crypto. You can also buy or exchange 40+ assets and earn daily compounding interest.

๐Ÿ‘‰ Get Started Now!


Not financial or tax advice.ย This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.


Disclosure.ย From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See ourย investment disclosures here.

Share this post

Whatโ€™s new with Zora ๐ŸŒœ๐ŸŒž๐ŸŒ›

metaversal.banklesshq.com
Comments
TopNewCommunity

No posts

Ready for more?

ยฉ 2023 Ryan Sean Adams
Privacy โˆ™ Terms โˆ™ Collection notice
Start WritingGet the app
Substackย is the home for great writing