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Zora has the numbers to show that it is a top contender for the NFT Marketplace in 2022. Over 1.3 million NFT issues have been sold on Zora this year. In an official Twitter thread, the Zora marketplace posts the numbers for a variety of sales metrics and creator success stories! Read on to learn more about this statistic and what it means for the industry!
This year, Zora is witnessing over one million NFT editions. An “Edition” means a collection of identical NFTs minted at a fixed price. This type of NFT minting option took off in the market this year, with over 5,800 artists/creators using the option. The 1.3 million minted editions also saw over 180,000 collectors, at over 1,500 ETH on primary sales.
These creators include the likes of NFT builders like @poolsuite, @katecursed, @visualizevalue, @_nic_hamilton_, @FWBtweets, @nounsvision, @rainbowdotme and more. The successful Editions contract allows creators to fully control their launches and access options as they do so. This includes multimedia support, fixed, timed and open editions, airdrops, approval lists, overviews and more! Also, the best part of all of this is that the marketplace allows all of this with a simple, no-code tool.
Zora includes tools that allow anyone – artists, developers, labels, creators – not only to buy and sell NFTs, but to launch entire NFT collections. They can also build independent marketplaces and branded experiences, and because of this, Zora is the technology that powers many of the coolest music projects in the web3. In addition, Zora also sees two major music releases being sold out this week! The two editions are “Guaranteez” by Stockz & chillpill (feat. Ayotemi) (50/50 sold out), and Culpa MÃa (25/25 sold out).
With these steps, Zora is slowly climbing up the ladder to be one of the most efficient marketplaces in the NFT industry. The confidence, impact and overall growth they are showing in 2022 marks a bright future – especially for music NFT fans and collectors! Learn more about the Zora Marketplace in 2022 by clicking here.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, do your own research before making any kind of investment.