TechFlow, April 21 — On-chain detective ZachXBT posted about Zora's tokenomics model, questioning why a token should exist if it has no utility. He remarked that this situation is particularly awkward for a project that has raised over $60 million in total funding and carries a $600 million valuation.
Previously, Zora released its tokenomics model stating that ZORA is for entertainment purposes only, and holders have no governance rights or claims to any equity in Zora or its products.





