Zora is a multichain NFT marketplace.
Nuts and bolts
Zora is both a marketplace and an open-source protocol (set of rules). They carry their own inventory but the protocol allows them to pull items through from other marketplaces on the Ethereum blockchain, including Art Blocks, Foundation, SuperRare and KnownOrigin.
- There are two different NFT listing options: reserve auction and fixed price listing.
- Zora does not charge a commission, but there must be ETH in the wallet to cover gas fees for minting, selling, or bidding.
- Owning an NFT on ZORA grants that person’s wallet the right to prove ownership and accept bids.
- Creators and collectors decide which cryptocurrency they wish to use to sell or acquire the work.
U.S.A in 2020