SEE MARKET GO

NEW ZORA FEATURE:

-EVERY 1155 TOKEN CAN BE WRAPPED (OR TRADED IN) FOR AN ERC-20 TOKEN ONCE THE MINT CLOSES.

-A PORTION OF THE PROTOCOL FEE (.0000111 OUT OF THE .000111 FEE) WILL BE ADDED TO A LOCKED LIQUIDITY POOL FOR THAT TOKEN

-A PORTION OF THE LP FEE WILL GO TO THE TOKEN CREATOR

-ANYONE HOLDING THE ERC-1155 TOKEN CAN ADD LIQUIDITY TO THE TOKEN’S LP AFTER WRAPPING THEIR TOKEN AS AN ERC-20 (CURRENTLY ONLY AVAILABLE THROUGH A CONTRACT CALL)

-THE ZORA MINT PAGE IS STRUCTURED TO HAVE ALL SECONDARY TRANSACTIONS HAPPEN THROUGH THE ERC-20 TOKEN

-THE LP FEE IS A FUNCTIONAL CREATOR ROYALTY IN PERPETUITY.

WHAT DOES THIS MEAN?

-ZORA HAS REDUCED IT’S PROTOCOL FEE IN EXCHANGE FOR LIQUIDITY ON SECONDARY MARKETS.

-ZORA IS LOOKING TO REPLACE THE OFF-CHAIN SECONDARY MARKET OPENSEA WITH AN ON-CHAIN SECONDARY MARKET FROM UNISWAP

-UNISWAP PROTOCOL V.4 UPGRADE CURRENTLY BEING AUDITED

-UNISWAP ALLOWS FOR A MORE EFFICIENT SECONDARY MARKET SPECIFICALLY FOR PRICE DISCOVERY.

-EFFICIENT PRICE DISCOVERY HAS THE ABILITY TO TURN ILLIQUID SECONDARY MARKETS LIQUID

THE SECONDARY MARKET IS BECOMING MORE EFFICIENT

PRICE DISCOVERY AND LIQUIDITY FOR TOKENS = MORE SECONDARY
ROYALTIES FOR CREATORS MEANS MORE SECONDARY VOLUME

UNISWAP IS GROWING AND UPGRADING ITS PROTOCOL

THE ABOVE FACTORS WILL LEAD TO BETTER PRICE DISCOVERY
ON SECONDARY MARKETS.

INVESTING IN THE LIQUIDITY OF A TOKEN ENCOURAGES ORGANIC PRICE DISCOVERY FOR THAT TOKEN.

LET THE SECONDARY MARKET PRICE THE TOKENS.

GENERATE VALUE IN THE SECONDARY MARKET AND USE THAT TO INFORM PRICING IN THE PRIMARY MARKET.

INVESTING IN THESE LPS IS STAKING CREATORS.

INVESTING IN LIQUIDITY ALLOWS FOR THE MARKET TO PRICE THE TOKEN.

WE ARE THE MARKET.

DON’T MAKE NUMBER GO UP.

MAKE NUMBER GO.

THESE ARE JUST MY INTERPRETATIONS OF PUBLICLY AVAILABLE INFORMATION, I AM NOT A ZORA EMPLOYEE AND THIS IS NOT FINANCIAL ADVICE.