Zora faces backlash over token supply control and 'for fun' label

Zora recently announced its intent to launch a ZORA token, but its plans have faced criticism after it was revealed that 65% of the token’s supply is allocated to the team, treasury, and early inve...

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Zora faces backlash over token supply control and 'for fun' label

Source: CryptoSlate

Zora recently announced its intent to launch a ZORA token, but its plans have faced criticism after it was revealed that 65% of the token’s supply is allocated to the team, treasury, and early investors, despite the token’s official documentation describing it as “for fun only.” According to Zora’s publicly available supply breakdown, ZORA will […]