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Posted: 2025-04-23 13:57:38 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-23 13:58:32 UTC
Verified By
Rollup News
Zora, a Coinbase-backed platform, abandoned NFTs in favor of ERC-20-style "creator coins," breaking promises to artists and leaving users with worthless tokens. Similarly, Base promoted a token that quickly crashed, highlighting a pattern of broken promises in the creator empowerment space.
Zora abandoned NFTs for ERC-20 tokens, betraying its original promises to artists.
The $ZORA token has no governance rights and provides no control or ownership to users.
Insiders benefited from the shift, while regular creators lost their tools and gained worthless coins.
Base promoted a token that crashed shortly after launch, further damaging trust in creator empowerment projects.