todayonchain.com

Zora launches ‘attention markets’ on Solana

The Block
Zora is launching 'attention markets' on Solana, allowing users to speculate on the virality of online topics and trends.

Summary

Zora, a crypto social platform previously associated with the Ethereum L2 Base, is expanding its offerings by launching its "attention markets" product on the Solana blockchain. These markets enable users, referred to as SocialFi traders, to speculate by going long or short on the anticipated traction or virality of specific topics, memes, ideas, or moments gaining online attention. Users can create markets, add related links, build positions across various market pairs, track profit and loss in real-time, and cash out at any time. This move follows Zora's previous experiments in the creator economy, such as its Base-based "creator coins." Other startups, like Base-based Noise, are also exploring this emerging sector of attention markets.

(Source:The Block)