NFT marketplace Zora launches protocol rewards, minting fees will be distributed to creators and developers

ChainCatcher news, the NFT marketplace Zora has launched protocol rewards, allowing creators and developers to earn on-chain rewards on Zora. The protocol rewards are funded by minting fees, which will now be automatically distributed to creators and developers. Starting today, developers who launch free minting projects and those who develop on Zora will receive a portion of the fees from each minting project. The minting fee remains at 0.000777 ETH, ensuring that Zora's share will be significantly reduced. The remaining portion will be provided to creators and developers for new experiences and tools.