In the early hours of ( )26 today, Balaji Srinivasan, former Coinbase CTO and general partner of a16z, tokenized his best-selling book, The Network State, on Zora. At one point, the token's market cap was as high as $8.22 million, and the market cap returned to $1.8 million by the time of writing. At one point, Zora's market value soared 30%, pushing its market value to $3.64 billion.
Bestsellers can also be tokenized, Balaji's issuance drives the price of Zora to pump.
Zora is an asset launch platform on the Base chain, featuring everything that can be tokenized. A more famous case is that the previous Base chain officially tokenized "Base is for everyone" and the posters of Base's official offline activities in Brooklyn through Zora.
(Base chain official token issuance? Base is for everyone market capitalization surpasses twenty million US dollars )
On the early morning of the 26th Taiwan time, former Coinbase CTO and a16z general partner Balaji Srinivasan tokenized his bestseller "The Network State" on Zora. Notably, Balaji is also an investor in Zora.
The market capitalization of the token once reached 8.22 million USD, but before the deadline, it returned to 1.8 million USD. Meanwhile, the market capitalization of Zora once experienced a big pump of 30%, pushing its market capitalization up to 3.64 billion USD.
Balaji's bestseller explores the true nation connected by the internet.
The book "The Network State" describes a networked nation, as its name suggests. This nation has no geographical boundaries; anyone can be part of the networked nation simply by turning on their computer. Although Facebook, Bitcoin, and DAO also connect with each other through the internet and even implement governance functions, they are fundamentally different from the networked nation described by Balaji.
This article features former Coinbase CTO Balaji issuing tokens! The tokenization of the bestselling book "The Network State" on Zora first appeared in Chain News ABMedia.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Former Coinbase CTO Balaji issues coin! Tokenization of the bestseller "The Network State" on Zora.
In the early hours of ( )26 today, Balaji Srinivasan, former Coinbase CTO and general partner of a16z, tokenized his best-selling book, The Network State, on Zora. At one point, the token's market cap was as high as $8.22 million, and the market cap returned to $1.8 million by the time of writing. At one point, Zora's market value soared 30%, pushing its market value to $3.64 billion.
Bestsellers can also be tokenized, Balaji's issuance drives the price of Zora to pump.
Zora is an asset launch platform on the Base chain, featuring everything that can be tokenized. A more famous case is that the previous Base chain officially tokenized "Base is for everyone" and the posters of Base's official offline activities in Brooklyn through Zora.
(Base chain official token issuance? Base is for everyone market capitalization surpasses twenty million US dollars )
On the early morning of the 26th Taiwan time, former Coinbase CTO and a16z general partner Balaji Srinivasan tokenized his bestseller "The Network State" on Zora. Notably, Balaji is also an investor in Zora.
The market capitalization of the token once reached 8.22 million USD, but before the deadline, it returned to 1.8 million USD. Meanwhile, the market capitalization of Zora once experienced a big pump of 30%, pushing its market capitalization up to 3.64 billion USD.
Balaji's bestseller explores the true nation connected by the internet.
The book "The Network State" describes a networked nation, as its name suggests. This nation has no geographical boundaries; anyone can be part of the networked nation simply by turning on their computer. Although Facebook, Bitcoin, and DAO also connect with each other through the internet and even implement governance functions, they are fundamentally different from the networked nation described by Balaji.
This article features former Coinbase CTO Balaji issuing tokens! The tokenization of the bestselling book "The Network State" on Zora first appeared in Chain News ABMedia.