Zora: The NFT Based Marketplace

Zora is identified as a ‘universal media registry protocol’ for facilitating the sharing of NFTs.
Zora is an Ethereum blockchain protocol, that creates perpetual media markets using ERC-721 tokens. Each media item has its market with transparent bids accessible to all. Owners can set an asking price for potential buyers.

Here’s how Zora works:

“Traditionally, to establish an NFT collection on Zora, a Creator must cover gas fees to publish their collection onto a supported blockchain network (i.e., bring it on-chain).
Now, a Creator aiming to form a collection on Zora Network can offer their collection for minting on Zora without immediate on-chain deployment. Instead, the initial purchaser of your edition (the “First Minter”) will handle the gas fees to publish your edition on Zora Network!”

Here’s a simple guide you need to follow to create a collection for free on Zora:

1.Select “Create collection” and enter your collection details.

2.Upload the media for your edition. This file can be a video, gif, audio, HTML, PDF, 3D file, or text.

Want to upload multiple media files at once? Drag and drop more files or select “+ Add more”.

A couple of things to consider:

*.There is a maximum limit of 25 files in a single upload.
*.All editions uploaded in a single batch will have the same settings and sales configuration.
*.Want to mint a text NFT? Click anywhere in the upload box and type and paste your text.

3.You can add your edition to a collection.

There are two options for adding your Edition to a collection.

a.The first is to add your edition to one of your existing edition collections. To do this, enter the contract address for your collection into the space provided. ​

b.If you have not yet created a collection OR would like to create a new

*.Enter the title for your new Edition Collection
*.Add a description for your collection.
*.You can add your collection thumbnail; this can be an image or a gif.

4.Enter the name of your edition(s).

*.If you are uploading a batch of artwork, select the ‘pencil’ symbol to edit the name and description for each edition.

5.Set your mint price: Enter your desired amount in ETH. The price can be updated once your edition has been created.

*.Your price will also determine the Protocol Rewards you can receive from your collection.

6.Edit “Advanced Options” for your collection. This includes changing :

*.Description
*.Mint limit
*.Sales Configuration
*.Custom payout addresses

7.Ensure the checkbox is UNCHECKED to have your collection created for no cost.

8.Select “Create” to finish creating your collection. This will prompt you to sign a signature request.

 

Now you’ve successfully created your collection.

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