Zora Network is a layer 2 built on top of Ethereum. But what does that mean?

Layer 2 (L2) refers to a separate network that extends the capabilities of Ethereum while allowing users to leverage its advantages and introduce improvements and enhancements.

Zora Network is built on the open-source OP Stack, maintained by the Optimism Collective. You can learn more about the OP Stack here. Although Zora developed and released the Zora Network software, Zora does not operate the Zora Network itself.

How do L2s work?

Layer 2 networks alleviate the transactional burden on Ethereum by handling transactions offchain. These offchain transactions are then aggregated and posted back to the Layer 1 blockchain in bundles, referred to as proofs. These proofs ensure the security and provability of all transactions conducted on the Zora Network.

While layer one blockchain networks like Ethereum prioritize security, data integrity, and decentralization, L2 solutions specialize in handling transaction execution. This clear division of responsibilities between L1 and L2 fosters a more scalable and optimized ecosystem.


https://zora.co/invite/0x760555dDcBC000ed5fE27F4041Fa4dBC2b262553

Are there minting fees?

• Yes, Zora charges a flat fee to collectors who mint an NFT created using Zora’s Creator Toolkit. The fee will be clearly displayed to collectors before the confirmation of the mint.
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• The minting fee is 0.000777 ETH per NFT minted.
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• Parts of this fee may be split with Creators, Developers, and other parties in the minting process via our Protocol Rewards, which you can learn about

Are there secondary purchase fees?

• Yes, Zora will charge a fee (the “Collect Fee”) to collectors who use the Collect or Offers features and complete a secondary purchase of an NFT. The Collect Fee will be clearly displayed to collectors before confirmation of the purchase.
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• The Collect Fee for each purchased NFT is 0.000777 ETH + 3% of the listed purchase price.
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• You can learn more about the Collect feature
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• You can learn more about Offers