Image default
Bitcoin

Zora Launches Attention Markets on Solana, Not Base


Decentralized SocialFi platform Zora has launched its new attention markets platform on Solana, allowing traders to speculate on which buzzwords, hashtags, trends and topics will go viral online.

“Trade what’s trending. Take positions on any topic, idea, meme, or moment before it breaks,” Zora’s newly launched platform states. 

One of Zora’s founders, Jacob Horne, said on Tuesday that it costs 1 Solana (SOL), currently $85, to deploy a “Trend,” aimed at disincentivizing spam. Trends have no creator rewards.

Zora is also enabling “Pairs” to be created under a Trend, which does offer creator rewards.

In a promotional video, Zora referenced the $redlight and $coldplunge pairs under the $longevity trend, as an example.

Traders are already testing the app, with “attentionmarkets,” “longevity,” “cats,” “dogs,” “bitcoin” and “aigirlfriend” among the most-traded tickers so far.

Dashboard of leading attention market trends. Source: Zora

The attention markets platform enables users to trade Trends and Pairs like ordinary tokens, with a dashboard to track user profits and losses in real-time.

The ZORA token responded positively to the announcement, rising 6.2% to $0.022 over the last 24 hours, while the broader crypto market retraced 1.2% over the same timeframe.

The launch of Zora’s attention markets coincides with the rapid rise of prediction markets, which are now consistently surpassing $10 billion in monthly trading volume and increasingly being marketed into the mainstream.

Meanwhile, Zora posted a job listing on Monday for an “Attention Economist,” looking for someone who lives on the internet and sees “what’s next before it has a name” by tracking cultural movements across the likes of TikTok, Instagram Reels, YouTube Shorts and X.

Base community criticizes Zora’s Solana integration

The Solana integration disappointed some members of the Base community, because Zora moved much of its activity from its native platform to Base last year and launched its first token on the network in April.