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【ZachXBT responded to "its deployment of an ERC-20z token": Zora did not inform about the launch of an ERC-20 token at the end of the Open Edition NFT minting and never intended to speculate on investigative topics】 November 5th, on-chain detective ZachXBT responded to the "deployment of an ERC-20z token" on social media by stating: "Zora's user interface currently does not inform creators that an ERC-20 token will be launched at the end of the open edition NFT minting, and attached a screenshot as evidence. If people continue to tag me in posts, I will further dilute this discussion with more minted works without an end date and may take other actions (such as replacing art on Zora with blank images). I never intended for people to speculate on the investigation, just wanted a free digital collectible that can be permanently archived on the blockchain (e.g., please see my previous Mirror article)."Previously reported, at 1:00 PM on November 5th, notzachxbt posted on social media that renowned on-chain detective ZachXBT deployed an ERC-20z token on the Base network on August 19, 2024. The token automatically created a liquidity pool using the Zora protocol. This token was part of ZachXBT's latest investigation report, utilizing Zora's new standard. Around 2800 tokens were minted in total, and after minting, the contract automatically deployed these tokens and some ETH revenue into a locked liquidity pool. All fees belong to ZachXBT.The token's price remained below $10,000 in market value in the two weeks following minting, then began to attract traders' attention, with most of the liquidity pool controlled by a DAO multi-signature wallet. ZachXBT's supporters have formed a community around this token, creating memes, a Telegram group, and a Twitter account, and even bridged the token to the Solana network for trading.
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