Creators create and sell NFTs on Zora. They receive a cut of the primary sales (supply-side fees).

Zora is a non-custodial NFT minting protocol built on Ethereum and launched in 2021.

Team and investors own and govern the protocol. They currently take a cut the primary sales paid by collectors (revenue).

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Zora

# P/S ratio (circulating) Methodology

## Overview

P/S ratio (circulating) measures the circulating market cap relative to annualized revenue retained by the project. It shows how highly the project is valued relative to the portion of user-paid fees it captures.

${market_cap_circulating} / (rolling_avg(${revenue}, 30) * 365)

Circulating market cap relative to annualized revenue.

ZoraZORA

P/S ratio (circulating)

P/S ratio (circulating)

Competitive landscape