ChainCatcher message, on-chain detective ZachXBT responds to the deployment of ERC-20z token events, stating: "Zora's user interface currently does not inform creators that ERC 20 tokens will be launched after the open edition NFT minting ends. If people continue to @ me in the posts, I will dilute this topic with more minting works that have no end date and may take other actions (replacing artworks on Zora with blank images). I never intended for people to speculate on the investigation; I just wanted a free digital collectible that could be permanently archived on the blockchain (e.g., see my previous Mirror article)."

According to previous reports, GMGN data shows that the market value of the ERC-20z token deployed by ZachXBT fell back after surpassing 14 million dollars.