LooksRare update: LOOKS Live price, price chart, news and markets

The LOOKS price update as of now is $0.001606. In the previous 24 hours, its trading volume was $840,899, and its value has decreased by -4.01%. As of now, LOOKS's live market cap is $1,594,639, and it is ranked as the #1215 on the Coincu. LOOKS has a circulating supply of 1,000,000,000 and a maximum supply of 1,000,000,000.

What is LooksRare?

LooksRare is an Ethereum NFT exchange and community-focused project similar to Opensea. It distinguishes itself by offering incentives and rewards to all participants, including Traders, Creators, and Investors.

LooksRare has developed a product that has attracted a substantial user base.

Key Features of LooksRare

LooksRare introduced an Airdrop program during its initial launch, where 12% of the total LOOKS token supply was allocated to attract users from Opensea.

LooksRare has a unique strategy that aims to vampire attack Opensea by implementing incentives similar to Sushiwap's approach with Uniswap. Additionally, LooksRare has announced the development of various new features, making it more than just a mere "fork" of Opensea.

Within a single day of the launch and airdrop announcement, LooksRare achieved a trading volume of $322 M USD on January 11, which was nearly double that of Opensea on the same day. This demonstrates the captivating nature of the LooksRare project.

Despite its recent launch, the LOOKS token of LooksRare has already been listed on reputable exchanges such as FTX, Okex, Huobi, and more.

Advantages of Holding LOOKS Token

By holding LOOKS Token, users can enjoy the following benefits:

The mentioned transaction fees will be distributed among LOOKS Stakers. LooksRare imposes a 2% fee on all NFT transactions (excluding private trading) conducted on its platform.

Staking LOOKS also provides an additional incentive bonus from LooksRare.

Currently, Staking LOOKS offers a profit of 57.88% APY.

Roadmap

Updating....

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