The first season of LooksRare, represented by the symbol $LOOKS, is currently being airdropped.
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@LooksRare is excited to announce their Season One Airdrop Event following the successful distribution of a $120,000,000 $LOOKS prize pool during their previous campaign, which was valued at $270,000,000 at the time. Participants in the month-long Season One Airdrop will compete for a share of the $420,000 prize pool made up of 5,000,000 $LOOKS. LooksRare is a community-first NFT marketplace that rewards traders, collectors, and creators for their involvement through a unique model that earns stakers up to 100% of trading fees and foster a thriving ecosystem that generates more $WETH with increased trading. To enhance the ecosystem, LooksRare has implemented a LOOKS token buyback mechanism that reduces the circulating supply of $LOOKS while benefiting the overall community..
Participate in exciting NFT raffles on the all-new Mobile App of the platform and get a chance to win exclusive NFTs without any hassle!
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Step-by-Step Guide ''LooksRare Season One – Stack Gems to Earn $LOOKS''
Starting from June 1, 2023, at 14:00 (UTC), you can compete with other LooksRare users for a month to earn Gems and win a share of the 5,000,000 $LOOKS prize pool.
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● To increase your Gem earnings, set the pricing of your NFT listings above the floor price while keeping them lower than other marketplaces..To secure a 5x multiplier for your Gems, it is recommended that you avoid equal price listings as they receive no multiplier, while higher listings are penalized at every snapshot with a 0.5x penalty. If you already have listings on OpenSea, it is advised to bring them over to maximize your Gem-earning potential on LooksRare. Plans are also underway to support the importing of Blur and other marketplace listings. At the end of Season One, Gems will be converted to $LOOKS based on the proportion earned. The Top 100 performers will receive varying degrees of boosts, with the Top 10 achieving a 2.5x multiplier. It is important to note that only verified collections adhering to ERC-721 standards are eligible to earn Gems, and any abuse or exploitation of the system will not be tolerated and may result in Gem deductions. Best of luck!.
It’s important to bear in mind that the security of your digital assets lies with you when using decentralized applications (ÐApps)!
Disclaimer: This content is not meant to be considered as financial advice. Investors are advised to conduct thorough research on any product prior to depositing or investing funds.
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Estimated value: ~$420,000 Prize Pool
Additional ICO Information
- Max Supply: 1,000,000,000 $LOOKS
- Blockchain Network: Ethereum (ERC-20)
- Markets: Uniswap, Bitget, Gate.io, BitMart, ByBit, Huobi Global, KuCoin, OKX…
Video Review and Price Prediction of LooksRare Token
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