Markets
Exchange
Futures
Finance
Promotion
More
Newbie
Log In

LOOKS

No. 408
LooksRare
AMM
NFT
Ethereum
Token
LOOKS Price Today
0
USD
-5.08%
Lower Price
0
Upper Price
0
24H Value(USD)
0
Total Market Cap(USD)
0
Circulating Market Cap (USD)
0
Total Circulation
999.94M
99.99%
Total Supply
1.00B

Price

LOOKS Price Change
24H
--
7 days
--
30 days
--
90 days
--
180 days
--
365 days
--
All
--

Markets

Exchange
Market
Price
24H Change
30D Change
24H Volume
24H Value
Coin Introduction

1. Project introduction

LooksRare exchange is of a hybrid off-chain/on-chain system where taker orders match maker orders to execute trades for NFTs. It is a non-custodial exchange where orders require approval of the tokens (fungible and non-fungible) being transferred in a trade.Off-chain orders ("Maker orders") are EIP-712 signatures that are stored off-chain. A trade consists of a bilateral exchange of a ERC-20 token against a NFT token (e.g., ERC-721, ERC-1155) with a specific amount at a specific price. On each trade, trading fees can exist as (1) protocol fee and/or (2) royalty fee.LOOKS is the native token of LooksRare with total supply 1 Billion. As part of LooksRare’s initial launch, it’s distributing 120,000,000 LOOKS tokens (12% of total supply) to the NFT community.At the same time, if a NFT collection is marked as "Earning Rewards", it means that when NFTs within this collection are traded between users (excluding private sales), these trades will generate rewards for users on LooksRare. In addition, protocol fees go to LOOKS stakers and royalty fees are collected by creators (at each trade).

2. Team introduction

Co-Founder: Zodd

Twitter: https://twitter.com/ZoddLooksRare

Design Lead: Slug

Twitter: https://twitter.com/LOOKSLUG

Graphic Designer: Ermac

Github: https://github.com/ermaclooksrare

3. Application and distribution

Total supply: 1 billion

Token application:

(1) Used for protocol governance;

(2) Used as transaction and staking rewards.

Token distribution:

Community: 75% (12% for Airdrop, 18.9% for Staking Rewards, 44.1% for Volume Rewards)

Ecosystem Dev. (Treasury): 10%

Founding Team: 10%

Strategic Sale: 3.3%

Liquidity Mgmt.: 1.7%

Investing in cryptocurrencies carries market risks and price volatility. Before buying or selling, investors should consider their investment objectives, experience, and risk tolerance. Investments can result in partial or total loss, and investors should determine the investment amount based on the level of loss they can afford. Investors should be aware of the risks associated with crypto assets and seek assistance from financial advisors if in doubt. Additionally, there may still be unforeseen risks. Investors should consider their financial situation with diligence before making any trading decisions. The opinions, news, analysis, etc., provided on this website are market commentary and do not constitute investment advice. The platform is not responsible for any profit losses incurred due to reliance on this information.

The cryptocurrency data displayed on the platform (such as real-time prices) is sourced from third parties and for reference only, no guarantees provided. Trading on the internet comes with risks, including software and hardware failures. The platform does not control the reliability of the internet and is not responsible for any losses resulting from connection failures or other related issues.