As NFT trading activity remains high in volume, a new wave of NFT trading platforms have begun to crop up in 2022.
LooksRare, a recently launched nonfungible token, or NFT, marketplace, says it needs to index all NFT collections on the Ethereum blockchain. the location went live on Mon with a token airdrop.
Created by 2 anonymous co-founders, called Zodd and Guts, LooksRare claimed to be made “By NFT folks, for NFT people.” in step with its journal announcement, the LooksRare team is “tired of the deplatforming of creators, and the decision-makers who price business over community, seeking IPO rather than benefiting the communities that got them there.”
Their alleged answer is to supply a marketplace that rewards the platform's participants and creators. Users who obtain or sell NFTs from eligible collections will earn its native utility LOOKS tokens. OpenSea users who listed 3 ETH or additional between June 16–Dec. 16, 2021 area unit eligible for an airdrop of LOOKS Tokens.
(Ornella Hernandez, Cointelegraph, 2022)