Posts

Showing posts from January, 2022

NFT Marketplace report: LooksRare sees close to $400 million in sales

  As reported previously by NFThly.com the latest splash in the world of NFT Marketplaces is LooksRare. With a bang of an entry, the new kid on the block has now reported sales of $394 million within just three days of launch. This was reported by CoinTelegraph earlier. With its recent launch,  LooksRare has entered into the very competitive NFT Marketplace  space with a lower fee than the largest competitor OpenSea, at two percent which is also channeled back into its backers (any holders of the  $LOOKS  cryptocurrency). The $LOOKS coin has, similarly to its connected marketplace, seen a lot of attention in recent days. The coin is up around 25% just in the last 12 hours. Indexing all Ethereum NFT collections LooksRare has taken a slightly different approach in indexing all NFT collections on the Ethereum blockchain. “That means you can trade all the Ethereum NFTs that are available on OpenSea… and some that aren’t,” the developers communicated ...