LooksRare Price
(LOOKS)
USD($)
LooksRare (LOOKS) Live Price Chart
Overview
About
Analysis
FAQ
LooksRare Live Price Data
The live price of LooksRare is $0.0611, with a total trading volume of $ 203,681 in the last 24 hours. The price of LooksRare changed by +0.65% in the past day, and its USD value has decreased by -2.23% over the last week. With a circulating supply of 999,941,673 LOOKS, the market cap of LooksRare is currently 61.22M USD, marking a --% increase today. LooksRare currently ranks #-- in market cap.
How do you feel about LooksRare today?
Note: This data is for reference only.
LooksRare(LOOKS) Profile
Rank--
BExpand 
Website
Documentation
Explorer
Contract
- Ethereum 0xf4d288...21e
Audited By
- https://github.com/trailofbits/publications/blob/master/reviews/LooksRare.pdf
- https://github.com/peckshield/publications/blob/master/audit_reports/PeckShield-Audit-Report-LooksRare-v1.0.pdf
- https://github.com/peckshield/publications/blob/master/audit_reports/PeckShield-Audit-Report-LooksRare-AggregatorFeeSharing-v1.0.pdf
Code & Community
Investors
- --
$0.0572
$0.0674
- ATH
- $7.07
- Price Change (1h)
- -1.29%
- Price Change (24h)
- +0.65%
- Price Change (7d)
- -2.23%
- Market Cap
- $61.22M
- 24h Volume
- $203,681
- Circulating Supply
- 999,941,673
- Max Supply
- 1B
About LOOKS
How can I buy LooksRare (LOOKS)?
Buying LOOKS on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy LooksRare (LOOKS) for more information. What Is LooksRare (LOOKS) Crypto?
LooksRare (LOOKS) is a community-oriented NFT marketplace that focuses on rewarding traders, collectors, and artists. It prides itself on being founded "by NFT people for NFT people." The platform launched with an airdrop to wallets that had generated a minimum volume of 3 ETH transactions on OpenSea. Over 110,000 wallets could claim LOOKS, representing 60% of all eligible wallets.
The community-oriented approach of LooksRare is based on three pillars:
1. Rewarding users: Users who buy or sell NFTs on the platform receive rewards in LOOKS.
2. Redistribution of platform fees: 100% of the generated fees go to the stakers.
3. Instant payout to artists: Artists receive immediate royalty payments at the time of sale.
LooksRare is built with modular smart contracts, which allows the platform to introduce new features over time. The roadmap promises further innovations such as the ability to bid on all NFTs in a selected collection, to bid on NFTs with specific features (e.g., a Bored Ape with golden fur), and to cancel multiple orders in one transaction.
How Does LooksRare NFT Marketplace Work?
LooksRare is an Ethereum-based NFT marketplace that utilizes blockchain technology to enable the trading of unique digital assets. The platform allows users to trade NFTs directly from their wallets. After connecting with the website, they can customize their profile and buy and sell individual NFTs or collections. NFTs are offered at fixed prices, or users can bid on them if the owner has listed an NFT for sale. All trades are paid in ETH or WETH.
A key difference from other NFT marketplaces like OpenSea is that LooksRare offers a lower trading fee of 2% compared to OpenSea's 2.5%. Additionally, traders receive rewards in the form of the native LOOKS token. This has led to allegations of so-called "wash trades" to boost the platform's popularity and exaggerate trading volume compared to other marketplaces.
The trading rewards follow a tiered emission schedule divided into four phases. In each phase, a specific number of LOOKS tokens are issued and distributed to users.
History and Background of LooksRare
LooksRare was launched by two anonymous founders named Zodd and Guts. The platform is similar to the SushiSwap DEX, founded by an anonymous account called "Chef Nomi."
Just as LooksRare competes with OpenSea, Sushi faced a larger and more resource-rich platform called Uniswap, which it tried to displace. LooksRare has also adopted Sushi's approach of challenging the established market leader through a "vampire attack," free tokens are distributed to users to draw liquidity away from the competition.
The founders of LooksRare have deliberately chosen to remain anonymous and not disclose any further information about their backgrounds. This approach reflects the tendency often found in crypto and NFT, where pseudonymity and decentralization are highly valued.
LooksRare (LOOKS) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.0005 | 0.99% |
| 7 Days | $-0.0014 | -2.24% |
| 30 Days | $0.0116 | 23.64% |
| 3 Months | $0.0155 | 34.21% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
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LooksRare Conversion Rate
FAQ
How much is 1 LooksRare (LOOKS) worth?
KuCoin provides real-time USD price updates for LooksRare (LOOKS). LooksRare price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time LOOKS to USD exchange rates. Is LooksRare (LOOKS) a Good Investment?
There are several reasons why the LooksRare project could be a promising investment opportunity:
Community-oriented Approach
LooksRare focuses on a democratic and user-centric culture, setting it apart from the top-down, corporate-oriented approach of other NFT marketplaces. The community plays a central role and is rewarded through various incentives, such as trading rewards and staking premiums.
Professional Platform
Unlike other community projects, LooksRare offers a professionally designed trading platform. Users can trade NFTs directly from their wallets and have access to features such as profile customization and buying and selling individual NFTs or entire collections.
Lower Trading Fees
LooksRare aims to offer lower trading fees than other NFT marketplaces. With a fixed fee of 2%, traders can reduce their trading costs and potentially achieve higher profits.
Potential Appreciation of the LOOKS Token
As the governance token of the platform, the LOOKS token could gain value if LooksRare continues to grow in popularity and more users utilize the platform. Limiting the token supply and distribution to the community could increase demand and lead to an appreciation in value.
These unique features make LooksRare a project with the potential to be successful in the long term and attract investors. However, as with any investment, conducting thorough research and understanding the risks associated with the crypto and NFT market is essential.
What Is LooksRare Price Prediction?
Several factors or features of the LooksRare project could positively impact the price forecast of LOOKS:
User Growth of LooksRare Platform
If LooksRare can expand its user base and build an active community, it could increase demand for the LOOKS token. A growing user base could also result in higher trading volume on the platform, which could positively affect the price.
Platform Usage
The more users utilize the LooksRare platform, the greater the demand for LOOKS tokens for trading and staking. If the platform offers attractive features and a seamless user experience, this could lead to more users wanting to hold and use LOOKS tokens.
Development of New Features
LooksRare has announced plans to introduce new features, such as bidding on NFTs in selected collections and canceling multiple orders in one transaction. If these new features are well-received and improve the trading experience, this could lead to increased activity on the platform and a higher price for LOOKS.
Market Acceptance of NFTs
The entire NFT market is still in an early stage, with significant potential for growth and acceptance. If NFTs continue to gain popularity and are adopted by a broader audience, this could also lead to increased demand for NFT platforms like LooksRare.
What Are LooksRare’s Tokenomics?
The tokenomics of LooksRare are based on the LOOKS token, which represents governance and utility on the platform. The total supply of LOOKS amounts to 1,000,000,000 tokens. The tokenomics of LOOKS are divided as follows:
1. Airdrop: 12%
2. Strategic Sale: 3.3%
3. Liquidity Management: 1.7%
4. Volume Rewards: 44.1%
5. Staking Rewards: 18.9%
6. Founding Team: 10%
7. Treasury: 10%
How to Use LooksRare NFT Marketplace
To use LooksRare, you need to follow some basic steps:
1. Create an account: Visit the LooksRare website and create an account by providing your information and signing up.
2. Connect your wallet: Connect your wallet to the LooksRare platform. LooksRare typically supports wallets like MetaMask, which allow you to manage your NFTs securely.
3. Explore the marketplace: Browse the LooksRare marketplace for various NFTs and collections. You can search by categories, artists, or specific NFTs.
4. Buying and selling NFTs: If you want to buy an NFT, you can accept the listed price or place a bid if the seller allows it. If you’re going to sell NFTs, you can list your NFTs for sale and set a price.
5. Participate in staking: If you hold LOOKS tokens, you can participate in staking to earn additional rewards. Connect your wallet to the staking pool and stake your LOOKS tokens according to the provided instructions.
How to Stake LOOKS on LooksRare
LooksRare allows the staking of LOOKS tokens to earn rewards. The staking model of LooksRare is based on staking LOOKS tokens in a staking pool.
Here are the steps to stake LOOKS tokens:
1. Buy LOOKS tokens on KuCoin or other supported exchanges, or participate in reward programs or airdrops.
2. Connect your wallet containing the LOOKS tokens to the LooksRare platform.
3. Choose the desired staking pool in which you want to stake your LOOKS tokens. Review the available pools and their corresponding rewards.
4. Enter the desired amount of LOOKS tokens to stake and confirm the transaction. The LOOKS tokens will then be staked in the selected pool.
5. Depending on the staking pool and the set rewards, you will regularly receive rewards in the form of additional LOOKS tokens.
Staking allows you to generate passive income while holding your LOOKS tokens and contributing to the security and stability of the network.
What is the all-time high price of LooksRare (LOOKS)?
The all-time high price of LooksRare (LOOKS) is $7.0700. The current price of LOOKS is down 99.13% from its all-time high.
What is the all-time low price of LooksRare (LOOKS)?
The all-time low price of LooksRare (LOOKS) is $0.0271. The current price of LOOKS is up 125.65% from its all-time low.
How much LooksRare (LOOKS) is there in circulation?
As of 12 22, 2024, there is currently 999,941,673 LOOKS in circulation. LOOKS has a maximum supply of 1B.
What is the market cap of LooksRare (LOOKS)?
The current market cap of LOOKS is $61.22M. It is calculated by multiplying the current supply of LOOKS by its real-time market price of $61.22M.
How do I store LooksRare (LOOKS)?
You can securely store your LooksRare in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your LOOKS include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Cosmos (ATOM) to cash?
You can instantly exchange your Cosmos (ATOM) for cash using KuCoin's Fast Trade feature. This feature enables you to convert ATOM to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.