Looksrare is the NFT marketplace that offers buying and selling of different NFT projects. Looksrare is a competitor of Opensea, i.e. the largest NFT marketplace platform is mainly based on the Ethereum network. Looksrare does not fork the version of any existing platform, as its smart contracts are tailor-made within the modular system. Looksrare’s unique smart contracts enable new features without fear of any security and decentralisation.
Looksrare offers 20% lower trading fees, i.e. platform commission than Opensea and charges trading fees of 3%, where opensea charges 4%. The platform also distributes rewards to its user for buying and selling NFT. Looksrare said it is the first community NFT marketplace where traders, bettors and collectors are rewarded differently. In the list of features, Looksrare has introduced a new type of interaction such as collection offer, feature offer and multiple cancellation. This new interaction will save user gas fees, as many users find it difficult to manage their assets on different platforms.
Looksrare’s trading volume is setting a new record since its launch and more new users are joining the platform. NFT’s top projects include Bored Ape Yacht Club, Azuki, Meebits and more already listed on the platform.
LOOKSRARE PRICE PREDICTION
MONTH AND YEAR LOOKSRARE PRICE FORECAST
May 2022 US$ 3,208
June 2022 US$ 4,765
July 2022 US$ 5,315
August 2022 US$ 5,627
September 2022 US$ 6,058
October 2022 US$ 4,501
November 2022 US$ 5,315
December 2022 US$ 5,842
March 2023 US$ 6,920
June 2023 US$ 7,063
September 2023 US$ 7,710
December 2023 US$ 8,236
April 2024 US$ 7,973
July 2024 US$ 9,290
October 2024 US$ 8,500
January 2025 US$ 9,457
February 2025 US$ 20,735
March 2025 US$ 21,309
April 2025 US$ 23,464
May 2025 US$ 23,823
June 2025 US$ 24.422
July 2025 US$ 27.295
August 2025 US$ 31.605
September 2025 US$ 28.827
October 2025 US$ 28.253
November 2025 US$ 33.041
December 2025 US$ 33,999
January 2030 US$ 73,026
March 2030 US$ 77,575
May 2030 US$ 87,153
July 2030 US$ 80,209
September 2030 US$ 92,420
December 2030 US$ 95,772
Looksrare Overview
Project name Looksrare
Ticker symbol APPEARANCE
Total supply 1,000,000,000,000
Official website Looksrare.org
Based on NFT Marketplace
Launch year 2022
Ethereum Network
Exchange Platform Uniswap, Huobi Global, Bybit, FTX, MXCE, ZB
Metamask Wallet
See price analysis
Looks utility and DAO token from the Looksrare platform created on the Ethereum network. Looks Token initially airdropped to NFT trader with few conditions, as 20% of the supply was airdropped. Looksrare after the listing set a huge record and after that appears on major CEX exchanges such as Huobi, Gate and others. It seems to registered an all-time high of $7 USD and during the bear run of 2022 it falls below $1 USD. It seems that the price is slowing down as the market is ready for another bull run. Looks has a great utility as the trading volume of NFT is still low and more large volume traded about to come in the future. therefore, in the future, the large trading volume will definitely be the favoured price of Looks token.
FREQUENTLY ASKED QUESTIONS
How much is LOOKS worth in 2030?
It is expected to trade between $500 and $600 USD.
Is Looks a good investment?
If your NFT trader, most of you already receive airdrop from Looksrare and betting with 250% APY will be a great investment.
Conclusion
Looksrare open competition to opensea, which already has millions of active users. Since the launch of Looksrare, many users switched from opensea due to the rewards and trading fees it offers. However, Whale still uses Opensea, as they do not care about the fees and features offered by the competition. Looksrare’s new feature, such as multiple order cancellation, custom ordering and buying or selling targets, is definitely a game changer. Looksrare ranks top 3 in the NFT marketplace category and continues to hold this position.