Looks Rare: Read About A New NFT Marketplace And Its Airdrop Token, $Looks. All The Details Here

A new NFT marketplace popped up early this morning and it’s offering NFT investors a free token.

LooksRare.org is a new NFT marketplace that is backed by some of the biggest names in the NFT community including the largest Bored Ape Yacht Club holder, Dingaling.

In order to attract NFT holders to use the Looks Rare platform, the company is offering an airdrop of $Looks tokens to anyone with a combined Opensea trading volume of three Eth over a six-month time period (16th Jun 2021 to 16th Dec 2021). Users will also need to create a listing on Looks Rare in order to claim their airdrop, according to their website.

In total, Looks Rare is airdropping 120,000,000 or 12% of their total token supply to attract users to its website.

Users who are interested in claiming their airdrop will need to connect their Eth wallet to LooksRare.org to see if they qualify. Users will have between 7-10 days to claim their $Looks token, according to LooksRare.

At the time of this article’s publication, the $Looks token price was $2.15, according to Coinmarketcap.

Check out $Looks token distribution tiering below to see what airdrop you qualify for:

An interesting aspect of the $Looks token is the holder’s ability to stake it on LooksRare.org. By staking $Looks tokens, stakers will receive a proportional percentage of the trading fees associated with other users selling NFTs on the platform, according to the website.

The Bored Ape Gazette encourages everyone to always do their own research before claiming any tokens.

If you’re interested in learning more about LooksRare or claiming the airdrop, check out their website: https://looksrare.org or follow them on Twitter @LooksRareNFT.

Disclosure: The Bored Ape Gazette claimed 1200 tokens (sold half and staked the rest).