Tag Archives: LooksRare

The LooksRare platform’s adoption of the NFT zero royalty policy adds to the growing number of platforms that have done so and gives the policy a foothold in what has been a contentious topic for some time. It’s possible that the recent trend is connected to the economy’s downward trajectory and traders’ disappointment with the profitability of NFTs. The incorporation of Twitter into the NFT market service has the potential to greatly increase market liquidity.

With $9.2 million netted as revenue, OpenSea, the world’s largest NFT marketplace led dYdX, PancakeSwap, and Ethereum Name Service with the highest monthly growth in September. This, according to data from cryptocurrency research platform Cryptorank.  Interestingly, the $9.2 million accrued in revenue by OpenSea in September represented a 23.2% decline in the platform’s revenue in August.Continue reading “Can OpenSea drown if PFP NFTs continue to not captivate investors”

The Non-fungible market in 2021 saw unprecedented hype and traction within the crypto community. But 2022, brought in a different touch. NFTs saw explosive growth in 2021, but this growth hasn’t been consistent and has leveled at least in the first five months of 2022. Here’s a month-end report card of the NFT market toContinue reading “NFTs invoke Muse as report card for May 2022 reveals…”

Mozart and Salieri, iOS and Android, OpenSea and LooksRare – rivalries exist wherever you look. However, most crypto-watchers and NFT lovers have concluded that the high volume of wash trading on the LooksRare NFT marketplace means it can’t match up to OpenSea. On the other hand, LooksRare’s LOOKS token has been seeing some intriguing activityContinue reading “Looks like LOOKS is flying out of exchanges; Here’s why”

LooksRare catapulted to fame as the rival NFT marketplace treading on OpenSea’s toes. While critics have taken aim at it for the volume of wash trading it allows, LooksRare has something that OpenSea users have been wanting for a very long time: a native token. Looks like a catch You might be tempted to ignoreContinue reading “Adding LOOKS to your portfolio? Here’s why you should think twice”

As March 2022 marches out, it’s time to take a look at a report card for two NFT marketplace power players: OpenSea and LooksRare. The month has seen its ups and downs across the crypto industry, but coins and assets react differently to the same factors. Now, it’s time to assess which marketplace is theContinue reading “OpenSea vs LooksRare: a disappointing report card for March 2022”

LooksRare and OpenSea’s rivalry is a well-known one. In fact, once upon a time, analysts were pointing out what actually helped tilt the scales in LookRare’s balance. The introduction of the LOOKS token, they said. However, a little more than a month after the launch of the NFT marketplace, LOOKS isn’t looking too healthy. AContinue reading “If you’re worried about FUD driving LooksRare’s trajectory, watch out for…”

At the start of the year, NFT traders watched with a range of emotions as OpenSea’s monthly volumes for January 2022 quickly overtook those of December 2021 – even before the month had ended. Now, with February drawing to an end, what do the stats tell us? Not lift-off time yet? Well, it’s still notContinue reading “Despite low gas fees, why is OpenSea’s trading volume bothering NFT holders”

Based on its successful 2021 performance, OpenSea was probably expecting 2022 to be a year of smooth sailing and swelling profits. However, the NFT marketplace LooksRare swept into the scene like a tidal wave, raising questions about its economy and its place in the NFT industry. To that end, Coinbase took a deep dive intoContinue reading “Coinbase report looks beyond wash trading to reveal the truth about OpenSea’s competitor”

While OpenSea was enjoying its rule over the NFT sector during the latter half of 2021, LooksRare rolled in to steal the crown with its sky-rocketing daily volumes. However, the metrics firmly confirmed a rumor that has been swirling through the crypto community. XOXO, Gossip Girl A report by Arcane Research acknowledged LooksRare’s stunning entry intoContinue reading “Research report confirms reason as to how LooksRare has been ‘beating’ OpenSea”

Which is better in the NFT space? To be a fresh, trending project in its hype-filled starting days, or a powerful name with a devoted community? Some on-chain insights from IntoTheBlock attempted to answer the question and unpack the truth behind the first mover advantage when it comes to NFTs. New, and with a greatContinue reading “Do on-chain insights show if it’s better to be a new NFT project or a traditional success”

The non-fungible token (NFT) sector is going ballistic, and everybody wants a piece of the pie. While far away from its heyday in August last year, when it was carrying out trade of over $1.7 billion each day, the NFT industry is nevertheless booming at the moment. It crossed $500 million in daily sales earlierContinue reading “Bybit joins the NFT marketplace party amid market’s renewed boom”