List top 25 NFTs and earn LOOKS rewards
Controversial NFT marketplace LooksRare has rolled out a new rewards campaign that entitles those listing their NFTs for sale to a financial reward paid in LOOKS tokens. The new listing rewards program will boost liquidity by rewarding users for listing NFTs for sale on the platform. 250,000 LOOKS per day will be distributed among everyone with eligible listings.
Summary
The announcement marks the biggest structural shakeup since launching in early 2022. FirstLook shook the NFT market with their newly launched platform to surpass the leading NFT marketplace OpenSea. However, they did this by employing some debatable tactics. At launch, LooksRare users gained LOOKS for simply trading NFTs, which led to some bad actors trading them amongst themselves for inflated fees to earn more rewards.
Nonetheless, digital collectible enthusiasts can earn LOOKS rewards by trading, staking, and now, by listing an NFT for sale on LooksRare….