With the launch, LooksRare has decided to charge 2% fee on basic sales and no fee on private sale of NFT pieces. On the other hand, reports suggest that OpenSea charges 2.5% fees on each transaction.
The top choice of buyers on LooksRare is the NFT Meebits collection by LarvaLabs. The same creator has also created Cryptopunks and Autoglyphs.
Some have even raised suspicions that Meebits could potentially be wash-traded on LooksRare.
LuxRay Marketplace lists all NFT collections on the Ethereum blockchain. This means you can trade on all Ethereum NFTs that are available on OpenSea.
The new platform NFT is also rewarding all buyers and sellers with their native token LOOKS.
NFTs are digital collectibles, such as animated avatars, digital paintings, sports and sports clips, etc. The ownership of these virtual assets is locked on the blockchain network.<!–