Total amount: 1B

Allocation:

• Airdrop 12%

• Strategic Investment 3.3%

• Liquidity Management 1.7%

• Trading Reward 44.1%

• Staking Reward 18.9%

• Team 10%

• Treasury 10%

Unlocking period: two-year linear unlocking

100% #LooksRare's trading fees are distributed LOOKS stakers. Staking users can also receive a total of 18.9% of $LOOKS Staking rewards.

For the first 30 days, 2,866,500 $LOOKS per day will be distributed to buyers and sellers according to the transaction volume.

Trading cost : 2% transaction fee + 5%~10% copyright fee(set by NFT creators) + Gas Fee.

If choose to trade with NFTs of no copyright, our average cost is 2%.

Based on yesterday's trading volume of $325B, our trade on LookSware is profitable.

#Opensea's latest round of financing is valued at $13B. According to the burning data of Ethereum, LooksRare is 1/5 of Opensea.

So a reasonable estimate of LooksRare is $2.6B FDV.

According to transaction volume, the transaction volume of #LooksRare on January 10 was still 1/5 of that of Opensea, but with the introduction of trade mining incentives, the transaction volume of #LooksRare on January 11 was more than twice of #opensea.

It can be seen from the transaction volume ranking that #LooksRare and #opensea don't overlap, so there are many wash traders. This phenomenon is more pronounced in the first 30 days, so #LooksRare is valued at less than $2.6B.

• #LooksRare's valuation below $2.6B.

• 2 year release cycle is fast.

• The team is anonymous and GitHub has no content, so the transparency is low.

• If the daily trading volume in the first 30 days is less than $427M, using 2 accounts to trade with each other is profitable.