NFT Marketplace Looksrare Launches Version 2, Cutting Protocol Fees by 75% and Introducing Bulk Purchases
Looksrare, the non-fungible token (NFT) marketplace, has launched version two, also known as v2, which reduces protocol fees by 75%. According to statistics from Dune Analytics, Looksrare was the tenth-largest NFT marketplace in terms of trader count during the past week. NFT marketplace Looksrare announced the launch of version two (v2) on April 6, 2023. One of the significant changes is the reduction of Looksrare’s fees by 75% with v2. According to stats from Dune Analytics, Blur and Opensea traders dominate the market in terms of traders and market share in volume this week. Looksrare is the tenth-largest NFT marketplace in terms of traders and volume this week, according to metrics from Dune Analytics and Dappradar. Looksrare claims that users can save “~50% on gas fees compared to other marketplaces like Blur, and ~30% on gas fees compared to Looksrare version one.” In addition, Looksrare v2 will use ethereum (ETH) instead of wrapped ethereum (WETH). With Looksrare v2, users can make bulk purchases by adding “70+ NFTs to your cart.”
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