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What are looks tokens?

LOOKS tokens, the platform’s currency, are offering incentives for users who trade non-fungible tokens (NFTs) on Opensea. However, it was said to be an attempt to attract Opensea’s users. Also, LooksRare allows payment in ETH, WETH, or the combination of the two.

What is looksrare ($looks)?

LooksRare is a community-first Non Fungible Token (NFT) marketplace built on Ethereum that actively rewards traders, collectors and creators for participating. The platform charges a 2% sales fee (in WETH) on all NFT sales, excluding private sales.

What is looksrare's native currency?

LooksRare’s native currency is the LOOKS Token. This ERC- 20 token (available on the Ethereum blockchain) increases the trading rewards that an individual gets from buying and selling NFTs on the platform. LooksRare is allocating 120m (around $400m) of its token to its community.

What is an access token?

An Access token is a Bearer token that you will have to add in all request headers to be authenticated as a concrete user. An Access token is an encrypted string with all User properties, Claims and Roles that you wish. (You can check that the size of a token increases if you add more roles or claims).

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