Apparently we are in the middle of Airdrop Season, another day and another airdrop, this one, like #SOS, focused on users of the OpenSea's NFT platform users. Specifically those who had spent more than 3 ETH on Openseas.
A trend in recent airdrops is the "Dropping Project" attempting to figure out who their audience is and drop specifically to those who are "Hot Targets" to keep and hold the token. Additionally there are opportunities to stake the #LOOKS token as kind of a profit sharing means to own a share of the fees the site will generate in the sales of NFT Art. and this is a Model nearly everyone should understand.
So, let's take a look at looksrare.org in this case this is not an incentive drop, thanking users of a project, but rather a competitor trying to get the customers of OpenSeas a reason to log in to their new and competitive site, also a platform for selling and listing NFTs.
So, Let's take a look at the drop details.
https://www.yahoo.com/lifestyle/looksrare-airdrops-token-entices-nft-220213000.html Full Article Here.
Tokenomics
If you think you qualify you can go to Looksrare.org, attach your metamask wallet and find out, but you will need to list an NFT for sale on Looksrare to claim.
More Information and Documents Here. https://docs.looksrare.org/about/welcome-to-looksrare
I noticed this morning CoinEx.com has already listed the token and I expect it will be available on many exchanges and dexs very quickly.
So, how is the token doing? It's currently trading at $3.52 making the smallest airdrop worth about $450.00 USD.
I'm holding mine and watching closely, as this might be worth purchasing and I love a staked token that is based on profit sharing instead of inflation as it gives incentives to hold and doesn't liquidate holders.
Airdrop Season Just Keeps Giving!