The NFT market LooksRare posted on X platform stating that they are "doing something big", with a picture including Bitcoin elements, potentially implying that their platform will support NFTs on the Bitcoin blockchain.

According to official sources, LooksRare, a NFT market, announced that as one of the core contributors to the upcoming game project Yolo on the second-layer network Blast, a portion of the total supply of YOLO tokens will be allocated to LOOKS stakers. The specific quantity and other detailed information will be released in the future.

2 hours ago, the LooksRare team received 15 million LOOKS and 8.86 WETH from the contract to their team's multi-signature wallet. In addition, just 5 minutes ago, 22.5 million LOOKS were sent from the contract to the treasury wallet.

LooksRare, a Non-Fungible Token (NFT) marketplace, has announced the end of its 24-month token emissions cycle and is transitioning to a new contract with a new emissions pool. The platform's growth, resilience, and adaptation in the NFT space over the past two years have led to this evolution towards a new operational framework. Users who have LOOKS earning WETH or in the Compounder can migrate their LOOKS to the new contract to continue earning rewards, with migration opening on November 27th, 2024. This move demonstrates LooksRare's commitment to upgrading and improving its services to remain relevant and competitive in the NFT market.