Blurring Lines
www.decentralised.co
Hello!
January of 2022 was an interesting time. LooksRare launched with token rewards for NFT traders. Rewards on the platform were a multiple of the fees it used to charge at the time. So, users were incentivised to spend $2 in fees to receive $4 in tokens. As the token price rapidly declined, the interest in trading on the platform evaporated alongside…
Keep reading with a 7-day free trial
Subscribe to
Decentralised.co
to keep reading this post and get 7 days of free access to the full post archives.