MoonPay is pleased to announce our partnership with NFT marketplace LooksRare.
As part of a multiyear deal, LooksRare will allow users to buy and sell cryptocurrencies such as LOOKS, ETH, and wETH exclusively through MoonPay.
Future plans for the partnership also include the integration of NFT Checkout, MoonPay’s industry-first solution that enables anyone to buy NFTs with a credit card. NFT Checkout will be available for all primary and secondary sales on LooksRare.
LooksRare is a decentralized and community-first NFT marketplace on the Ethereum mainnet. The platform quickly rose to prominence in January 2022 by generating over $1 billion in sales volume within a week of launching.
It was able to achieve this early success partly by airdropping its native token LOOKS to any OpenSea user who had spent more than 3 ETH in the second half of 2021, and also by offering appealing incentives to users.
LooksRare is unique among other secondary marketplaces in that traders are rewarded with LOOKS and all the fees generated on the platform go towards staking rewards.
With the upcoming NFT Checkout integration, LooksRare users will be able to easily purchase an NFT using a debit or credit card, sidestepping the need to first acquire cryptocurrency. This simplifies the purchasing process and opens up the marketplace to a wider customer base.
Where to buy LOOKS
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