LooksRare V2 goes live, agreement fees to be cut by 75%

NFT marketplace LooksRare has officially announced the launch of version V2, which aims to further reduce platform agreement fees and Gas fees in order to compete with Blur and OpenSea Pro. According to the information disclosed by LooksRare, the agreement fee of LooksRare V2 will be significantly cut by 75% (from 2% to 0.5%), the Gas fee will be reduced by 50%, and sellers will receive ETH directly instead of WETH previously. kinds of NFT, and the transaction will support reusable signatures.