LooksRare vs. X2Y2: Incentivized NFT Marketplaces

Published on: October 28th, 2022

A real, diverse, fiercely competitive marketplace has yet to materialize for NFTs, with promising up-and-comers LooksRare and X2Y2 wanting to have a go at the reigning heavyweight champ, OpenSea. Let’s see what happens. Delphi’s analysts examine these new competitors, who swung from their heels first by issuing governance tokens in order to attract sticky users. But will this be enough to hit escape velocity, particularly amid wash-trading concerns and choppy macros seas? Read on for their full evaluation and add your thoughts when done in the Pro Crypto Discord.


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