LooksRare announced that it will launch the Moonshot project and will regularly repurchase LOOKS

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The NFT market LooksRare issued a document stating that the Moonshot project will be launched within 4 to 6 weeks, which will generate fees for the LooksRare protocol, and will use a large part of the fees to regularly repurchase LOOKS tokens from the market. Currently, LooksRare has repurchased more than 550,000 LOOKS (more than $45,000) from the previous 5 Raffles, and the repurchased tokens will be deposited into the LooksRare treasury.

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