Featured NFTs
Collect, trade, and own a piece of the Loobyverse – each NFT
is a hand-drawn creation by legendary artist Stephen Bliss.
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Everything You Need to Know About NFTs
Everytime a Looby NFT is sold on a secondary market, an 8% royalty is applied to the sale.
• 4% will go to the project
• 4% will go to the NFT Reward Pool
At the end of each month, the Reward Pool is used to buy $LOOBY tokens directly from the market. These tokens are then distributed fully to the NFT holders based on the rarity of the NFT’s that they are holding. In order to be eligible for the rewards, you will have to hold atleast 100 000 $LOOBY tokens in the same wallet as your NFT’s.
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How the Reward Pool works
Each NFT tier earns a portion of the monthly Reward Pool. The rarer your NFT is, the bigger your cut of the Reward Pool. Here’s exactly how much each NFT gets:
🟠 Acid Legendary = 5 NFT’s in total = 5% of the Reward Pool per NFT
🟡 Legendary = 15 NFT’s in total = 2% of the Reward Pool per NFT
🟣 Classic = 44 NFT’s in total = 0.68% of the Reward Pool per NFT
🟢 Regular = 92 NFT’s in total = 0.16% of the Reward Pool per NFT
