borolman @borolman

Budding web 3 researcher. Keepin it real. Berlin Joined November 2020

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borolman @borolman

5 years ago

@dingalingts Why did you all cash out 60M+ already? x.com/borolman/statu…

The truth about LooksRare. Henlo frens - for my first thread about web3, I wanted to take a look at $LOOKS token and fee distribution. A 🧵👇 cc for visibility: @LooksRareNFT @dingalingts @pranksy @Zeneca_33 @fintechfrank @DefiantNews @RyanSAdams @TheBlock__ @Delphi_Digital

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borolman @borolman

5 years ago

cc: @NFTethics

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borolman @borolman

5 years ago

8) Team wallet 3: etherscan.io/address/0xb5ea…. This is a multi-sig currently holding ~5M $LOOKS. Purpose of this wallet is unclear.

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borolman @borolman

5 years ago

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borolman @borolman

5 years ago

x.com/borolman/statu… Team and investors already cashed out 60M USD worth of WETH.. All fees going to token holders is only part of the story. 30% of the token holders are team & investors.

Coinbase 🛡️ @coinbase

5 years ago

Vampires on the Open Sea?!🧛🌊 In this week's ATB podcast and blog, we dig into @LooksRareNFT's recent "vampire attack" on the competition and how there's more to the numbers than one might think. Full discussion here 👉 blog.coinbase.com/vampire-attack…

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borolman @borolman

5 years ago

@cavkie @LooksRareNFT @dingalingts @pranksy @Zeneca_33 @fintechfrank @DefiantNews @RyanSAdams @TheBlock__ @Delphi_Digital not sure what happened but added them again at the bottom

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borolman @borolman

5 years ago

8) Team wallet 3: etherscan.io/address/0xb5ea…. This is a multi-sig currently holding ~5M $LOOKS. Purpose of this wallet is unclear.

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borolman @borolman

5 years ago

15) So did investors - etherscan.io/address/0x9571…

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borolman @borolman

5 years ago

7) Team wallet/contract 2: etherscan.io/tokentxns?a=0x…. Each day around 250-500 WETH and ~500,000 $LOOKS are being deposited into this contract. The team is then withdrawing the WETH once every week. This wallet also holds ~100M USD worth of $LOOKS.

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borolman @borolman

5 years ago

6) Team wallet/contract 1: etherscan.io/tokentxns?a=0x…. Each day around 350-600 WETH and ~600,000 $LOOKS are being deposited into this contract. The team is then withdrawing the WETH once every week. This wallet/contract also holds ~140M USD worth of $LOOKS.

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borolman @borolman

5 years ago

@Darrenlautf @banteg is that a he or she? they are non-binary

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borolman @borolman

5 years ago

@Nonsense_Factor The CEXs account for less than 1%. I will admit idk how leverage is relevant here. How are the numbers off?

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borolman @borolman

5 years ago

@Nonsense_Factor info.uniswap.org/#/pools/0x4b5a… has ~3.35k ETH (10M USD) info.uniswap.org/#/pools/0x6231… has ~1k ETH (3M USD) how am I off? are there other pools? re: FUD vs Analysis, maybe; I mixed data with my own opinion.