LooksRare Adds Conditional Listing to Its NFT Marketplace

LooksRare added a conditional listing feature today to its NFT marketplace. Sellers can now list two NFTs for sale and instantly cancel the second sale when the first NFT sells.

"A conditional listing is a kind of custom order type, with a condition," LooksRare posted in its documentation. "In this case, the condition is 'One-Cancels-the-Other (OCO)': if one listing is executed (the item is sold), the other listing is canceled."

This new feature will help sellers who want to sell one of two items but do not want to sell both items. It will also help save sellers gas fees when canceling transactions because the new single transaction lists both NFTs and cancels the remaining NFT.

For more information about this new feature, including the most frequently asked questions, see LooksRare's blog post here.

Author Bio

Jason Bales

Jason is an NFT lead at Lucky Trader. He has been involved in the NFT space since CryptoKitties in late 2017 and got involved in NBA Top Shot in early 2021 (Series 1 Legendary From The Top LeBron James Block, anyone?). Now, he spends most of his days yelling, "get off my lawn" at the PEPE and Nakamigos kids.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.