LooksRare Releases Portfolio Analytics

LooksRare Releases Portfolio Analytics
In this post

LooksRare's portfolio analytics are live, providing comprehensive insights into your NFT collections.

The Deets
• Realized and unrealized profits
• Portfolio breakdown by collection
• Performance tracking over time
• Accessible through the Analytics tab

The Bulk

For most NFT collectors, tracking profits, portfolio diversification, and overall performance has been tedious, often requiring cumbersome spreadsheets. LooksRare's Portfolio Analytics feature is now available in the "analytics" tab, making it easier than ever to monitor your NFT portfolio.

With Portfolio Analytics, users can keep track of both realized and unrealized profits. This new feature provides a comprehensive overview of earnings from sold NFTs (realized profits) and potential earnings based on the market value of held NFTs (unrealized profits).

Furthermore, users can get a detailed portfolio breakdown by collection. This feature simplifies tracking which collections contribute the most to the portfolio's overall value, assisting in informed decision-making for future investments.

Lastly, Portfolio Analytics allows users to assess their performance over time. By visualizing growth trends, collectors can better understand their investment strategies' effectiveness, facilitating smarter, data-driven decisions for future acquisitions.

❗️Why It Matters

While Blur and OpenSea have been the most active participants in the NFT marketplace wars, the portfolio analytics feature marks the third notable announcement from LooksRare in the last week, proving to web3 users that its committed to competing and building. 

📊 By the Numbers

Though down considerably from its all-time high, $LOOKS is up more than 10 percent in the last week to $0.09. 

ğŸŽ¬ Take Action
Ready to ditch the spreadsheets and elevate your NFT portfolio management? Explore the analytics capabilities with Dingaling's account.

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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.