The Loopring team announced on Twitter yesterday that it had distributed the first 1,000 Loophead Dynamic NFTs. The team intends to distribute another thousand but there is no set date for the release.
Loopring aims to build an open protocol for scalable, non-custodial, orderbook-based exchanges on Ethereum by leveraging zero-knowledge proofs. LRC, the native token of the Loopring blockchain, is down by more than 3% today and is trading at $1.07 at press time.