LooksRare

NFTs

LooksRare is the community-first NFT marketplace with rewards for participating.

Invest
How you make money
Value
Minimum Investment
0
Fees
2%
Target Return
Varied
Open to
All Investors
Liquidity
Moderate

How you make money

Buy and/or sell NFTs on LooksRare marketplace. LooksRare also offers crypto rewards for trading on their platform. You can also stake your $LOOKS coin. 100% of the trading fees are earned by those who stake the $LOOKS coin. Creators will get royalties at the moment of sale.

How they make money

LooksRare takes a 2% fee on all NFT sales excluding private sales. Although, all WETH (wrapped ethereum) that is consolidated at the end of each recurring 6,500 ETH (ethereum) block period (roughly 24 hours) and then distributed to $LOOKS stakers in a linear format per block over the next 6,500 block period.

Investment Risks

LooksRare's marketplace volume was $5B in just 10 days after their launch. The $LOOKS coin has been up to $7 at one point in time. Staking APR can be impacted based on the volatility of volume and price.