LooksRare is a community-focused NFT marketplace that actively rewards traders and creators for participating. Its native token LOOKS has gained 11% today.
If you want to know more details about LooksRare, if it’s worth investing in, and the top places to buy it now, you’ve come to the right place.
Top places to buy LooksRare now
As LOOKS is such a new asset, it's yet to be listed on major exchanges. You can still purchase LOOKS using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy LOOKS right now, follow these steps:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We suggest eToro because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You'll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the 1Inch DEX
Head to 1Inch, and 'connect' your wallet to it.
4. You can now swap your ETH for LOOKS
Now that you're connected, you'll be able to swap for 100s of coins including LOOKS.
What is LooksRare?
How does the marketplace reward traders and creators? 100% of LooksRare's platform trading fees are earned by LOOKS token stakers. This rewards model was created in direct response to the previous generation of NFT marketplaces whose fees mostly reward a single entity.
Users earn LOOKS tokens by trading NFTs on LooksRare, staking LOOKS (which also earns WETH fees), and more.
LooksRare's trading experience is intuitive for experienced NFT traders, while also providing new and innovative features like collection-wide offers, instant royalty payouts for creators, and flexible purchases using mixed tokens (WETH +ETH).
Behind the simple user experience lies an innovative, modular smart contract design and a full-stack built from the ground up for scalability, security, and speed.
Should I buy LooksRare today?
LooksRare can be a lucrative investment, but it’s important to read at least several price predictions and take all investment advice with a grain of salt.
LooksRare price prediction
Coincodex lists a number of one-year price predictions for LOOKS, ranging from $4.95 to $8.51. According to Digital Coin Price, one LOOKS will trade for $6.21, $7.81 and $16 in 2023, 2025 and 2029 respectively.
LooksRare on social media
Günaydınlar #looksrare de fibolar hala iyi çalışıyor. Fibodan ret yiyip extradan bir fibo kaybediyoruz bunun üstüne.#FTX borsasındaki vadeli LOOKS-PERP kontrolü ele almış gözüküyor 6.3milyonluk açık pozisyon ve 62milyon$ hacimle ilk sırada.$looks a vadeli geldi mertlik bozuldu! pic.twitter.com/20ut1z0T7D
— mehmetalsancak (@alsancakmne) January 26, 2022
