Nft

LooksRare NFT Market-Staking Tutorial- How to buy the LOOKS token, which is paying over 300% APR!!!



LooksRare explained, with Staking Tutorial, paying over 300% APR!!!
How to buy and stake the LOOKS token, using uniswap and LooksRare
Can LooksRare overtake OpenSea and Magic Eden to become the Amazon of the NFT market?
How is it possible that LooksRare is paying over 300% interest?

LooksRare, a new NFT market, has exploded-with some estimating a worth of up to 7 billion dollars
Since launching in January of this year, LooksRare has recorded an enormous Non-Fungible Token trading volume that some think has the potential to rival market leader OpenSea

LOOKSRARE has its own cryptocurrency token spelled LOOKS, which is given as a reward.
NFT buyers, sellers AND creators can earn LOOKS tokens
100% of the transaction fees GO to the investors who stake the LOOKS token
This is in contrast to market leader OpenSea, who offer no reward system
Investors can invest in LooksRare by trading for the LOOKS token
Opensea has no token or no stocks, so there is no way to invest in Opensea.
The management team at Opensea keeps the 2.5% trading fees as profit.
The token itself is already ranked in the top 100, with a market cap of over $1 billion
Looksrare charges a lower 2% trading fees, and all fees go to investors who are staking the LOOKS token, right now paying over 400% interest

How do you buy the LOOKS token, so you can get 400% interest, today?

Go to the LOOKSRARE website, and connect your wallet at the upper right corner
Buy some LOOKS token
Uniswap is the easiest way to buy the LOOKS token
Other exchanges such as FTX sell it as well but not to US residents
Go now to the uniswap crypto exchange website
In the upper right corner, launch the app
Type LOOKS-the LOOKS token is not in uniswap, and has to be imported in
Swap any of your other cryptos into LOOKS
Last I checked, 1 ETHE will buy you over 500 LOOKS tokens

The LOOKS token opened at $2, quickly rose to 7 dollars, then dropped back down to the $4-5 range, but it’s paying that great percentage

Now, could the Looksrare numbers be hyperinflated by the founders and investors who are gaming game the system to score some LOOKs token? Absolutely
Dappradar shows the dollar volume is already higher than Opensea, which could be because people are selling and buying NFTs to themselves. More realistic is the 12,000 traders that have bought or sold NFTs on LooksRare over the last seven days, which is at about 5% of OpenSeas number, which isn’t bad for only being in business for a month- but can they keep up the growth?
The Looks token itself is already ranked top 100 crypto and worth a market cap of 1 billion dollars, so investors also believe in its potential to rival Opensea

I purchased $5000 of the LOOKS token using Uniswap, and gas fees cost about $60, But I made the $60 back in one day after staking the LOOKS token at 400%+
This is Dr Kidwell 2 minute crypto

#NFT markets #LooksRare #OpenSea

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3 Comments

  1. Keep up to date on the exciting NFT craze. Which NFT market will dominate? Buying the LOOKS token isn't that difficult, although its not available on most exchanges

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