LooksRare NFT Marketplace Staking Looks Token For 450%+ APR in ETH!
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LooksRare Website:
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Hey guys, in today’s video we are going to talk about the LooksRare NFT Marketplace platform.
Just like OpenSea, LooksRare is a marketplace for non-fungible tokens (NFTs) but unlike OpenSea, it touts the idea of being community-first. I will give you my opinion about it and I will tell you how I make crazy rewards on a passive income.
We will talk about what I think of the Marketplace and the Looks token. LOOKS is the native token of the LooksRare ecosystem. These tokens can be earned through staking, providing liquidity, or simply trading NFTs on LooksRare.
We will discuss 3 ways to earn on Looks: Staking; Trading; Providing Liquidity. We will compare OpenSea and LooksRare. They operate in a similar manner with one difference. They are NFT marketplaces that earn a cut when an item is bought or sold. However, LooksRare passes some of this back to the NFT holders through its token LOOKS which can be staked for a 500%+ APY.
We will talk about what I think of rewards and we will try comparing it to the stock market.
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Timestamps:
00:00 Intro
01:31 What Is LooksRare
02:16 Dividend Stocks Explained
04:11 Looks Token
07:41 My Strategy
12:12 Ways To Earn On Looks
14:04 Outro And Summary
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⚠️⚠️⚠️ #LooksRare #NFT #Looks #Token #Marketplace #Staking #Tutorial #Guide #DEFI ⚠️⚠️⚠️
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I do not provide personal investment advice and I am not a qualified licensed investment advisor.
I am just sharing my knowledge and my findings.
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Music By Yoad Ronen:
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Until next time,
Johnny Time
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hello. just watched your video. i am new to staking and had a very important question. i am watching this video, only 5 days after you posted, today apr is 226% and looks token is at 1.34$. from my basic calculation, if i had purchased exactly one month ago(looks price was $4.02) at whatever high % returns was, i end up making a big loss because looks value is at $1.34. can you please explain what should an investor be doing?
Man, kid you keep grinding like this with great content with the consistency you bring your going to blowUP!! Everyday I wake up To a JohnnyTime notice of new videos.