LooksRare is a community-focused NFT marketplace that actively rewards merchants and developers for participating. Its native token LOOKS is up 11% today.
If you want to know more details about LooksRare, whether it's worth investing in and the best places to buy it now, you've come to the right place.
What is LooksRare?
How does the marketplace reward merchants and creators? 100% of LooksRare platform trading fees are earned by LOOKS token stakers. This rewards model was developed as a 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, wagering LOOKS (which also earns WETH fees), and more.
LooksRare's trading experience is intuitive for experienced NFT traders while offering new and innovative features such as collection-wide offers, instant royalty payouts for creators, and flexible purchases with mixed tokens (WETH + ETH).
Behind the simple user experience lies an innovative, modular smart contract design and 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 multiple price predictions and take any investment tips with caution.
LooksRare Price Prediction
Coincodex lists a series of one-year price predictions for LOOKS, ranging from $4.95 to $8.51. According to Digital Coin Price, a LOOKS will trade for $6.21, $7.81, and $16 in 2023, 2025, and 2029, respectively.
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