Investment platform LooksRare: detailed information
Looks Rare – is a platform for investing in NFT assets, designed to reward active participants, including traders, collectors, and creators.
Platform advantages
- Rewards users for transactions on the platform;
- Possibility to receive LOOKS tokens as a prize;
- Distribution of 100% of protocol fees as rewards;
- Payouts totaling over $1.3 billion to collectors and traders;
- Multi-language official website for customer convenience.
Investment opportunities
On the Looks Rare platform, users have the opportunity to earn up to 39.37% APY through LOOKS. Additionally, staking LOOKS provides a share of trading fees and can yield returns of over 1,000%. The marketplace offers a wide selection of NFT units from authors worldwide, as well as the ability to create and sell your own assets.
Registration and account management
To register on the “Looks Rare” platform, you need to connect a crypto wallet, such as Metamask or WalletConnect, and fill out your profile in the personal account. Account funding and withdrawals are done through Metamask and WalletConnect wallets.
Conclusion
LooksRare offers broad investment opportunities for collectors and traders, but there is a lack of information regarding the company’s legal status and its creators. Considering potential risks, it is recommended to carefully review the platform’s terms of use before participating.
Aaron
Having experienced Looks Rare’s services, I am left extremely underwhelmed and disappointed. Their terrible communication practices put a dent in my trading plans as my queries and issues went unaddressed for considerable periods of time. The interface of the website was also quite convoluted, making navigation difficult for a regular user. Added to this was the shock of hidden fees that surfaced only during transactions, making it feel like a deceitful practice. I would not recommend Looks Rare to anyone who wishes for seamless and transparent trading services.