Look at these Crazy fees to buy NFTs on LooksRare.org

in hive-185836 •  3 years ago 

I thought I’d go take a look at some of the new NFTs trading on LooksRare.org

LooksRare : https://looksrare.org/

I went to take a look.

LooksRare is the new big competition for OpenSea ????

Supposedly the Fees are much lower to buy or mint NFTs there.

Many of the NFTs start at .1 Ethereum….

So $400 starting price…

Some are a lot more … like this Doodle for $5,000,000

422452A3-88A3-44B2-97F6-8690D7C3E889.jpeg

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To test It out I sent $20 of ETH to my Metamask wallet on LooksRare.

There was a $10 fee for that.

Ouch !

Next I needed to convert my Eth to Weth (wrapped Ethereum) there was a $34 Fee for that.

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Hmmm… lots and lots and lots of fees.

I thought maybe I will just buy some of the new LOOKs token and stake to earn 800% APR …

The Cost to do that ? Only $236 ???

Forgettaboutit.

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I’ll just share my Artwork here on Steemit, Dtube and Blurt.blog

I guess I’m not ready for NFTs yet.

Maybe next year.

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I didnt know NFTs could cost that much... 5 mil, thats insanity.

Yeah. I hope I can sell a few of mine for 5 Million.