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LooksRare is an NFT Marketplace that was launched by an anonymous team in early 2022. The platform competes with OpenSea, the leader in this market segment. On the first day of launch, the total trading volume was higher than the one of its competitor. LooksRare has its own token called $LOOKS.

The interface is very light and easy to use. It’s similar to other NFT marketplaces, with a focus on accessibility.
Looks Rare has all the major NFT collections like the famous Bored Ape, but it’s not possible to select categories at this time, maybe in the future.
LooksRare is accessible to all creators or collectors, you can very simply buy or sell your NFTs. However, only the Ethereum network is currently available.
If you have a question or a problem, their Discord is linked to the « Contact » button, you will find answers there. In addition, complete documentation is available!
As the platform has just been launched, the community is growing fast. Actually, there are more than 160k followers on their Twitter.
LooksRare has a specific way of working with fees. It collects 2% for each transaction but all these fees are distributed to $LOOKS stakers.
Last Update

February 7, 2022

Founder(s)

Guts and Zodd (Pseudonym)

LooksRare Creation Date

January 10, 2022

Headquarters Address

N/A

Rating:

Ergonomics and ease of use

3/5

Categories and types of NFTs available

3/5

Simplicity of the procedures to participate

4/5

User support and help available

3/5

Strength and dynamism of the community

3/5

Cost of various fees (the higher the score is, the lower the fees are)

5/5

NFT Types:

0
NFT Categories
Art

Services:

NFT
Open to all creators
Staking
Airdrop
Documentation
User Profile
Blog

Compatible Blockchains:

Ethereum

Utility Token:

Benefits:
Staking

$LOOKS token stakers earn 100% of the trading fees on LooksRare.
All the WETH collected by the platform on NFT sales are distributed to LOOKS stakers.

Trading

You earn LOOKS every time you buy or sell an NFT on LooksRare. Rewards are calculated and distributed once daily.

Earn by Providing Liquidity

Provide liquidity to the LOOKS-ETH pair on Uniswap V2 to earn additional LOOKS rewards on top of Uniswap’s regular liquidity provider rewards.

Community rating:

0
Noté 0 sur 5
0 out of 5 stars (based on 0 reviews)
Excellent 0%
Very good 0%
Average 0%
Poor 0%
Terrible 0%

There are no reviews yet. Be the first to write one!

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