LooksRare
Community-first NFT marketplace that rewards you for participating.
Overview
LooksRare is a community-focused NFT marketplace that actively rewards traders, collectors, and creators for using the platform. It launched as a direct competitor to OpenSea with a model that shares platform fees with stakers of its native LOOKS token. It offers standard marketplace features like buying and selling NFTs, with an added layer of token-based incentives.
✨ Key Features
- Community-first approach
- Trading rewards paid in LOOKS tokens
- Platform fees distributed to LOOKS stakers
- Collection-wide offers
- Trait-based offers
🎯 Key Differentiators
- All platform fees are redistributed to the community (LOOKS stakers)
- Trading rewards incentivize platform activity
- Strong community-driven identity
Unique Value: Offers a compelling value proposition for active traders by rewarding them with a share of the platform's success through token rewards and fee distribution.
🎯 Use Cases (3)
✅ Best For
- Alternative marketplace for Ethereum-based NFTs with a reward system
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Users who are not interested in tokenomics or staking
- Trading on blockchains other than Ethereum
🏆 Alternatives
Unlike OpenSea where fees go to the company, LooksRare's fees go back to the users. Compared to Blur, its reward mechanism is more focused on staking and direct fee sharing rather than just trading activity.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Dedicated Support (None tier)
💰 Pricing
Free tier: A standard 2% fee is charged on all NFT sales (except for private sales).
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