Is LooksRare safe to use?

LooksRare implements security measures. Always do your own research before using any financial service.

NFT Platforms Seed

LooksRare

Q: What are the main features of LooksRare?

0.5% protocol fee on NFT sales, Earn LOOKS rewards for trading, Stake LOOKS for WETH rewards, Support for ERC-721/1155 NFTs, Collection and trait offers

Q: What are the pros of using LooksRare?

Lowest fee NFT marketplace, Strong security audits, Rewards for active users, Creator-friendly royalties

Q: What are the cons of LooksRare?

Anonymous founding team, Lower liquidity than OpenSea, Ethereum-only NFTs, Limited customer support

Community-first NFT marketplace rewarding traders and creators

Available in 1 countries Last verified: May 2026

Visit LooksRare ↗

Visit LooksRare

Founded

2022

Users

100,000+ traders

Total Funding

$2M (token sale)

Employees

11-20

🏢 Company Overview

Headquarters

Global (anonymous team)

CEO

Anonymous team

Founder

Zodd and Guts (pseudonyms)

Funding Stage

Seed

Total Funding

$2M (token sale)

Users

100,000+ traders

Pricing

Freemium

Rating

★ 4.0

None

ℹ️ About LooksRare

LooksRare is a decentralized NFT marketplace built on Ethereum that prioritizes community participation through rewards and governance. Launched in January 2022 by anonymous founders, it offers a 0.

5% protocol fee, enforced creator royalties, and LOOKS token incentives for active users. The platform supports ERC-721 and ERC-1155 NFTs with advanced features like collection offers and trait bidding.

Security audits from Trail of Bits and PeckShield ensure robust protection, while staking mechanisms allow LOOKS holders to earn WETH rewards, creating a sustainable ecosystem for NFT enthusiasts.