LooksRare Review: What to Check Before Using It
LooksRare is an Ethereum NFT marketplace associated with the LOOKS token. The basics are identifiable, but fees, wallet requirements and current reward terms are not clear enough to recommend signing up without further checks.
By the SkyBitcoins review team · Updated
At a glance
LooksRare key facts
| Type | Ethereum NFT marketplace |
|---|---|
| Token | LOOKS |
| Rewards | Described as rewarding marketplace participation |
| Audits | 2 listed; scope and findings are unclear |
| Chains | Ethereum |
| Value locked | $0 |
| Updated |
LooksRare FAQs
What is LooksRare?
LooksRare is an NFT marketplace on Ethereum where users can buy and sell NFTs. Its marketplace description also associates participation with rewards, but current reward availability and terms are not confirmed.
Does LooksRare still offer LOOKS rewards?
LOOKS is the token associated with the marketplace. A historical description says buyers and sellers could earn LOOKS rewards, but you should not assume that program is currently active or that rewards are guaranteed.
What does it cost to use LooksRare, and how do I connect?
LooksRare's fees and the wallet requirements for using the marketplace are not confirmed. Check the current transaction and approval prompts carefully before signing anything, and avoid approving access you do not need.
Compare
LooksRare alternatives
Getgems suits TON users who want to trade or mint NFTs, but check fees and listings carefully before approving wallet transactions.
Objkt suits Tezos NFT creators and collectors, but check sale fees, royalties and wallet prompts before you sign.
Sudoswap V2 offers on-chain NFT pools and creator features, but check transaction costs, pool terms and contract coverage before trading.
OpenSea is an NFT marketplace for buying, selling and offers; check the chain, fees and wallet prompt before approving a transaction.
MintGarden offers Chia NFT browsing and minting tools, but fees are unpublished and the platform is not a regulated financial service.
NeftyBlocks offers NFT trading and collection tools across WAX, Telos and XPR Network, but fees and security details need checking.
Same category
More General NFT Marketplaces
Sudoswap V1 enables Ethereum NFT trades through automated pools, but check the changing pool quote, gas and any displayed fees before signing.
Rarible brings NFT trading, RARI governance and RARI Chain together, but check fees and staking terms before committing funds.
XRP Cafe combines XRPL NFT trading, minting and token swaps, but fees and security details need checking before you connect.
NFTX makes NFT collection tokens for vault-backed trading, but check liquidity, redemption rules and costs before depositing.
SentX offers NFT trading and creator tools on Hedera, but check transaction costs and security details before connecting a wallet.
Minted combines Ethereum and Cronos NFT trading with MTD rewards and creator tools, but fees and key security details need checking.
Same chain
More on Ethereum
Lido turns staked ETH into liquid stETH, but variable rewards, a 10% reward fee and withdrawal and contract risks need checking.
Bitvavo offers euro funding, 400+ crypto assets and Pro Mode, but check withdrawal terms and the separate risks of staking and leverage.
Aave offers open crypto lending and borrowing, but variable rates, gas costs and liquidation risk make it best for informed DeFi users.
Aave V3 offers non-custodial lending and collateralised borrowing, but rates vary and deposits remain exposed to DeFi and liquidation risks.
GetBlock suits teams needing multi-chain RPC and data services, but check usage billing, coverage and SLA terms before relying on it in production.
Uniswap offers wallet-based swaps and liquidity pools across 15+ networks, but pool fees, gas and self-custody risks still matter.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.