Company Information

Get to know LooksRare

Launched in January 2022, LooksRare was positioned as a community-first alternative to the dominant NFT marketplace, OpenSea. Its core mission is to empower and reward the NFT community through its native token, LOOKS. Users earn LOOKS tokens by trading NFTs on the platform, and token holders can stake their LOOKS to earn a share of the platform's trading fees. The project was founded by two pseudonymous co-founders, "Guts" and "Zodd," and emphasizes a decentralized governance model and a commitment to transparency and user benefits.

Industry

Crypto ExchangePRIMARY
Crypto Cryptocurrency

Contact

Social

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LooksRare

N/A

Founded in

10 Jan 2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.