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LooksRare is the community-first NFT marketplace that actively rewards traders, collectors, and creators for participating. Part of being community-first means that LooksRare rewards, empowers, and gives back to the platform's users and creators:<ul><li>Get rewarded - Users that buy or sell NFTs from eligible collections earn LOOKS tokens</li><li>Share the platform fees - 100% of trading fees are earned by LOOKS stakers</li><li>Creators get paid instantly - Creators get royalty payments at the moment of sale.</li></ul>LooksRare’s smart contracts are custom-built within a modular system that enables new features to be rolled out over time – without compromising security – thanks to standardized signatures that clearly define the execution scope:<ul><li>Collection offer - Make an offer that covers all NFTs in a selected collection</li><li>Trait offer - Offer to buy any NFT with a specific trait in a collection e.g. BAYC w/ Gold Fur</li><li>Multi-cancellation - Cancels multiple open orders in one transaction.</li></ul>LooksRare's model was designed in direct response to the previous generation of NFT marketplaces, with the goal of fostering the NFT community by rewarding user participation.

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LooksRare

LooksRare is the community-first NFT marketplace with rewards for participating

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Name	Total	Unlocked	Locked
Staking Rewards	18.9%	18.9%	-
Team & Shareholders	22.5%	5.50%	15.5%
Treasury	18%	5.50%	15.5%
Community Airdrop	12.8%	5.50%	15.5%

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