Looksrare profile
Looksrare Profile (LOOKS)
Score: 3.41 | Poor
Highly Speculative Small Cap
Project Safety Score

Fri, Jan 21, 2022 9:12 PM

Score 3.41
Rating Poor
Market Cap $1144600746.2638
24hr Volume $331538156.64279
Price $5.7230037313191
Review

Looksrare

token

Ethereum

"LooksRare is the community-first NFT marketplace that actively rewards collectors and creators for participating. 🖼👌 By NFT people, for NFT people. This is who we are. Part of being community-first means that LooksRare rewards, empowers, and gives back to the platform's users and creators. 💎 Get rewarded - Users that buy or sell NFTs from eligible collections earn LOOKS tokens. 🤝 Share the platform fees - 100% of trading fees are earned by LOOKS stakers. ⚡️ Creators get paid instantly - Creators get royalty payments at the moment of sale. 🍴 Not a fork 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. This means we can offer new types of interactions, like these (rolling out soon): - Collection offer - Make an offer that covers all NFTs in a selected collection - Trait offer - Offer to buy any NFT with a specific trait in a collection e.g. BAYC w/ Gold Fur - Multi-cancelation - Cancels multiple open orders in one transaction 🦖 Not a dinosaur From utilizing some of the world’s most powerful search infra, down to implementing on-chain standards like EIP-712 and EIP-2981, LooksRare’s technical architecture (contracts, database, API, front end, search) has been designed from the floor up for scalability, speed and security using the latest and greatest tech. We’ve also made sure to retain compatibility for deploying on ETH scaling solutions when they're ready for the masses."

Read more in the whitepaper:

Looksrare Smart contracts and audits.

Below are the available smart contract addresses and any associated contract audits.

ETH: 0xf4d2888d29d722226fafa5d9b24f9164c092421e

Looksrare Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Looksrare Safety Report

Looksrare has a safety score of 3.41

Looksrare is a small cap token.

Looksrare is suited to a highly speculative investment style.


Looksrare Profile

This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating.

Missing Data:
  • project whitepaper
  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges

Looksrare Red Flags

There are currently no Looksrare red flags.


Looksrare Development Score

The Looksrare project has 0 active source code repositories.

There have been no commit to any of this accounts repos

  • 0 Watchers
  • 0 Stars
  • 0 Mentionable Users
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:
  • daily repo updates
  • no stars
  • no watchers
  • no mentionable users
  • no repo stars

Looksrare Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • A collection of articles to be just about confident of the sentiment
  • The overall sentiment is very positive

Looksrare Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Looksrare?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Looksrare has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.

Highlights:
  • extremely high hashtag tweets
  • no reddit articles
  • no gitHub account watchers

Looksrare Awareness Score

The awareness score indicates how well Looksrare is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Looksrare is but a good measure of longevity is how well the project is known by the general public.

Overall Looksrare this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • good number of headlines about Looksrare
  • low search result total
  • very low number of news articles mentioning Looksrare
  • very poor number of Looksrare YouTube videos

Looksrare Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Brand new project age (released Jan 10, 2022)

Looksrare Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • very good USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Looksrare Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Looksrare Exchanges
Looksrare Explorers
LOOKS
Member Ratings (LOOKS)

--/5

0 reviews
Ratings and reviews left by our members do not impact the profile score.
No reviews
Be the first to leave a review

No one is talking about Looksrare, be the first to start the conversation.

Do you think Looksrare is a scam project which will disappear in a rug pull in the next few months or do you think Looksrare is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

62.50%

Complete
Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

  • project whitepaper
  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges
Member Signals

--/5

(no reviews)
Member Ratings
Market Cap Rank:
2831
Voted:
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Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Looksrare Github
Looksrare News
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