| Founded | 2022 |
|---|---|
| Closed | 2023 |
| Country | Singapore |
| Sector | Web3 |
| Total raised | $0 (token launch) |
| Collapse type | Slow Death |
| Founder | Zodd, Guts (pseudonymous) |
LooksRare
"The NFT marketplace that launched with $1B in week-one volume — 95% of which was wash trading by its own users"
Years-long decline before final shutdown
Key Events Timeline
LooksRare launched in January 2022 as an OpenSea competitor with an aggressive token reward scheme: users who traded NFTs on the platform earned LOOKS tokens proportional to trading volume.
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