Spawned vs LooksRare: A Creator's Guide to Launch Platforms
Spawned and LooksRare serve different purposes in the crypto creator economy. Spawned is a Solana token launchpad with an integrated AI website builder, designed for creators launching new tokens and communities. LooksRare is a community-focused NFT marketplace with a token rewards system for traders and collectors.
- •Spawned (Solana token launchpad): 0.30% creator revenue per trade, 0.30% holder rewards, includes AI website builder, 0.1 SOL launch fee.
- •LooksRare (NFT marketplace): NFT trading platform with LOOKS token rewards, trading fee rewards, and collection offers.
- •Core Difference: Spawned launches new tokens; LooksRare facilitates NFT trading. They solve different problems.
- •For creators building a token-based community from scratch, Spawned provides the full toolkit.
- •For artists or creators with existing NFTs seeking a trading marketplace, LooksRare is an option.
Quick Comparison
Direct Comparison: Launchpad vs Marketplace
These platforms are built for entirely different creator workflows.
Choosing between Spawned and LooksRare starts with understanding your primary goal. Are you launching a new token to fund a project or community? Or are you looking to list and trade existing NFTs? This table breaks down their fundamental purposes and models.
| Feature | Spawned | LooksRare |
|---|---|---|
| Primary Function | Solana token launchpad & AI website builder | NFT marketplace with token rewards |
| Blockchain | Solana (SPL Token-2022 standard) | Ethereum (ERC-721/1155) |
| Creator Focus | Launching new tokens & building project sites | Selling/Trading existing NFT collections |
| Revenue Model for Creators | 0.30% fee on every secondary trade + 1% fee post-graduation | 0.5% marketplace fee (goes to LOOKS stakers), creator royalties set by creator |
| Upfront Cost | 0.1 SOL (~$20) launch fee | Gas fees for listing & minting (variable) |
| Included Tool | AI-powered website builder (no monthly fee) | Collection offer tools, rarity rankings |
The verdict is straightforward: Use Spawned to launch a new token and community. Use LooksRare to trade existing NFTs. They are not direct competitors but different tools in a creator's toolkit.
Creator Revenue & Fees: Side-by-Side
How do you actually make money on each platform?
The financial model for creators differs significantly. Spawned is built for ongoing, sustainable revenue from a launched token. LooksRare's model is centered on a marketplace where creators earn royalties from secondary sales.
Spawned's Creator Revenue Streams:
- Secondary Trading Fees: 0.30% of every buy and sell order goes directly to the creator's wallet, in real-time.
- Post-Graduation Fees: After a token 'graduates' from the initial launch phase, a 1% fee on trades is directed to the project via the Token-2022 program, creating perpetual funding.
- Zero Platform Fee on Launch: The 0.1 SOL fee covers smart contract deployment and the AI website. Spawned does not take a percentage of the initial raise.
LooksRare's Creator Revenue:
- Creator Royalties: Set by the creator (typically 5-10%) on secondary sales. These are paid by the buyer on top of the sale price.
- Marketplace Fee: A 0.5% fee is charged on all trades. This fee does not go to the creator; it is distributed to users who stake the LOOKS token.
Key Difference: Spawned's 0.30% fee is an ongoing revenue stream from token activity, independent of royalty settings. LooksRare relies on creators enforcing their own royalty percentage, which can be circumvented by other marketplaces.
Holder Benefits & Community Building
Spawned rewards holding. LooksRare rewards trading.
Building a loyal holder base is critical. Both platforms offer incentives, but they target different behaviors.
Spawned's Holder Rewards: A unique 0.30% of every trade is automatically distributed to all existing token holders. This creates a direct financial incentive to hold the token, encouraging stability and long-term community alignment. Combined with the AI-generated website, creators can immediately host content, updates, and governance forums for their holders.
LooksRare's Trader Rewards: The platform rewards users who trade NFTs (buying and selling) with LOOKS tokens. It also rewards users who stake LOOKS tokens with a share of the 0.5% marketplace fees (paid in WETH). This system incentivizes marketplace liquidity and trading volume, not necessarily long-term holding of a specific creator's NFT.
For a creator, Spawned's model builds a community of stakeholders in your project's token. LooksRare's model builds a community of active traders on the LooksRare marketplace.
How to Launch a Token on Spawned: 4 Steps
The user journey is completely different.
If your goal is to launch a token, here is the concrete process on Spawned versus the action on LooksRare.
On Spawned:
- Connect Wallet: Connect your Solana wallet (e.g., Phantom) to Spawned.com.
- Define Token: Set your token's name, symbol, description, and supply. No coding required.
- Build Your Site: Use the integrated AI builder to create a project website in minutes. Add pages for roadmap, team, and community links.
- Launch: Pay the 0.1 SOL fee and deploy. Your token is live for trading, and your website is instantly accessible.
On LooksRare: You cannot launch a new token. The process involves:
- Mint NFTs Elsewhere: Create your NFT collection on another platform or via custom contract.
- List on LooksRare: Connect your Ethereum wallet, list your existing NFTs for sale, or make collection offers.
This highlights the fundamental difference: Spawned is a start-to-finish launch solution, while LooksRare is a secondary trading venue.
The AI Website Builder: Spawned's Unique Edge
Spawned bundles a critical marketing tool.
This is a feature with no equivalent on LooksRare and represents a significant value add for creators.
- Cost Savings: A basic website builder or hosting service typically costs $29-$99 per month. Spawned includes this for free, saving creators hundreds per year.
- Immediate Credibility: A professional website is live at launch, providing a hub for information, updates, and community links (Discord, Twitter). This is crucial for trust.
- Integrated Workflow: Your token's CA (Contract Address) and trading link are automatically integrated into the site. No need to manually update multiple platforms.
- Content Hub: Host your whitepaper, roadmap, and team information directly on a site you control, rather than relying solely on social media threads or PDFs.
For a creator on LooksRare, you would need to separately secure hosting, design a site, and manage its content—adding cost, time, and complexity.
- Included at no extra monthly cost
- Live instantly at token launch
- Centralizes project information
- Builds trust with potential holders
Decision Guide: Which Platform Is Right For You?
Match the tool to your primary objective.
Choose Spawned if:
- You are launching a new token or coin on Solana.
- You want to build a community around a token with direct holder rewards.
- You need a professional website quickly and without ongoing fees.
- Your project model benefits from perpetual, fee-based revenue (the 1% post-graduation).
- You value the speed and low transaction costs of the Solana network.
Consider LooksRare if:
- You have already minted an NFT collection on Ethereum.
- Your primary goal is to access a marketplace with active traders and a rewards token.
- You want to utilize features like collection-wide offers for buying or selling.
- Your community is already established on Ethereum.
They Can Be Complementary: A project could theoretically launch a utility token on Spawned to fund development and later release an NFT collection on Ethereum, which could then be traded on LooksRare. However, for the core act of token creation, Spawned is the dedicated tool.
Ready to Launch Your Token?
If you're a creator looking to start a token-based project on Solana, Spawned provides the complete package: token deployment, sustainable revenue models, holder incentives, and a professional web presence.
The 0.1 SOL launch fee is a low barrier to entry for a platform that includes tools that would otherwise cost significantly more. The 0.30% ongoing creator revenue and holder reward system align incentives between you and your community from day one.
Launch your token on Spawned today and build your project with the integrated tools you need to succeed. For a deeper look at how Solana launchpads compare, read our full launchpad comparison guide.
Related Topics
Frequently Asked Questions
No, Spawned is specifically for launching SPL tokens (fungible tokens) on the Solana blockchain. It is not an NFT minting platform. For NFTs, you would use a dedicated NFT minting tool or marketplace. LooksRare, in contrast, is a marketplace for trading NFTs that have already been minted elsewhere, typically on Ethereum.
No, LooksRare does not have a token or NFT launchpad feature. It is purely a secondary marketplace. You must create your NFT collection using smart contracts on Ethereum (or another supported chain) before you can list it for sale on LooksRare. Spawned's core function is as a launchpad for new Solana tokens.
Spawned has a predictable, low upfront cost of 0.1 SOL (approximately $20). This includes token deployment and the AI website builder. LooksRare has no upfront listing fee, but creators must pay Ethereum gas fees to mint their NFT collection (which can be high and variable) before they can list. When factoring in the cost of a separate website, Spawned often presents a lower total cost to launch a professional project.
On every trade (buy or sell) of a token launched on Spawned, two 0.30% fees are automatically taken. The first 0.30% is sent directly to the creator's wallet as continuous revenue. The second 0.30% is distributed proportionally to all current holders of the token as a reward, encouraging long-term holding. This is a unique feature not found on NFT marketplaces like LooksRare.
Yes, but for different assets. A project could use Spawned to launch its main utility or governance token on Solana, building its core community and funding. Later, the same project could create an NFT collection on Ethereum (for example, for artwork or membership passes) and choose to list those NFTs on LooksRare for secondary trading. They serve different functions within a broader ecosystem.
Graduation on Spawned refers to a token reaching certain liquidity or market cap milestones. Post-graduation, a 1% fee is activated on all trades via Solana's Token-2022 program. This 1% fee is a perpetual revenue stream directed to the project's treasury, providing ongoing funding. LooksRare has no equivalent 'graduation' process; it is a static marketplace.
It depends on your community's role. Spawned rewards people for holding your project's specific token (0.30% reward distribution). LooksRare rewards people for trading any NFTs on its platform and for staking its native LOOKS token. If you want to incentivize loyalty to your specific project, Spawned's model is more direct. If you want to incentivize general marketplace activity, LooksRare's model applies.
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