LuxFi

LuxFi

LXF
$0.00482053

Key Metrics

Price$0.00482053
Real Volume (24H)$0
Marketcap$67,975.07
Fully Diluted Valuation$181,070
ATH$0.53257
ATH Date11/10/2021, 1:26:24 AM
ATL$0.00155357
ATL Date12/24/2022, 5:55:39 PM
Circulating Supply11M
Total Supply100M
WebsiteN/A
WhitepaperN/A
Popularity Rank3825
Chart
What is LuxFi?

LuxFi is revolutionizing the world of luxury assets by introducing the concept of asset-backed non-fungible tokens (NFTs). The platform offers a marketplace where everyone can create NFTs that are backed by real-world luxury assets for buying, selling, and investing in luxury assets using cryptocurrencies and traditional payments. The asset-backed NFTs include luxury watches, branded handbags, limited edition sneakers, high-end jewelry, collectible items, art pieces, gold, and diamonds.

LuxFi's NFT Marketplace Highlights

LuxFi's NFT marketplace focuses on luxury assets that hold value well and have high resale value. It offers the ease of using cryptocurrencies to buy, sell, and invest in NFT-backed luxury assets. The platform also provides tiered memberships to access NFT private auction sales and priority sale privilege. Furthermore, it offers global price trends and histories of each asset, helping investors make informed decisions.

LuxFi's NFT Marketplace vs Traditional Ecommerce and Other NFT Marketplaces

LuxFi's NFT marketplace bridges the gap between real-world luxury assets and NFTs. The platform uses NFTs as authentication certificates of the physical assets and employs product fingerprint technology or embeds NFC chips in the product to tie the physical asset with its NFT. It also has a decentralized verifiers network in different countries for asset authentication and provides local custody services to its investors for storage and asset verification.

Meet the Founder of LuxFi: Aidaa Wong

Aidaa Wong is the founder and CEO of LuxFi. She is a dedicated business entrepreneur in the luxury and cutting-edge technology fields, with a strong sense of style and a passion as a fashion designer. Aidaa has worked alongside leading figures in the fashion industry for over a decade. Before founding LuxFi, Aidaa worked as a designer for the Max Mara Fashion Group in Italy, where she showcased her great talent and provided deep knowledge of insights and trends in the luxury industry.

$LXF: The Native Utility Token of The LuxFi Platform

$LXF is the anchor of all the services and ecosystem around luxury assets and NFTs. The token provides a range of benefits to users, including:

  • Authentication: Use $LXF to authenticate the real-world asset.
  • Asset Tokenization: Use $LXF to convert physical assets to NFTs and list them on the marketplace.
  • Redemption: Use $LXF to redeem physical assets.
  • Verification: Use $LXF to verify if the physical item is the original and authenticated asset of the NFT.
  • Transaction Fee: Use $LXF to transfer the ownership of the NFT-backed assets.
  • Custodian Services: Use $LXF to store the assets in local custody.
  • Referral Rewards: Earn $LXF by referring friends and users to the LuxFi network.
  • Providing Data: Earn $LXF for providing asset data to enhance the data intelligence system.
  • Staking: Stake $LXF to join tiered memberships, earn yield, and win luxury asset-backed NFT mystery boxes.

In conclusion, LuxFi is the perfect platform for investors who want to combine the luxury market with the latest cutting-edge technology. LuxFi's asset-backed NFTs offer an opportunity to invest in luxury assets while leveraging the transparency and security of blockchain technology. The use of $LXF further enhances the platform's features and provides users with a wide range of benefits. As the platform continues to grow, we can expect LuxFi to introduce new and exciting features for its users.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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