A major problem in the market is mistrust and misunderstanding in the crypto world. This is especially so in the luxury segment. This mistrust is mainly driven by the high risk that is associated with the conversion of crypto into fiat. This is because an intermediary is required for the withdrawal of crypto into fiat. In most cases, little is known about the intermediary.
What Is Alluxe?
Alluxe is a luxury platform that is powered by the blockchain. It has the aim of offering convenient and transparent interactions in the luxury market. To achieve its goal, the platform will utilize the digital coins and other modern technology.
This is a solution for the crypto elite, a class of wealthy people that demand comfort, high-quality services, and confidentiality. Alluxe will help you plan trips, rent premium cars, yachts, real estate, and make expensive purchases globally.
A major feature of Alluxe is the blockchain, which will help to make the platform transparent and safe for all participants. It will also enable the reduction of transaction costs, business costs, and simplify the purchasing process. The smart contract will contribute to the automation of bureaucratic procedures. On the other hand, decentralization will change the logic of transactions and set a new standard to benefit all users.
Alluxe LXC Token & ICO Details
LuxeCoin is a token to be used on the Alluxe platform. They are designed to simplify the standard approach for renting and purchasing luxury properties. Besides that, they will increase the security of transactions. The tokens can be used to pay for goods and services along with other major crypto coins.
Parameters Of The ICO
- Symbol: LXC
- Whitelist: March 21- June 7
- Pre-sale: June 12 – July 26
- Price: 1 ETH = 2500 LXC
- Public sale: August 1 – September 1
- Accepting: BTC, LTC, DASH, ETH, Fiat
- Soft Cap: 1.8 million USD
- Hard Cap: 16.5 million USD
- Total Tokens: 220,000,000
The aim of this token sale is to develop the Alluxe Company and commission it soon. The funds from the token sale will be used to scale up the platform, develop various services and applications, and cope with the operating expenses of globalizing the platform in various target areas.
The LXC token is based on Ethereum and complies with the ERC20 Standard. This ensures that LXC can be used by third parties and ensures ease of integration. Besides that, this means that the token can be used even outside the Alluxe ecosystem.
This bounty program will be used to popularize the product being developed. To achieve this, they will utilize the LXC tokens. Active users of the service will be asked to purchase LXC tokens for the various things that will help to promote the token and disseminate information.
Alluxe has set themselves an ambitious plan for developing and growing this platform. They also want to grow the number of users and partners. To ensure that they have a stable business, they have laid a solid technological foundation. This will ensure that it performs optimally at all times and that it is scalable.