The luxury market operates in its own arena quite far away from the advertising shams and mass appeal themes. And so are the affluent elites to whom these markets cater to. Luxury Yachts, premium resorts, five or seven star restaurants and a plethora of other exuberant services and products form a part of the industry. With the surge in blockchain based companies a huge portion of the wealth is right now in the form of cryptocurrency. The rich and affluent are looking up to cryptocurrencies as a lucrative investment. Also, through mining, investment in ICO and trading in cryptocurrencies have added to their pre-existing wealth. These crypto-elites, the new breed of wealthy class suffer a lot at the hands of discrepancies, frauds and limitations that the current crypto system and market is swept with right now. A limited number of luxury services and dealers accept cryptocurrencies as payment. As such the conversion into fiat is the only way out. These conversions are flout with middlemen dictating terms and often thieving their clients. The high volatility, conversion fees are also an issue. To avail a service one needs to take the help of several applications and give in private sensitive information that may be useful for the application or dealer but harrowing for a client. The need is for an all-in-one platform that suffices all the needs at one place without any hassles overcoming the above barriers.

One such effort with an existing clientele of ten thousand and an all-pervasive approach is Alluxe platform. It opts for universal payments in any convenient currency, brings all available offers in a single premium service, fulfills the customer's desire ** to remain incognito** and provides for smart personalized mailing. As such the platform aims to solve all the prevailing problems in the blockchain industry and support and develop the luxury goods market within the Blockchain.

The main objective of the company is to create a convenient platform capable of uniting a large number of partners with a wide variety of luxury goods , and potential customers interested in purchasing/renting such goods.

Salient Features:

• Open and transparent application filing process
• Data confidentiality
• Universal payment
• Fraud protection
• Loyalty program
• Availability of various filters to ease up choices
• Built-in online chat
• Application forms and feedback forms for customers
• Two standardizations available for access to the platform: ** standard membership and VIP membership**

Categories offered for purchase/rent

• Yachts
• Private Helicopters
• Sports and premium cars
• Luxury real estate
• Private jets
• Luxury watches
• Jewelry
• Works of art
• Hotel booking

Advantages of the platform:

A simple and intuitive user interface to ensure convenient interaction. It uses blockchain and smart contract technologies to guarantee the transparency and immutability of transactions. There are no financial borders and bank fees on the platform. A resolute confidentiality of the credentials and personal details of a member are ensured. One can buy, rent and sell goods from anywhere and to anywhere in the world. It offers a wide range of products and services at the competitive rates of the markets or partners. A complete verification and ranking of partners is done to ensure the authenticity of transactions. The transactions are fast, secure, convenient, simple and private. The product integrates encryption, intellectual contracts, and specially developed payment gateways. Protection against fraud with an unbiased resolution of disputes. High level of service with additional bonuses and rewards.

** LXC token and its ICO details:**

The LXC token will be an ERC20 utility token based on ethereum. The prior aim of the token will be the development of the Alluxe platform and its complete commissioning to create its applications, operating expenses etc. it will act as an alternative currency payment on the platform along with fiat or any other cryptocurrency. The rate will be more profitable with additional bonuses and special status to those opting for it as a medium for payment.

A total of 220,000,000 LXC will be issued out of which 50% or 110,000,000 LXC will be up for sale in the ICO. Price per LXC will be 0.0004 ETH or 1ETH= 2,500 LXC. The hard cap is fixed at $16,500,000 or 27,500 ETH while the soft cap is fixed at 3,000 ETH or $ 1,800,000.

The private sale will end on 27 June 2018, presale from June 28 to July 26 and token sale will take place from August 1 to September 1, 2018.

Concluding Verdict:

Alluxe as a ubiquitous platform caters to the luxury segment and tries to avoid all the mishaps and bring about all the delights under one roof. It is a one-stop shop for all the luxury needs with limited transaction costs. The users can enjoy bonuses and rewards for referrals with all the utilities and universal ease of payments. The partners or the sellers can find a humongous clientele all at one place. For investors, the popularity of the token will decide its appreciation and hence trading benefits on a stock exchange. For this, the platform rewards those who opt for the LXC tokens. The early bird bonuses range from 40% in the private sale to 15% in the token sale. All in all, Alluxe is a welcome spot for one's luxury needs to suffice with ease.

For more details visit:

Website: https://alluxe.io/

Whitepaper: https://drive.google.com/file/d/1Nj1Afqdk_CLXL9PWmBhSZ0ZPE_uPGcB-/view

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Blog By: Lanirm Knayam

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