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LUXO news
About LUXO
Luxo Ecosystem
LUXO is the token of the Luxochain ecosystem.
In order to guarantee the security of your luxury goods, we combine products with their own unique NFT, such as Digital Passport of Authenticity, registered on the Blockchain, secure, readable, and transferable by any smartphone.
Luxo allows you to safely create, receive, store and send Digital Certificates of Authenticity and Ownership of your Luxury goods.
Using our services, which can be purchased with the Luxo tokens, Brands can certify sustainability, traceability, and authenticity of their products, improving their reputation.
With Virgo Wallet, the App provided to the market from Luxochain, available for iOS and Android, any consumer, before a purchase, can verify the authenticity of each product, in store, on-line, or in second hand market, verifying with the smartphone the information written into the product’s NFT on to the blockchain, simply approaching to the product itself.
In the stores, on-line or in second-hand market, customers will be able to scan the code and ascertain the authenticity of the product and verify the official images, the most important information and details before purchasing, such as brand, model, size, history, and verify their origin and materials, consult the manufacturer's information, and see if there were any previous owners.
Application industries we are serving are Luxury &eamp; Fashion, Art, Public Institutions, Media &eamp; Press Agencies, Automotive, Valuable goods, details into our press-release.
Luxochain short summary
Luxochain is a Swiss company, based in Lugano, with world-class expertise on product certification.
Our mission is to deliver sustainability, reputation and authenticity into the Luxury market, tracing goods on the blockchain, from raw material up to the distribution chain, providing Certificates of Authenticity and Passports of goods, to protect Brands and Customers, guaranteeing purchases of authentic goods.
We combine products with their own unique NFTs, such as Digital Certificates of Authenticity, registered on the Blockchain, secure, readable, and transferable by any smartphone. The product’s NFT becomes its authenticity passport, with a guarantee of non-duplicability thanks to the underlying technology.
Luxochain offers a service to end consumers, protecting them in the purchase of their products. At the same time, Luxochain works alongside the luxury brand, providing them a transparency, loyalty, and couponing system towards their customers.
LUXO is the token on which Luxochain ecosystem is based. Luxochain allows you to safely create, receive, storage and send Digital Certificates of Authenticity and Ownership of your Luxury goods.
Using our services, which can be purchased with the Luxo tokens, Brands can certify sustainability, traceability, ad authenticity of their products, improving their reputation.
Application industries we are serving are Luxury & Fashion, Art, Public Institutions, Media & Press Agencies, Medical, Pharmaceutical, Food, Automotive, Valuable goods.
Luxochain combats the counterfeit of Luxury goods, guaranteeing the purchase of authentic products though the blockchain, ensure ownership of real products certified on the blockchain and guaranteed by luxury goods companies.
During this process, a shopper can see the details of a product, such as its general description, video of usage, e-commerce links, colors, materials, history, manufacturing details, and all previous property transfers.
With Virgo Wallet, the App provided to the market from Luxochain, available for iOS and Android, any buyer, before a purchase, can verify the authenticity of each product, in store, on-line, or in second hand market, verifying with the smartphone the information written into an NFT on to the blockchain, simply approaching to the product itself.
After purchase, the customer receives a link to make the claim of the NFT linked to the purchased product, as a certificate of digital property, that can become the passport of the product itself, and in case of theft or loss he will be able to block the asset, to facilitate the recovery of the object and return it to its rightful owner, fighting thefts and the counterfeiting market.
In the supply chain of the goods, all authentic products will be equipped with Tag NFC, that contain an encrypted serial number. The product ID is associated with an NFT token that is uniquely identifiable, which Luxochain will record on the blockchain. Once entered, the information cannot be changed externally.
In the store, customers will be able to scan the code and ascertain the authenticity of the product and verify the official images, the most important information and details before purchasing, such as brand, model, size, history, and verify their origin and materials, consult the manufacturer's information, and see if there were any previous owners. People can also access to their personal gallery of luxury goods, select their favorites, and show everyone their collections right from their phone.
Into the second-hand market, resellers can use the blockchain to transfer ownership rights from themselves to new owners with the same ease and speed with which a credit card transaction is made today.
Easy to use: “Click, Check, & Collect” your Digital Certificates of Authenticity using Virgo Wallet, powered by Luxochain.
What could be better for uniquely identify each of your luxury product?
Luxochain makes you secure of your luxury goods. Everyone wants to be sure of what they are buying.
The live LUXO price today is $0.039849 USD with a 24-hour trading volume of $30,997.79 USD. We update our LUXO to USD price in real-time. LUXO is up 0.36% in the last 24 hours. The current CoinMarketCap ranking is #4169, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 LUXO coins.
If you would like to know where to buy LUXO at the current rate, the top cryptocurrency exchange for trading in LUXO stock is currently Coinstore. You can find others listed on our crypto exchanges page.