Luxreum ico review & rating

Luxreum ICO Review

Luxreum is a global hybrid luxury marketplace powered by blockchain technology, facilitating luxury/premium purchases with cryptocurrencies.
Pre ICO
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Review & Analysis ❯ Website⇱ Whitepaper ❯
**Luxreum has been reviewed by professional ICO analysts to be a quality project. Less than 10% of ICOs that apply pass our strict quality guidelines to get listed.**

What is Luxreum about?

 

Luxreum aims to create the world’s first FinCEN, E-Money, KYC, AML & CTF compliant global marketplace for luxury and premium-segment products and services with cryptocurrency affluents and regular luxury customers as it’s target group. It will develop an online global marketplace for consumer goods, home/business services, vehicles, luxury and premium fashion, aviation services, marine sales and service, financial products and concierge services.

 

The marketplace will utilize blockchain along with other existing technologies to create a secure, advanced, and user-friendly platform. Luxreum will offer its patent-pending escrow system (powered by smart contracts) and universal cryptocurrency exchanger through digital APIs. Its global marketplace will accept all the major cryptocurrencies including Bitcoin, Ethereum, Ripple, Litecoin, and even fiat currencies in the future.

Luxreum ICO Review and Analysis

Review and analysis of Luxreum by ICO analysts:


Strenghts

  • Experienced executives with great industry experience
  • Astonishing list of established partnerships, for example Deloitte,Salesforce and IBM

Potential concerns

  • Small social media communities at the time of review

Luxreum ICO Rating: A

Luxreum rating breakdown by ICO analysts - Learn more about the rating and grading here


Rating category#Comments
Team legitimity3.85
LinkedIn Profiles4Mostly professionally crafted profiles
Background of Lead Team Members4Experienced executives with great industry experience
Team Assembly and Commitment3.5
Team Skill Set Relevance4
Team Skill Set Balance (biz / tech / blockchain)4.25Well-balanced with multiple blockchain developers onboard
First Impression4Quite nice visuals and overall impression
Potential of tokenization model2.9
Blockchain Development3
Disruptive Blockchain Advantage3
Need for a Custom Token (vs. BTC or ETH)3
System Decentralization (besides token)3
Contribution to Blockchain Ecosystem2.5
Hard Cap3.530M USD
Token allocation + Fund allocation2Both presented as pie charts, use of proceeds seem balanced but token allocation has only 15% of total tokens allocated for crowdsale
Professionalism of the available material4
Comprehensiveness3.5
Readability4.25
Transparency4
Business Plan Presentation4
Technology Presentation4.25
Realism of the roadmap compared to the team size and budget3.5
Concreteness3.5
Feasiblity3
Vision3It is hard to say if affluent crypto people really need a new way of buying luxury things or if they are satisfied by converting some of their assets into fiat before buying a luxury boat or house for example
Dependencies (other services or capabilities required)3
Current Position2.5
Partnership network5Astonishing list of established partnerships, for example Deloitte,Salesforce and IBM
Background of the managing organization
Size of social media communities2.5Small social media communities at the time of review
Reviews on other ICO sites and media3.75Many reviews found by googling
Is it easy to find the relevant information from the provided materials?4Easy

What is the value proposition of Luxreum?

Luxreum Global addresses some of the primary challenges facing the premium and luxury industry with the use of blockchain technology. It aims to create a global online marketplace that utilizes the security, immutability, and the frontline tools offered by the blockchain technology. It allows Luxreum to curtail challenges like counterfeiting, processing delays, and forex conversion fee involved in premium and luxury purchases. Creating an online marketplace using the latest technologies makes Luxreum a relevant shopping destination for the tech-savvy, millennial, and global cryptocurrency customers.

 

Additionally, Luxreum will accept cryptocurrencies as the primary
payment option on its marketplace, limiting the overhead charges customers pay for banking transactions. In the current financial landscape, cryptocurrencies are often considered as instruments to make quick gains, ignoring their potential as a disruptive financial tool. Luxreum will capitalize on the lower transaction charges, near real- time processing capacity, and security offered by cryptocurrencies in its marketplace.

The Luxreum token

  • Total supply: 2,000,000,000 LXR
  • Tokens available for public during ICO: 300,000,000 markets and the
  • End ICO token price: 0.10 USD

The LXR token will become a rarity and in demand. No whitelist, private sale is open.

 

 

Luxreum Roadmap

Luxreum team members and advisors

Luxreum ICO Kenn White
Kenn White
Executive
Luxreum ICO Frank Clinton
Frank Clinton
Executive
Luxreum ICO Sean Marsh
Sean Marsh
Executive
Luxreum ICO Dr. David Meszaros
Dr. David Meszaros
Chief Legal Officer
Luxreum ICO Dustin Marsh
Dustin Marsh
Business Development
Luxreum ICO Prakash Pandey
Prakash Pandey
Business Strategist
Luxreum ICO Lucy Peng
Lucy Peng
Global Marketing Consultant
Luxreum ICO Adam Yared
Adam Yared
Managing Director
Luxreum ICO Dillon Marcus
Dillon Marcus
Blockchain Software Engineer
Luxreum ICO Jay Austin
Jay Austin
Blockchain Developer
Luxreum ICO Vishal Savaliya
Vishal Savaliya
Blockchain Developer
Luxreum ICO Erika Faye
Erika Faye
Senior Web Developer
Luxreum ICO Kate Limashevskaya
Kate Limashevskaya
UX designer/ UI engineer
Luxreum ICO Christy Usi
Christy Usi
CMTP
Luxreum ICO Rowe Cosentino
Rowe Cosentino
Luxury Brand Specialist
Luxreum ICO Keith Chan
Keith Chan
Strategic Advisor
Luxreum ICO Gary Knight
Gary Knight
Advisor
Luxreum ICO Antonio Rossi
Antonio Rossi
Advisor
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