LUXCHAIN

Digital Assets Of The Luxury Economy

LUXCHAIN solves the problems of counterfeits, pricing, and sales channels for the personal luxury industry (such as handbags). We relieve the frustration that many face in a counterfeit-heavy luxury market.

With our Decentralized Verification Solutions built on AI and blockchain, LUXCHAIN authenticates personal luxury products to create Digital Assets - a portfolio containing product verification records and history.

With Digital Assets, buyers can shop authentic luxury products with confidence. At the same time, sellers can market their products to buyers with greater transparency. Digital Assets can also be used in a variety of ways - such as being listed on ecommerce sites, used by secondhand retailers, and even data exchanges.

With our Global Luxury Index powered by AI, LUXCHAIN provides benchmarked pricing and sales channel intelligence. Know when, where and how to find the best deals or sell for highest profit.

PROBLEM

In the past 20 years, over $4 trillion USD worth of personal luxury goods has been sold across the globe. However, luxury owners and buyers continue to face 3 key problems in the global secondary market for personal luxury goods such as handbags.

COUNTERFEITS

How do you know if a luxury second-hand product is real or not? As a seller, how do you prove that your product is authentic? Many buyers are unable to tell whether the goods they are purchasing are authentic.

UNKNOWN VALUE

How much is the luxury good you own worth? If you were to sell your product, would you know what the best selling price is? For most people, the answer is no. As a buyer, would you know the best deal? Buyers cannot benchmark against the standard to understand the right price.

NONOPTIMAL CHANNELS

Would you know the best sales channels for highest conversion rate? Most sellers are not aware of the optimal sales channels, resulting in less profit. Many buyers do not know where, when and how to get the best deal.

SOLUTION

LUXCHAIN is the Decentralized Verification Solution for personal luxury goods. We verify products to create Digital Assets, provide benchmarked pricing, and information on optimals sales channels.

VERIFIED PRODUCTS

We are solving the counterfeit crisis with Digital Assets - a portfolio containing verified product information and history, authenticated by luxury experts.

GLOBAL LUXURY INDEX

Our Global Luxury Index powered by AI benchmarks the best price, market trends and market demands for your luxury goods.

BUSINESS INTELLIGENCE

The Global Luxury Index also informs sellers and buyers of the optimal sales channels to find the best deals or make the highest profits.

PROBLEM & SOLUTION

Luxury owners and buyers face 3 key problems in the global secondary market for personal luxury goods. We solve these problems with Digital Assets and the Global Luxury Index.

Counterfeits

How do you know if a luxury second-hand product is real or not? As a seller, how do you prove that your product is authentic? Many buyers are unable to tell whether the goods they are purchasing are authentic.

VERIFIED PRODUCTS

We are solving the counterfeit crisis with Digital Assets - a portfolio containing verified product information and history, authenticated by luxury experts.

Unknown Value

How much is the luxury good you own worth? If you were to sell your product, would you know what the best selling price is? For most people, the answer is no. As a buyer, would you know the best deal? Buyers cannot benchmark against the standard to understand the right price.

GLOBAL LUXURY INDEX

Our Global Luxury Index powered by AI benchmarks the best price, market trends and market demands for your luxury goods.

NONOPTIMAL CHANNELS

Would you know the best sales channels for highest conversion rate? Most sellers are not aware of the optimal sales channels, resulting in less profit. Many buyers do not know where, when and how to get the best deal.

BUSINESS INTELLIGENCE

The Global Luxury Index also informs sellers and buyers of the optimal sales channels to find the best deals or make the highest profits.

How It Works

7.

Buyers can shop in confidence by viewing verified product information and history for a greater level of transparency.

1.

The product owner uploads product information, photos, videos, and documentation (if available).

6.

The Digital Asset can be used by online and offline retailers. It can be viewed online or by scanning the DAC. Digital Assets have a variety of use cases such as being used for data exchanges and for a peer-to-peer luxury marketplace.

2.

The verifier obtains the product. Authentication kits can be shipped to the product owner if the product cannot be brought to a verifier or obtained in person.

5.

A Digital Asset Card (DAC) is created and associated to the physical product and the corresponding Digital Asset. The DAC contains a unique QR identifier scanned by potential buyers to view Digital Asset information.

3.

Verifiers carefully analyze the uploaded data. If the verifiers obtains the product, the verifier will examine the product. Otherwise the product owner uses the authentication kit. The verifier then examines the results of the authentication kit.

4.

The verifier authenticates the product and creates a verified Digital Asset.

HOW IT WORKS

1.

The product owner uploads product information, photos, videos, and documentation (if available). Verification fees are paid by the product owner to the verifier (authentication expert).

2.

The verifier obtains the product. Authentication kits can be shipped to the product owner if the product cannot be brought to a verifier or obtained in person.

3.

Verifiers carefully analyze the product information. If the verifier obtains the product, the verifier will examine the product. Otherwise the product owner uses the authentication kit. The verifier then examines the uploaded results of the authentication kit.

4.

The verifier authenticates the product and creates a verified Digital Asset on the blockchain.

5.

A Digital Asset Card (DAC) is created and associated to the physical product and the corresponding Digital Asset. The DAC contains a unique, copy-proof QR identifier that can be scanned by potential buyers to view Digital Asset information.

6.

The Digital Asset can be used by online and offline retailers. They can be viewed online or by scanning the DAC. Digital Assets have a variety of use cases such as being used for data exchanges and for peer-to-peer luxury marketplaces.

7.

Buyers can shop in confidence by viewing verified product information and history. Shop for luxury goods with a greater level of transparency and trust.

22

Countries

136

Cities

673

Vendors

451,466

Products

680

Brands

80,057

New Bags

360,527

Pre-own Bags

10,366

New Watches

516

Pre-own Watches

$486M

USD Value

INVESTORS

NEWS

ROADMAP

2018 Q1

  • Global Luxury Index (GLI)
    • 600+ Vendors
    • 22 Countries
    • 680 Brands
    • 450K+ Products
    • 136 Cities

2018 Q3

  • Digital Asset PoC Category Managed As Luxury Handbag
  • Digital Asset Card (QR code) PoC
  • Business Intelligence v2.0 (includes GLI)

2019 Q1

  • PoC With Secondhand Retail Shop For Luxury Handbags
  • Offline Verification PoC
  • QR Code Integration
  • Mobile Application v1.0
  • 1M Product SKU
  • Onboard Experienced Verifiers

2019 Q3

  • Business Intelligence (GLI)
  • Image Labeling Beta
  • Offline Verification PoC
  • Expand Offline & Online Retailers In Asia

2020

  • 100,000 Users
  • Product Portfolio Diversification
  • Europe And US Exploration

2018 Q2

  • Non-technical whitepaper
  • Explore Use Cases For Digital Asset
  • Explore Global Luxury Index & Digital Asset Use Case
  • Explore Secure QR Code Technology For Digital Asset Card (DAC)
  • Global Luxury Index Integration Into Business Intelligence

2018 Q4

  • ScanTrust QR Code Partnership
  • Pilot Digital Asset PoC
  • Fingerprint Technology Integration
  • Digital ID PoC
  • v2.0 Non-technical Whitepaper
  • Business Intelligence v2.1 (includes GLI)
  • Onboard Secondhand Retailer For Luxury Handbags

2019 Q2

  • Business Intelligence v2.2 (GLI)
  • Onboard Online Marketplace
  • Image Labeling PoC
  • Data Contribution Reward System Model
  • Hong Kong As First Market For Offline Verification Pilot

2019 Q4

  • Mobile Application v2.0
  • Data Exchange PoC
  • Online Verification PoC
  • Continue Expanding Online Retailers In Asia

2021 & Beyond

  • Luxury Marketplace
  • 500,000 Users
  • Product Portfolio Diversification

Roadmap

  • 2018 Q1

    • Global Luxury Index (GLI)
    • 600+ Vendors
    • 22 Countries
    • 680 Brands
    • 450K+ Products
    • 136 Cities
  • 2018 Q2

    • Non-technical Whitepaper
    • Explore Use Cases For Digital Asset
    • Explore Global Luxury Index And Digital Asset Use Case
    • Explore Secure QR Code Technology For Digital Asset Card (DAC)
    • Global Luxury Index Integration Into Business Intelligence
  • 2018 Q3

    • Digital Asset PoC Category Managed As Luxury Handbag
    • Digital Asset Card (QR code) PoC
    • Business Intelligence v2.0 (includes GLI)
  • 2018 Q4

    • ScanTrust QR Code Partnership
    • Pilot DAC (QR code)
    • Pilot Digital Asset PoC
    • Fingerprint Technology Integration
    • Digital ID PoC
    • v2.0 Non-technical Whitepaper
    • Business Intelligence v2.1 (includes GLI)
    • Onboard Secondhand Retailer For Luxury Handbags
  • 2019 Q1

    • PoC With Secondhand Retail Shop For Luxury Handbags
    • Offline Verification PoC
    • QR code Integration
    • Mobile Application v1.0
    • 1M Product SKU
    • Onboard Experienced Verifiers
  • 2019 Q2

    • Business Intelligence v2.2 (GLI)
    • Onboard Online Marketplace
    • Image Labeling PoC
    • Data Contribution Reward System Model
    • Hong Kong As First Market For Offline Verification Pilot
  • 2019 Q3

    • Business Intelligence (GLI)
    • Image Labeling Beta
    • Offline Verification PoC
    • Expand Offline And Online Retailers In Asia
  • 2019 Q4

    • Mobile Application v2.0
    • Data Exchange PoC
    • Online Verification PoC
    • Continue Expanding online retailers in Asia
  • 2020

    • 100,000 Users
    • Product Portfolio Diversification
    • Europe And US Exploration
  • 2021 & Beyond

    • Luxury Marketplace
    • 500,000 Users
    • Product Portfolio Diversification