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.
