Token-Verifier
Token-Owner
Token-Buyer

LXR Is The LUXCHAIN Token Used For Payments, Rewards, Verification, And More

payments

Payments

Payments between verifiers, buyers, and sellers are made with LXR tokens.

rewards

Rewards

LXR rewards the community for tasks such as creating helpful reviews, achieving high verifier reputation, and completing bounties.

staking

Staking

Verifiers put down a stake (security deposit) for extra security. Digital Assets are backed by the staked LXR tokens if a dispute arises.

payments

Verification

Sellers pay verification fees directly to the verifier in LXR. The fee allows the verifier to create the product’s Digital Asset.

rewards

Data Exchange

LXR is used to buy, sell, or rent for data from the Data Exchange. LXR is also used to securely transfer ownership rights of data.

staking

Image Labeling

LUXCHAIN users earn LXR as a reward for labeling luxury product images. At the same time, users build luxury knowledge and level up to earn more LXR.

payments

Data Contribution

Users earn LXR for providing data that contributes to LUXCHAIN’s Business Intelligence. This creates insights that improves the LUXCHAIN economy.

rewards

Business Insights

Enterprise solutions access LUXCHAIN’s Business Intelligence using LXR for luxury insights and data.

LXR TOKEN ALLOCATION
payments
USE OF PROCEEDS
rewards