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Whitepaper Theluxury
Whitepaper Theluxury
TE PAPER
TheLuxur
yWhi
tePaperv1.
3|05.
01.
2022
DI
SCLAI
MER
Alli nf ormat ionandmat er ialscont ainedi nt hi sdocumentar epr ovidedfori nfor mat ionalpur posesonl yandar esubj ectto
changeatanyt imewi thoutnot i
ce.TheLuxur yNet wor kLTD,( "TheLuxur y")mayaddi nf ormat i
ont o,r emoveoramend
anyi nf ormat ionand/ ormat erialcont ainedi nt hisdocumentatanyt imeandi ni t ssol edi scretion.Thi sdocumentandal l
infor mat ioncont ainedher ei ni snotdi rect edatori ntendedf orusebyanyper sonr esi dentorl ocat edi nanyj urisdiction
wher e( 1)t hedi stributionofsuchi nformat ioni scont r ar
yt ot hel awsofsuchj urisdict i
on;or( 2)suchdi stribut ioni s
prohi bi tedwi thoutobt ai ningt henecessar yl icensesoraut hor i
zat i
onsbyTheLuxur yandsuchl icensesoraut horizations
havenotbeenobt ained.Pr oduct sandser vi
cesdescr ibedher einmaynotbeel i
gi bl
ef orsal eoravai labl etor esident sof
cert aincount ri
esorcer tai ncat egor i
esofi nvest ors.Pl easeconsul ttheappl icabl et ermsandcondi t
ionssuchassal es
rest rictionsorkeyspeci ficnot esf orf urt heri nformat iononcet hefinaldocument smaybeavai lable.Noi nf ormat ionor
mat er ial scont ainedher einshoul dbeconst r uedasasol icitation,of ferorr ecommendat ion,t obuyorsel lanysecur iti
es,
invest mentorot herfinanci ali nstrument s,t oaf fectanyt ransact i
onsort oconcl udeanyl egalactofanyki ndwhat soever.
Nor epr esent ationorwar rant y,ei therexpr essori mpl ied,ispr ovidedi nrelationt ot heaccur acy,compl etenessor
reliabi lityoft hei nformat ionand/ ort hemat er ials,norar et heyacompl etest at ementoft hepr oduct s,ser vices,
secur ities,mar ket sordevel opment sr efer redt oher ein.Themat er i
alsshoul dnotber egar dedbyr eci pientsasa
subst itutef ort heexer ciseoft hei rownj udgment .Anyopi nionsar esubj ectt ochangewi thoutnot iceandmaydi f
ferorbe
cont rar yt oopi ni onsexpr essedi nanot hercont extasar esul tofusi ngdifferentassumpt ionsandcr iteria.TheLuxur y
provi desnoi nvest ment ,legalort axadvi ceandnot hingher einshoul dbeconst ruedasbei ngfinanci al ,legal ,taxorot her
advi ce.TheLuxur ydoesnotr epr esentt hatanyi nvest ment ,secur i
ties,financi ali nst r
ument sorot herpr oduct sand
servi cesdi scussedher ei nar esui tablef oranyi nvest or.Noi nvest mentorot herdeci sionsshoul dbemadesol elybased
ont hecont ent sori nformat ionf oundi nt hisdocument .Whendeci dingaboutyouri nvest ment s,youshoul dseekt he
advi ceofapr of essionalfinanci aladvi sororqual i
fiedexper t.
TheLuxur
yWhi
tePaper
DI
SCLAI
MER
TheLuxur
yWhi
tePaper
Tabl
eofCont
ent
s
01 I
ntr
oduct
ion
02 Mar
ketOver
view
03 Mar
ketPr
obl
ems
04 Sol
uti
ons
05 Execut
ivSummar
y
06 Pr
oductOver
view
07 Pr
oductDescr
ipt
ion& Funct
ional
ity
08 Pr
oductAppl
icat
ions
09 Appl
icat
ionFunct
ional
ity
10 Mar
ket
ingModel
11 Roadmap
TheLuxur
yWhi
tePaper
I
ntr
oduct
ion
A mul ti
tudeoft radingpl atformshassi ncebeendepl oyedt ocatertothegr owi
ngnumberofdi gitalcurrencyusers,offering
varyingdegr eesofconveni ence,usability,ser
vice,secur i
tyandpr ofitabili
ty.Byandl arge,mostpl atf
ormsof fert
hesame
functionalit
ythatr eli
esont hebaseconceptofmi mi
ckingt radi
tionaltradingmechani smswhi l
epi ggybacki ngont hevirt
ues
ofblockchai ntechnol ogies.Theavai l
ablepor tfoli
omanagementser vi
cest hathavebeenfiel dedasadd- onsformostt rading
platf
or msandf orgener atingr evenuest hroughcommi ssionsonuseri nvest menttrackinghavealsof oll
owedt hesamepat hof
mirroringt r
aditionalsyst ems,l argel
ydi sregardingthef actthatdecentralizedtradingandtraditi
onalt r
adi ngtakeplacei n
compl etelydiff
er entenvir onment s.
Unli
kethedecent rali
zedmar ket,tr
adit
ionalfinancialmarket srel
yont heestabli
shedandgl obal
lyr ecogni zedmodelofcent ra-
li
zednetworkoper ations,whichareregulat
edandcont rolledbygoverningauthorit
ies.Theover seer spr ovideinteroper
abil
ity
andunint
erruptedoper ationsforallmarketparti
cipant
st hroughacent r
ali
zedsystem oft ransactionpr ocessing.Thoughsl ow
andoft
entimest axingi ntermsofcommi ssions,thecentr
al i
zedsystem isrel
iableandt uned,givingi t
suser stheconvenience
andrel
iabil
ity,t
heyneedt osacrificebothtimeandsomepr ofitsinexchangeforguar anteesofsmoot hoper at
ion.
However,thedecent
ralizedmar ketdevel
opedinaf r
agment edmannerwithnumer ousblockchains,andsystemsbei
ng
cr
eatedindependentl
ywi thoutanycoherentint
eracti
onandai m ofensuri
ngf ut
ureinter
operabili
ty.Thestri
vetoat
tract
asmanyuser saspossiblet otheirsol
uti
ons,outdoandoutper f
orm oneanotherintermsoft r
ansactionspeedsamong
bl
ockchainsandservicesovershadowedt heneedtol ookf
or wardtoamut ual
lyfoster
ingtradingsector
TheLuxur
yWhi
tePaper
I
ntr
oduct
ion
Thishasl edtothedevelopmentofsegregat
edisl
andsofbl
ockchai
nsandser vi
cesinaproverbi
aldecentr
ali
zedocean,
wher eeachblockchainandplatf
ormlackedthebr
idgest
onotonlyconnectt
oot hernet
works,buttocatertothe
evolvingneedsoft hei
rusers.
Fragmentationisthefourth,unannouncedandext remel
ydi fficul
tchallengecomplement i
ngt heinfamousblockchai
n
tri
lemma.Whi l
escalabi
lit
y,transacti
onspeedsandsecur it
yformt hetri
angularstumbli
ngbl ockthatisi
mpedi ngthe
rapidandbr oaderdevel
opmentoft heblockchai
nindustr
y,andindivi
dualblockchainnetworks,theprobl
em ofuser
convenienceandover al
lusabi l
ityofthesystem mustbeaddressedtoensuret heglobaladoptionandacceptanceof
cryptocurr
enciesasar eli
ableandconveni entmeansofpayment .
Thel ackofst r
eamlineduseronboar dingi nmostser viceapplicati
onsont heblockchainmarketisther esultoft he
cumber somer egi
strati
onsyst em.Thel atterisf ur
therexacer batedbyt hel ackofproperLayer2sol utionsandt he
unavai l
abili
tyofbr oaderintegrationofcr oss- chainsol ut
ionsthatwoul dmakei nt
ra-bl
ockchai
noper at i
onsf aster,more
conveni entandr eminiscentoft radi
tionalappl icati
onsoper atingbasedonWeb2. 0.Theadventandt her apidspr eadof
Web3. 0int hecomi ngyearswi llrequirethet ransitionofmostonl ineserviceintothedecentr
alizedenvi ronment ,where
seaml essint er
operabili
tyamongt hedi ff
er entnetwor kscompr isi
ngi twil
lbet hekeyt oensuringover allsustai
nabl e
industry-widedevel opment.
TheLuxur
yWhi
tePaper
Mar
ketOver
view
TheLuxur
yWhi
tePaper
Mar
ketOver
view
Accordi ngtocryptocur r
encymar ketstati
stics,overhal foftherespondent sconsiderventuringi ntoitasasour ceof
income.Thebul lrunexper i
encedbyBi tcoinandt hemanyot hertrail
ingcoi nsandaltcoinsint hefir stquarterof2021isa
clearil
l ust
rati
onoft heint
er estexhi
bitedbyt hegl obalpubli
ctowar dst hedecentral
izedindust r
yasawhol e.AsofJune
2021,t herewer eover70mi lli
onuniquewal letusers.
Thegr owt hinusernumber sanddemandf orgr eaterusabil
ityhasl edtot herapidandexpl osivei ncr
easeint henumberof
tradi
ngandpor tfoli
omanagementappl icati
ons.Hundr edsofapplicationshavebeendevel opedovert hepastyear,al
lof
them embr oil
edi nbitterandfier cecompet i
tionf oruserattenti
onandt heirfunds.
Luxuryisal soplayi
ngamaj orroleinshapingthef utur
eoft hecryptocur rencyindustr
yasmanyr enownedbr andsare
jumpingonboar dandt ryingt oleveragethenewfoundpoweroft heNon- FungibleTokenMar ket.VogueBusiness
magaziner eportsthatmaj orluxurybr andsarealreadycreatingandt r
adi ngNFTs,suchasNi ke,whichhasusedt hem to
createdi
gitalshoesl i
nkedt oreal-worldshoes.LouisVuittonusesNFTst otrackthepr ovenanceofl uxur
ygoods.Thi s
trendisli
kel ytocontinue,asf ashionembr acestheconceptofmet averses-vi rtualworlds,wher epeopleint
er actwit
h
eachothert hroughavat ars.
TheLuxur
yWhi
tePaper
Mar
ketPr
obl
ems
Despitetheoptimist
icoutlookofmostexper t
sandsur veysonthefutur
eofbot hthecryptocurr
ency
marketandt heblockchainindustryi
ntermsofstati
sticsandadopti
onyear-over-
year,thevaluespredictedar
emer elya
fr
acti
onoft heirtruepotential
.Thereasonforsuchslow tr
acti
onisthepresenceofamul titudeofproblemsthatare
hamper i
ngtheonboar di
ngofnew user sandtheconvenienceofusi
ngmostbl ockchai
n-basedapplicati
ons,ifcompared
withtheirt
radit
ionalcounterpart
s.
Highcommi ssi
onswi t
hhi ghl oadsatpeakt radingt i
mesonsomebl ockchai nslikeEt hereum,Bi tcoin,andot hers,r
esult
inlossesfort r
ader s,effectivelyrenderingt heiroperat i
onsunpr ofitabl e.Inaddition,thei neffici enciesofsome
decentral
izedexchangesext endtoor derf ailur
es,ast het echni
calfeat uresofbl ockchainsal low them toreflectonl y
coinsthathaveal readybeenmi ned,effectivelyleadingt ouser stryingt ofilltransact i
onst hathaveal r
eadybeen
processed.Net work-levelfai l
urecanbet her esult
,al sol eadingtobl ockchainst rai
nsandt ransactionbottlenecks,which
allleadtoincreasedcommi ssions.
TheLuxur
yWhi
tePaper
Mar
ketPr
obl
ems
Theinabil
ityt
oconnecttoDecentral
izedFinanceprojectsdirectl
yusi ngavail
ablefinancialaccesstool
s,likebankcards,
ismakingaccesstothemarketdifficult.I
nstead,usersar ef
or cedt opassseveralr
egistrat
ionstages,tet
hertheircar
ds
toservi
ces,andthenaccessthenecessaryprotocol
st hr
oughwal l
etsandot hergateways.
TheLuxur
yWhi
tePaper
Sol
uti
on
Whilemostproj
ectsarefocusedoni ndi
vidualelement
softhedecentr
alizedt
radingecosyst
em atl
arge,TheLuxury
proj
ectaimstoconnectallthemostpopul arandmostdemandedservicesandblockchai
nsinanall
-in-oneappl
icat
ion
accessi
blet
hroughasinglei nt
erf
ace.
TheLuxuryprojecti
screati
ngauni versalandcompr ehensi
veTopDApptoaccessal
lthebenefitsoftheblockchai
nwith
aminimum numberofiterat
ions.
Suchanapplicati
onwouldallow i
tsuserst ogai
naccesst oalloftheavai
labl
eandnecessar
yfinanciali
nstrumentsf
or
makingbothsoundinvestmentdecisionsandtracki
ngpor tfol
ioswit
hextensi
vemanagementopti
ons.
TheLuxur yapplicat
ionwouldallow userst
ohaveaccesstoaf ullscopeofser vi
cesavail
abl
eint hetradi
tionalfinanci
al
environment.From creat
ingacryptobankcardorbuyingcryptocurrenci
esdirectlyusi
ngatradi
tionalbankcar d,to
investi
nginanyoft opDeFiprot
ocols,TheLuxur
ypr oj
ectwil
lhaveal lthenecessarytool
sandgat ewaysavailable
throughasingle,convenient
,unclutter
edandwholesomeinterface.
TheLuxur
yWhi
tePaper
Sol
uti
on
TheLuxur
yWhi
tePaper
Execut
iveSummar
y
TheLuxur
yWhi
tePaper
Execut
iveSummar
y
TheLuxuryisanopen-sourcepr
ojectaimedatdevel
opi
ngasi mpleanduniqueappli
cati
onwi t
hanall-i
ncl
usi
veand
underst
andableuseri
nterf
aceoffer
ingahighdegreeofuserexperi
ence,whichwouldall
ow anyonet
oaccessthewor
ld
ofdecentr
ali
zedappli
cati
onsinoneclick.
Bylever
agingthecapabili
tiesoft hemostmoderntechnologi
esi
nt heareasofencrypti
onandblockchai
naccessibil
ity,
weaimt ocreat
eapr oductinwhi chuserscanconnecttotheent
irecryptocur
rencyecosyst
em usi
ngtheirbankcards
andtheTheLuxurypr oj
ect'sTopDAppmobi l
eappli
cation.
Thebl ockchainmarketisovercrowdedwit
hDeFiprotocolsandotherproj
ects,leadi
ngtoacomplet
elossof
developmentvectors,whichshouldbefocusedonbuildinganecosystem ofreal-
worldmer
chant
sandservi
cest
hat
averageuser scandiscoverusingTheLuxuryTopDApp.
Theappl i
cationwillbeawholesomei nt
erfacethatisi ncl
usivenotonl yoflow-entr
y-t
hreshol
dori
ent edusers,butal
so
affluentaudi ences.TheLuxurywilli
ncludeadedi cat
edsect ionaccessiblethroughasinglecl
ickt
hatpr ovi
desaccessto
luxuryservi
ces,includi
ngbookings,paymentswithcr yptocurr
encies,purchasesofgoodsandservicesinfavourit
e
storesusingt hepl
atform'
snati
veTheLuxur y(TLX)cr yptocurrency,andmuchmor e.
Suchconvenience,int
egrat
ion,i
nteroperati
on,inclusivenessandhighdegreeofusabil
ityposi
tionTheLuxur
yasthefirst
tr
ulywholesomedecent r
ali
zedapplicati
onai medatbecomi ngaglobalaccesspoi
ntforuserstotakeadvant
ageofthe
crypt
ocur
rencyi ndust
ry'
sproductandser viceoff
er i
ngshassle-f
ree.
TheLuxur
yWhi
tePaper
Pr
oductDescr
ipt
ion& Funct
ional
ity
NFT Mar
ket
place
Cr
eat
e,Buy,Sel
lNFTs
Launchpad Lendi
ngandBor
rowi
ng
Rai
sef unds,buildacommuni
ty, Useyourl
iqui
dit
ytoi
ncr
ease
del
ivertechnology yourpr
ofit
Luxandi
a NewsMagazi
ne
Metaver
secoll
ect
ivevi
rtual Yoursourcef
ort
hecr
ypt
oand
shar
edspace li
fest
ylenews
St
aki
ng
Car
dsandSt
abl
eCoi
n
ResearchPlat
for
mforPr
oofof I
nter
nalBanki
ngEcosyst
em
Stakeasset
s
Cr
oss-
Chai
nDEX Char
ityFoundat
ion
DeFii
nnovat
ionscreat
edf
or Usi
ngthepowerofblockchai
nto
tr
adersandret
ailuser
s hel
pal
levi
atepover
ty
Mi
nti
ng
It
'sTimeToBui
ld.Mintyour
Digi
talCr
ypt
oToken
Met
aver
se
Sel
f-sover
eigni dent
ityledgers
ontheMet aver
sebl ockchain
Decent
ral
izedWal
let
A cr
yptowall
etyoumanageand
maintai
nyoursel
f
TheLuxur
yWhi
tePaper
Pr
oductAppl
icat
ions
TheLuxuryTopDAppi
sbeingdevelopedwi
thallofthel
ist
edfunct
ionsincl
udedinoneappl
icat
ion,givi
ngusersaccess
toal
lkindsoftool
sinafew cl
icksandinasi
mpl i
fiedmanner
.Themai nusecasesfort
heapplicat
ionincl
ude:
Developmentofasingl
eapplicati
onthatall
owsuser st
obuyvar
iousdi
git
alasset
susi
ngt
hei
rbankcar
dsand
connecttonumerousDeFipr
ot ocolsi
naf ew cl
icks
Pr
ovi
sionofaccesst
ovar
iousser
vicesi
ntheDeFisect
oronusi
ngt
heTLX nat
ivepl
atf
ormt
oken
Or
gani
zat
ionofassetl
ist
ingandcommuni
tyengagementusi
ngt
heTLX asabasecur
rency
Useoft
heTLX t
okenasameansofpaymentwi
thi
nthenat
iveNFT mar
ket
place
Provi
sionofaccesstohotelbooki
ngf
uncti
ons,conci
ergeandlifest
ylemanagementser
vicesandeasyaccess
tothepurchaseofvari
ousgoodsandser
vicesusingTLX t
okens
I
ncombi nat
ionwit
htheall-
in-onenatur
eoft
heappl
icat
ion'
sint
erf
ace,TheLuxur
ywi
llbeact
ingasagat
ewayf
oral
l
t
ransact
ionswit
hinthecr
ypt omarket
.
Themainf
act
orst
hatsetTheLuxur
yecosyst
em apar
tfr
om anal
ogousser
vicesi
nter
msofcompet
iti
veadvant
agesar
e
thef
oll
owi
ng:
Automationandsimpli
ficat
ionofmostDeFiprocessest
hrought
heuseofasi
ngl
eint
erf
aceconnect
ingvar
ious
protocol
swithexhausti
vei
nstr
uct
ionsandsimpleonboardi
ng
Givenitsincl
usivenessandwholesomenature,TheLuxur
ycanbecomet heleadi
ngmult
i-chai
nwal
letandDeFi
gateway,designedtoseamlessl
yconnectuserstotheworldofdi
git
alasset
si nasaf
eandsecuremanner
Theavail
abili
tyofanext
ensi
vepr
opr
iet
aryecosyst
em wi
thaccesst
oDeFiwi
thcompoundi
ngandr
einvest
ment
oppor
tuniti
es
Thefactthatitisthefirstcompl
exCross-
Chai
nDAppoperati
ngwi t
hinseveralnet
wor
kssi
mul
taneousl
y,gi
ving
user
st heabil
itytotransf
erli
qui
dit
ybetweenDeFipr
oduct
sthroughallecosyst
em
Combined,t
heseadvant
agesmakeTheLuxur
yuniqueint
ermsofbothtechni
calimpl
ement at
ionandi
ncl
usi
venessof
themainfunct
ionsandser
vicest
hatuser
sareseeki
ngwhenaccessi
ngthecrypt
omar ket
.
TheLuxur
yWhi
tePaper
Pl
atf
orm Economi
cs
Themonetizati
onmodelofTheLuxurypr
ojectent
ai l
stheuseoftheTLX t
okenast hemainval
uecar
rierandmeansof
paymentforthefunct
ionsandf
eatur
esoftheplatform.Amongthemonetizat
ioni
nstrument
sofTheLuxuryappl
icat
ion
arethefol
lowing:
Accesst
opai
dser
vicesbasedont
heTLX t
oken
Useoft
heBuy-
Backmechani
sm
DeFimar
ketr
esear
chandvot
ingf
ort
oppl
acement
NFT Mar
ket
place
Li
sti
ngCommuni
tyBat
tles
I
nit
ialWal
letOf
fer
ing
Li
qui
dit
yTr
ansf
er
Li
qui
dit
yMi
nti
ng
St
aki
ng& Lendi
ng
DeFii
nvest
mentoppor
tuni
tieswi
llal
sobepr esent
edaspartoftheproj
ect
'seconomi
cmodel
.Hol
der
soft
heTLX t
oken
wil
lbeabletot
akeadvant
ageofstakingser
vicesatat
tract
iver
atesasfol
lows:
TLX St
aki
ng +50% APY TLX |USDT Li
qui
dit
y 200% APY TheLuxur
yDeFi 130% APY
Fl
exibleandcompl exear
ning
Provi
deTLX andUSDT
St
akeTLX andear
nst
abl
eAPY protocolbasedontopDEX
andear
n+40% APY
Ecosyst
em
Mi
n.St
ake100TLX Mi
n.Deposi
t100TLX |100USDT Mi
n.Deposi
t1500USDT
TheLuxur
yWhi
tePaper
Roadmap
TheLuxur
yWhi
tePaper
Mar
ket
ingModel
TheLuxur
yWhi
tePaper
TokenMet
rics
TheLuxur
yWhi
tePaper
TLC Nat
iveCoi
n
TheLuxur
yWhi
tePaper
TheLuxur
y|TLX
TheLuxur
yWhi
tePaper
LUSSO |LSO
TheLuxur
yWhi
tePaper
Par
tner
shi
p
TheLuxurywillonlyengageinpar t
nershipswi t
hr eputablefirmsand
servi
celeader
st osupportourofferi
ng.I tsl
eader shipt eam hast
her e-
lat
ionshi
psandnet worktomaket hishappen.Thepar tnermanagement
wil
l,i
nmostcases,bebasedonbi later
alagr eement s,ensur i
ngastable
andlong-t
erm compet i
tiveadvant age
TheLuxur
yWhi
tePaper
Thankyou!