Aug 25, 2021
Crypto Thrust x Luxury Swap AMA
Guest : Adam (Founder)
I’m the founder of Luxury Swap, we are a new team. So far the dev team owned 9 members. If you have any questions related to Luxury swap, I will be the person you talk to. Even we just getting into crypto but we have so much to offer, hope you will love Luxury swap.
Segment 1 — Project Introduction
Q1)We are so curious about LuxurySwap! please tell us about LuxurySwap in detail.
First of all, I’m sure you can tell by our name. We are trying to make an DEX project on Binance smart chain.
Not only DEX, NFT is trending in crypto at the moment, so we like to bring Lux NFT into LuxurySwap as well.
We are still a very new project, there is still many features to develop, but worry not, it won’t be a problem to us.
If you have read our lite paper, you can find the 5 different LUX NFT collection.
5 different levels, 5 different NFT card. Each one of them own the different possibility while you open the Lux blind box.
But NFT and blind box is still under develop, please join our telegram and keep update! We expect the feature finished by next week.
Q2)Can you provide an overview of $LUX Tokenomics ?
100,000,000 total LUX total supply, we take 10,000,000 as initial liquidity.
We offering 100,000 LUX as airdrop to our investor, if you like airdrop, visit luxuryswap.finance and claim your free airdrop!
The genesis farming just started yesterday, the genesis will last 15 days. During genesis, 1.5 million LUX token were minted everyday.
For now there is 3 ways to obtain LUX token, 1: Airdrop 2: Buy LUX from pancakeswap. 3:Provide liquidity and earn LUX from luxuryswap.finance.
In the near future there will be another way — NFT.
After you obtain LUX NFT, you can trade your NFT for certain amount of LUX from market.
Q3)What are the unique aspects of LuxurySwap that makes it a competitive project?
First of all, there is many yield farming on Binance chain offering 1000% yield APR. In LuxurySwap, the genesis APR above 10000% which is insane.
The return rate of Luxury Swap is much higher than other project on BSC.
We understand in order to make a project run in long-term, we can’t just do yield farming, there has to be more actually value of token.
So we have came up with the NFT blind box. Investors will take their BUSD to buy the blind box, the BUSD will be used for contract buy back.
Which means the circulate LUX will keep decrease and the value of LUX will keep growing.
Like I mentioned before, this is the DEX project, the swap will be available this week.
The lowest transaction fees will be taking while investors using Luxury Swap, part of the fee will be used for team reward and other part will be used for buy back as well.
Q4)Can you share your Roadmap with us? And tell us more about the goals you are planning to achieve.
First of all I like to make an apology first, cause our road map still not ready to public yet cause right now we are having different directions for LuxurySwap.
One is concentrate on DEX and swap, another one is on NFT market and blind box.
But don’t worry, everything will be decided this week, the road map will be published soon.
I can tell you this: we have prepared so much for Luxury Swap, and you guys are going to love it.😊
Q5)Which partnerships you have now? Also which partnerships in the Future you will be Heading to ?
Well, we are a new project so we are trying to make more publicity and partnership is sure a great way to do it.
For now we only hold partnership with 1 community, but it’s just a beginning! You will see from our future roadmap, community building and partnership building is an important part of our plan.
The global community will be great, the language will be the barrier. Not everyone able to speak English, we need volunteer to build the community for us. Such as Indonesia, Chinese, Korean.
The future partnership will be with community from all over the world.
Segment 2 — Questions from Twitter
Q1)$LUX is now available on @PancakeSwap congratulations!
My Question is..
Which other wallets can currently support your tokens? Are you planning to add up extra features in your ecosystem in future?
Pancakeswap is very easy to use, all the wallet are able to use.
But on Luxuryswap, we only support Metamask and Binance wallet at the moment, we have noticed it’s not really convenience for our investors. We will bring trust wallet to Luxuryswap this week and tokenpocket next week.
If there is anything else you would like to see on LuxurySwap, feel free to drop yours.
So far the trading and yield farming have started and it’s going really well. NFT, blind box and DEX swap will be part of Lux ecosystem, tune for that of course.
Q2) )A few days ago you announced your Partnership with NFTStarter. What are you planning with your Partner NFTStarter? What is the benefit of NFTStarter in your project ecosystem?
As we can see NFT has became extremely important part of crypto, there is no reason we don’t take that as part of LuxurySwap.
With NFT joined, a lots of NFT lover will be part of LuxurySwap community, more NFT we sold, more buy back the contract can executed.
I take that as win-win situation. NFT make LuxurySwap stronger and LuxurySwap offering the investors a better eco-system to invest.
Q3) SERIOUS ISSUES with RUG PULLS from TOKENS are seen lately….
How SECURE are our FUNDS with you project?
Are the INVESTMENTS SAFE??
It’s very serious issue nowadays, I have witnessed many project pull the rug or get hacked from hackers.
Nether way, the investors lost everything. It won’t happen to LuxurySwap, cause Lux is well audit, liquidity locked project.
Audit report: https://github.com/LuxurySwap/LuxurySwap/blob/main/SMART%20CONTRACT%20AUDIT%20REPORT.pdf
Lock: https://bscscan.com/tx/0xfd9cafacf921c5d231dcb5e266c3e89ad7ea8ea9019d7e9d3d4294c7b008fc82
Q4)Is there any service I can offer to be monetized on #LuxurySwapLab PLATFORM ?Where’s Latently storage users data, are in the blockchain or outside blockchain?
First of all, it’s blockchain, the project doesn’t storage any users data and there is nothing to storage. Your personal info is safe on DeFi.
Second, the swap will be available this week. Hopefully the liquidity and publicity will became much stronger than now.
Right now there is many Swap DEX on BSC, and as a very new project, we need more investors to grow.
So the best thing we can do at the moment is to take whatever we can, partnership with other community and project.
It’s gonna help boost LuxurySwap in many different ways.
Q 5)Hello, My question is related to the NFT airdrop “after genesis, each 2000+ LUX holder will airdrop with blind box” , what kind of stuff holders can expect from the blind box ? Is it exclusive or there are other ways to obtain the blind box!??
You can see from our lite paper, there is 5 different NFT can be mint from LUX blind box.
The best one is Rolls Royce NFT and the lowest level is Armani NFT
There is 2 ways to obtain blind box, buy it with BUSD or hold 2000+ LUX, waiting to be airdropped.
Yes, only 0.5% possibility to own Rolls Royce.
It’s the epic NFT in LUX NFT collection.
Segment 3 — Live Telegram Questions
Q1) When will your tokens be listed on the exchange and which exchanges do you plan to list on in the future.
Right now the LUX have listed on Pancakeswap, in the future we will inject some liquidity in Luxuryswap, take the liquidity in our own exchange.
Q2) Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?
Of course we have, for example, we will bring Trust wallet and Token pocket wallet to luxuryswap.finance, we take the community feedback very seriously. Everyone is welcome to drop your feedback at https://t.me/Luxuryswap or just PM me.
Q3) Do you have any plans to add NFT’s to your ecosystem as this is the hottest topic in the crypto space???
Agreed! NFT is trending as we speak. That's why LUX NFT has to be part of LuxurySwap eco-system as well. Not only it provide the unique features can attract new investors, the NFT buy-back will make Luxuryswap ecosystem much stronger!
Q4) Regarding about the current market situation is too unstable, holding back investors.. So can you give me some good reasons why I should buy your tokens in this market situation? And also why should your token holder keep holding?
The unstable is part of the crypto, no there is no way we can 100% avoid that. But yes in LuxurySwap we can make the market much more stable than other project. Cause first of all, we have build a strong ecosystem that can offering the stable investment environment for our investors. Then, LuxurySwap is the significant low fee, high speed exchange.
Q5) What was the biggest milestone your project has? What is plan in the future ?
So far I would say yield farming and airdrop. Cause the farming and airdrop just started yesterday at luxuryswap.finance. You can claim your free LUX airdrop from our website until genesis end. Our next step is building more partnership, let more people know about LuxurySwap.
📚More Info about LuxurySawp
Website | Twitter |Audit report
