Guys, let's forget about tokens, bounties etc. But think about project business sustainability, team, and even quality of whitepaper.
1) The paper starts with the quotation "Sometimes the biggest risk is not taking any" and Luxcess founder signed it. This is a well-known quotation of Mark Zukerberg (except one word "sometimes"). It's very unethical to put your signature on the other people words.
2) English is used to be the international language in the world of finance. There is a lot of evidence of very poor English in the paper and website. Very strange for a serious project to stretch a dollar for an editor. It's not much expensive believe me:)
3) I couldn't find Luxcess website related to its ongoing operations. Not ICO related site. How can they prove their performance and even existence of the team from 2014? Just saying " In the first half of the year 2014, we started connecting people with the same thinking and interests". It looks like they didn't exist before 2017. Thus the historical performance is a questionable point. Hope Luxcess have an answer.
4) The is no info related to the market for the services, 'competition, at least basic financial projections etc.
5) Let's discuss the figure on page 35, where Luxcess describes the flow of Investors funds. You invest 15 000, 60% goes to the project, the rest 6000 becomes your portfolio. They earn some money for your portfolio and at the end of the month, they take 50% of your profit. This is a fee! And by the way extremely high for forex and even cryptocurrency asset management. Why should I invest with you? Only to get advantages of your platform and trade your coin on it? Otherwise, I can take the whole 15 000 and give them to another forex or crypto broken for a much lower fee. Luxcess doesn't offer any unique trading strategy or returns to pay such a high "entrance fee" to them.
6) Luxcess offers to trade its coins on the platform. In case of withdrawal, they take 30% of your profit. No matter how Luxcess calls it. Guys, in the real financial world, it's called performance fee (also relatively high)
Questions to the team:
1) You are welcome to comment on the above-stated points.
2) How much are you going to charge your non-ICO clients?
3) Page 37 of the paper - could you please, clarify the table? What do these yields mean? For which period - 2017 or 2016+2017? Is it average or something else? Not clear....
4) Who are the main competitors for your business? Please, list 2-3 names.
Your username just described you
, well done, the team said something about fixing the poor English part when they were criticized about it and for others, i think the team will be able to give convincing answers, lets wait and see what they have to say about it and i admire your constructive criticism