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Topic: [ANN][🔥CROWDSALE🔥] Luxcess Group CRYPTO-FOREX FUND with TRACK RECORD-2014 🔥📈🚀 - page 68. (Read 9644 times)

member
Activity: 672
Merit: 11
Initially I thought Luxcess will be charging 30% Fee even though there is loss on investment but its not true. Here is what Luxcess blog says

"The Luxcess Group is a good choice for you. Commissions are usually a big problem for users, but in our case, the users and investors will pay, thanks to the Royal Platform (RP), only one commission — Profit Share.

If you are doubtful about the ‘Profit Share, let us explain how it works. We, the Luxcess Group, offer investment opportunities without entry or exit charges. We want our users to be satisfied, so we decided that only profitable investments require a fee"

So no entry exit charges but only Fee on profit.

That's great update but if they are "charging on only profit not in loss, also no entry exit charges". So they are affordable on this logic?

I believe so, the percentage is coming out of the profit, so it gives room for zero charges and makes the whole project user friendly, this i believe will give Luxcess room to attract a lot of investors to this venture and increase their capital base
I agree with you that is true my friend told me about luxcess and when i went checking everything out i saw that it is a very promising ico and that it would reach the top very fast.

Yea, is sure is. they have a lot to dish out and offer great investment both from the fiat and crypto investors, with investors having total control over their capital and you can, at any time, decide to raise your capital, withdraw one part or withdraw the entire capital without an entry or exit charge.
member
Activity: 840
Merit: 17
PG-PAY Gold Backed Token
Martin from telegram explained the buy back concept, buy back means burning tokens, which means burning LXC tokens. consequences are constantly increasing token growth, because their traders make profit by performing trades (which that office is for)

Also, someone who registered in the whitelist before you gets priority in the purchase of tokens, but I think there is plenty time as of now

So, Luxcess team will be burning the token they got from profit share and this will reduce the number of token available in market which will help LXC price to go up.

Theoretically yes, whatever they say is true. But in practical situation its not easy to straight away increase the price of the tokens by buying back and burning it. I have a very good example project for which this exact concept went wrong which I am not disclosing here.

Yes in theory burning should increase the price, especially on longer terms as we won't burn 'huge' amounts of our tokens each month, but we Will see how this goes in reality. We have big hopes on our strategy of burning and making profits.

Luxcess group

Thanks for your reply. I am also hoping for that. I have invested in another ICO where they are following the same strategy. But price is not increasing at all . It isgoing down every other day and making new lows. So you have to be careful in discussing this.
full member
Activity: 448
Merit: 110
Initially I thought Luxcess will be charging 30% Fee even though there is loss on investment but its not true. Here is what Luxcess blog says

"The Luxcess Group is a good choice for you. Commissions are usually a big problem for users, but in our case, the users and investors will pay, thanks to the Royal Platform (RP), only one commission — Profit Share.

If you are doubtful about the ‘Profit Share, let us explain how it works. We, the Luxcess Group, offer investment opportunities without entry or exit charges. We want our users to be satisfied, so we decided that only profitable investments require a fee"

So no entry exit charges but only Fee on profit.

That's great update but if they are "charging on only profit not in loss, also no entry exit charges". So they are affordable on this logic?

I believe so, the percentage is coming out of the profit, so it gives room for zero charges and makes the whole project user friendly, this i believe will give Luxcess room to attract a lot of investors to this venture and increase their capital base
I agree with you that is true my friend told me about luxcess and when i went checking everything out i saw that it is a very promising ico and that it would reach the top very fast.
member
Activity: 672
Merit: 11
Initially I thought Luxcess will be charging 30% Fee even though there is loss on investment but its not true. Here is what Luxcess blog says

"The Luxcess Group is a good choice for you. Commissions are usually a big problem for users, but in our case, the users and investors will pay, thanks to the Royal Platform (RP), only one commission — Profit Share.

If you are doubtful about the ‘Profit Share, let us explain how it works. We, the Luxcess Group, offer investment opportunities without entry or exit charges. We want our users to be satisfied, so we decided that only profitable investments require a fee"

So no entry exit charges but only Fee on profit.

That's great update but if they are "charging on only profit not in loss, also no entry exit charges". So they are affordable on this logic?

I believe so, the percentage is coming out of the profit, so it gives room for zero charges and makes the whole project user friendly, this i believe will give Luxcess room to attract a lot of investors to this venture and increase their capital base
jr. member
Activity: 98
Merit: 1
Martin from telegram explained the buy back concept, buy back means burning tokens, which means burning LXC tokens. consequences are constantly increasing token growth, because their traders make profit by performing trades (which that office is for)

Also, someone who registered in the whitelist before you gets priority in the purchase of tokens, but I think there is plenty time as of now

So, Luxcess team will be burning the token they got from profit share and this will reduce the number of token available in market which will help LXC price to go up.

Theoretically yes, whatever they say is true. But in practical situation its not easy to straight away increase the price of the tokens by buying back and burning it. I have a very good example project for which this exact concept went wrong which I am not disclosing here.

Yes in theory burning should increase the price, especially on longer terms as we won't burn 'huge' amounts of our tokens each month, but we Will see how this goes in reality. We have big hopes on our strategy of burning and making profits.

Luxcess group
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr
Quite an interesting project. Tell me please, what role will the token have in the functioning of the system? In advance thanks for the answer.

Luxcess will use a percentage of the profits made to buy back tokens from exchange and consequently burn them "buy back and burn"

This is one common technique most project devs use to increase the market value of their price. It seem to really work wonders. But my confusion is why not just provide the needed amount instead of making excess to burn off??

I believe providing large amount of token is to provide wide market adoption of the token so that a large base of people gets to have it and burning is to take back in my terms from those who do not support the project or in general terms 'weak hands' hope I made some points?

It is like you are investing in the burning portion of the business. It is true it is great for the token in the long run as the value increases but I think the value of token utilization on the network would have greater yields.

Hehehehehe lol @ "investing in burning portion of the business" and you are right about the utilization needs on the network itself of which Luxcess-group is already a utility token looking at the various facet of the project
member
Activity: 840
Merit: 17
PG-PAY Gold Backed Token
Martin from telegram explained the buy back concept, buy back means burning tokens, which means burning LXC tokens. consequences are constantly increasing token growth, because their traders make profit by performing trades (which that office is for)

Also, someone who registered in the whitelist before you gets priority in the purchase of tokens, but I think there is plenty time as of now

So, Luxcess team will be burning the token they got from profit share and this will reduce the number of token available in market which will help LXC price to go up.

Theoretically yes, whatever they say is true. But in practical situation its not easy to straight away increase the price of the tokens by buying back and burning it. I have a very good example project for which this exact concept went wrong which I am not disclosing here.
full member
Activity: 994
Merit: 140
does the project need the amount of money it’s aiming to raise?

Hello,

yes the project needs the money, so that we can realize our produt - platform, also we need to make sure that our liquidity pool is large enough so that our participants Will enojoy our service 100%. And then later on the more money that we Will manage, bigger yields Will be for everyone who Will be with us and our project  Cool

Luxcess group

Bigger yields, that is what i want to read:-)
also i like "no fees for entry or exit"
as i said it earlier, i can deal with 30% withdrawal fee of the profit
member
Activity: 168
Merit: 10
Martin from telegram explained the buy back concept, buy back means burning tokens, which means burning LXC tokens. consequences are constantly increasing token growth, because their traders make profit by performing trades (which that office is for)

Also, someone who registered in the whitelist before you gets priority in the purchase of tokens, but I think there is plenty time as of now

So, Luxcess team will be burning the token they got from profit share and this will reduce the number of token available in market which will help LXC price to go up.
member
Activity: 350
Merit: 16
Martin from telegram explained the buy back concept, buy back means burning tokens, which means burning LXC tokens. consequences are constantly increasing token growth, because their traders make profit by performing trades (which that office is for)

Also, someone who registered in the whitelist before you gets priority in the purchase of tokens, but I think there is plenty time as of now

Thanks for clearing it up Gunny, there has been alot of queries regarding the burning and evidently it is there in the process to promote a healthy constant increase throughout the project resulting in more profit for everyone.

Winners all round
member
Activity: 252
Merit: 11
Martin from telegram explained the buy back concept, buy back means burning tokens, which means burning LXC tokens. consequences are constantly increasing token growth, because their traders make profit by performing trades (which that office is for)

Also, someone who registered in the whitelist before you gets priority in the purchase of tokens, but I think there is plenty time as of now
jr. member
Activity: 98
Merit: 1
Does the token align incentives to simultaneously accelerate growth and token value?

It is hard to say anything about token growth, but basically our index and our performance in making profits Will attract new people in out community and that should provide steady token growth.

Luxcess group
member
Activity: 840
Merit: 17
PG-PAY Gold Backed Token
According to the whitepaper, section 12 Roadmap, a new trading floor will be opened on the 7th of august, what is meant with this? a crypto currency exchange or an office?


I think it should be office mostly as they planned to open lot of offices around the world. But lets wait for official comment from Dev team

I believe it will be an office, as the team get bigger and bigger so will the support team and dev team.

This is there plan for growth which just goes to show the potential they have in their plans.

The trading floor stated for 7th of august Will be basically office for our team of traders.

Luxcess group



Thanks for the clarification. I also thought in different way like others. I think this is also point to be changed in your next version of white paper. Because thats already done. I am sure you have already marked it in the list of changes or correction.
full member
Activity: 868
Merit: 104
Initially I thought Luxcess will be charging 30% Fee even though there is loss on investment but its not true. Here is what Luxcess blog says

"The Luxcess Group is a good choice for you. Commissions are usually a big problem for users, but in our case, the users and investors will pay, thanks to the Royal Platform (RP), only one commission — Profit Share.

If you are doubtful about the ‘Profit Share, let us explain how it works. We, the Luxcess Group, offer investment opportunities without entry or exit charges. We want our users to be satisfied, so we decided that only profitable investments require a fee"

So no entry exit charges but only Fee on profit.

Yes, the 30% profit share Will only be deducded when we Will make profit, on losses you as a participant have no charges. And as said there also aren't any enty or exit fees.


Luxcess group

Thats very good explanation. I think this clear out lots of doubts around this subject. This also make sense as nobody is willing to pay fees for losses. Profit sharing is kind of acceptable as long as people are not greedy.
member
Activity: 168
Merit: 11
Initially I thought Luxcess will be charging 30% Fee even though there is loss on investment but its not true. Here is what Luxcess blog says

"The Luxcess Group is a good choice for you. Commissions are usually a big problem for users, but in our case, the users and investors will pay, thanks to the Royal Platform (RP), only one commission — Profit Share.

If you are doubtful about the ‘Profit Share, let us explain how it works. We, the Luxcess Group, offer investment opportunities without entry or exit charges. We want our users to be satisfied, so we decided that only profitable investments require a fee"

So no entry exit charges but only Fee on profit.

That's great update but if they are "charging on only profit not in loss, also no entry exit charges". So they are affordable on this logic?
newbie
Activity: 26
Merit: 0
Does the token align incentives to simultaneously accelerate growth and token value?
jr. member
Activity: 98
Merit: 1
Initially I thought Luxcess will be charging 30% Fee even though there is loss on investment but its not true. Here is what Luxcess blog says

"The Luxcess Group is a good choice for you. Commissions are usually a big problem for users, but in our case, the users and investors will pay, thanks to the Royal Platform (RP), only one commission — Profit Share.

If you are doubtful about the ‘Profit Share, let us explain how it works. We, the Luxcess Group, offer investment opportunities without entry or exit charges. We want our users to be satisfied, so we decided that only profitable investments require a fee"

So no entry exit charges but only Fee on profit.

Yes, the 30% profit share Will only be deducded when we Will make profit, on losses you as a participant have no charges. And as said there also aren't any enty or exit fees.


Luxcess group
member
Activity: 168
Merit: 10
Initially I thought Luxcess will be charging 30% Fee even though there is loss on investment but its not true. Here is what Luxcess blog says

"The Luxcess Group is a good choice for you. Commissions are usually a big problem for users, but in our case, the users and investors will pay, thanks to the Royal Platform (RP), only one commission — Profit Share.

If you are doubtful about the ‘Profit Share, let us explain how it works. We, the Luxcess Group, offer investment opportunities without entry or exit charges. We want our users to be satisfied, so we decided that only profitable investments require a fee"

So no entry exit charges but only Fee on profit.
member
Activity: 168
Merit: 11
According to the whitepaper, section 12 Roadmap, a new trading floor will be opened on the 7th of august, what is meant with this? a crypto currency exchange or an office?


I think it should be office mostly as they planned to open lot of offices around the world. But lets wait for official comment from Dev team

I believe it will be an office, as the team get bigger and bigger so will the support team and dev team.

This is there plan for growth which just goes to show the potential they have in their plans.

The trading floor stated for 7th of august Will be basically office for our team of traders.

Luxcess group



I guess as per white paper they are planning to start their floor in Aug 2018, not started yet. 1st office they will establish in April 2018 at Dubai.
member
Activity: 490
Merit: 10
Quite an interesting project. Tell me please, what role will the token have in the functioning of the system? In advance thanks for the answer.

Luxcess will use a percentage of the profits made to buy back tokens from exchange and consequently burn them "buy back and burn"

This is one common technique most project devs use to increase the market value of their price. It seem to really work wonders. But my confusion is why not just provide the needed amount instead of making excess to burn off??

I believe providing large amount of token is to provide wide market adoption of the token so that a large base of people gets to have it and burning is to take back in my terms from those who do not support the project or in general terms 'weak hands' hope I made some points?

It is like you are investing in the burning portion of the business. It is true it is great for the token in the long run as the value increases but I think the value of token utilization on the network would have greater yields.
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