[ANN][🔥CROWDSALE🔥] Luxcess Group CRYPTO-FOREX FUND with TRACK RECORD-2014 🔥📈🚀 - page 73.

ibininja

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Activity: 490

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Quote from: phantam on February 11, 2018, 01:03:41 PM

Quote from: faulerwilli on February 11, 2018, 12:32:26 PM

Quote from: Anilg on February 11, 2018, 07:56:53 AM

I found the answer what Luxcess is going to do with this 30% Fee. 10% will be spent on Marketing/Development. 9% will be spent on team operation.
1% will be charity. And 10% will be burn. Now this is interesting. Can someone explain what is the benefit of this 10%burn here?

I can not understand that, why should they burn 10% of profit (because the 30% fee is nothing more than their share of profit)?
This seems to me very strange, maybe it is a translation error?

I believe it’s part of their way to have a deflationary model to decrease supply which raises per token value as part of their fee structure if it works as I believe it does it’s. A great way to gate the burn and drive increased scarcity in the system

I don't think that should be the case; probably there is something missing. I am not sure how investors would react to that to be honest. I think luxcess group have considered several options just hoping to hear their take on this.

phantam

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Bountyhive.io

Quote from: faulerwilli on February 11, 2018, 12:32:26 PM

Quote from: Anilg on February 11, 2018, 07:56:53 AM

I found the answer what Luxcess is going to do with this 30% Fee. 10% will be spent on Marketing/Development. 9% will be spent on team operation.
1% will be charity. And 10% will be burn. Now this is interesting. Can someone explain what is the benefit of this 10%burn here?

I can not understand that, why should they burn 10% of profit (because the 30% fee is nothing more than their share of profit)?
This seems to me very strange, maybe it is a translation error?

I believe it’s part of their way to have a deflationary model to decrease supply which raises per token value as part of their fee structure if it works as I believe it does it’s. A great way to gate the burn and drive increased scarcity in the system

ganeshramk

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Activity: 868

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Quote from: Ferki on February 11, 2018, 11:28:35 AM

Looks like they have changed something about there preSale.Its gonna be announsed a bit later today.It´s from Telegram if someone ask

I am excited to hear that news soon. What that could be? Are they changing the date? Or giving more possibilities of investing in some other coins? Lets wait and see.

faulerwilli

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Activity: 994

Merit: 140

Quote from: Anilg on February 11, 2018, 07:56:53 AM

I found the answer what Luxcess is going to do with this 30% Fee. 10% will be spent on Marketing/Development. 9% will be spent on team operation.
1% will be charity. And 10% will be burn. Now this is interesting. Can someone explain what is the benefit of this 10%burn here?

I can not understand that, why should they burn 10% of profit (because the 30% fee is nothing more than their share of profit)?
This seems to me very strange, maybe it is a translation error?

Nathan01

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Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: girib1684 on February 11, 2018, 10:21:40 AM

Quote from: Anilg on February 11, 2018, 10:12:28 AM

Quote from: ibininja on February 11, 2018, 08:51:01 AM

Quote from: Anilg on February 11, 2018, 07:56:53 AM

I found the answer what Luxcess is going to do with this 30% Fee. 10% will be spent on Marketing/Development. 9% will be spent on team operation.
1% will be charity. And 10% will be burn. Now this is interesting. Can someone explain what is the benefit of this 10%burn here?

Interesting; I am happy to see marketing is considered a decent portion and the fact that charity is taking an actual thought in the minds of the team. The burning of 10% would surely serve investors however I doubt that would serve the platform users.

Okay so in short these 10% will be served at dividend kind of thing. But instead of paying directly to the token holders they will burn the token and that will help price to go up.

Anilg that I don't understand. As per their information that 10% they burning which is they have from 30% fees. Not from remaining. So my confusion is how that burn tokens will help to increase price?

i think it will cut supply i the market to the best of my knowledge

nxnqauff

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Activity: 840

Merit: 17

PG-PAY Gold Backed Token

Quote from: Ferki on February 11, 2018, 11:28:35 AM

Looks like they have changed something about there preSale.Its gonna be announsed a bit later today.It´s from Telegram if someone ask

What is this new story? Are they postponing the pre-sale? Or reached their cap? I am looking forward for the clarity. I am also looking for more information about the 10% burn..

jamzzz123

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Activity: 350

Merit: 16

Quote from: Ferki on February 11, 2018, 11:28:35 AM

Looks like they have changed something about there preSale.Its gonna be announsed a bit later today.It´s from Telegram if someone ask

Interesting, keen to know what this is and also I think there is a misunderstanding regarding the 10% burn I’m sure it would be a burn towards the ovens resulting in more value.

Ferki

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Activity: 266

Merit: 25

Looks like they have changed something about there preSale.Its gonna be announsed a bit later today.It´s from Telegram if someone ask

nxnqauff

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Activity: 840

Merit: 17

PG-PAY Gold Backed Token

Quote from: Anilg on February 11, 2018, 10:12:28 AM

Quote from: ibininja on February 11, 2018, 08:51:01 AM

Quote from: Anilg on February 11, 2018, 07:56:53 AM

I found the answer what Luxcess is going to do with this 30% Fee. 10% will be spent on Marketing/Development. 9% will be spent on team operation.
1% will be charity. And 10% will be burn. Now this is interesting. Can someone explain what is the benefit of this 10%burn here?

Interesting; I am happy to see marketing is considered a decent portion and the fact that charity is taking an actual thought in the minds of the team. The burning of 10% would surely serve investors however I doubt that would serve the platform users.

Okay so in short these 10% will be served at dividend kind of thing. But instead of paying directly to the token holders they will burn the token and that will help price to go up.

I am not sure about this. To be honest, I am not sure whether we are getting this point clear. It would be nice to get some explanation from the team on this front.

girib1684

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Activity: 168

Merit: 11

Quote from: Anilg on February 11, 2018, 10:12:28 AM

Quote from: ibininja on February 11, 2018, 08:51:01 AM

Quote from: Anilg on February 11, 2018, 07:56:53 AM

I found the answer what Luxcess is going to do with this 30% Fee. 10% will be spent on Marketing/Development. 9% will be spent on team operation.
1% will be charity. And 10% will be burn. Now this is interesting. Can someone explain what is the benefit of this 10%burn here?

Interesting; I am happy to see marketing is considered a decent portion and the fact that charity is taking an actual thought in the minds of the team. The burning of 10% would surely serve investors however I doubt that would serve the platform users.

Okay so in short these 10% will be served at dividend kind of thing. But instead of paying directly to the token holders they will burn the token and that will help price to go up.

Anilg that I don't understand. As per their information that 10% they burning which is they have from 30% fees. Not from remaining. So my confusion is how that burn tokens will help to increase price?

Anilg

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Activity: 168

Merit: 10

Quote from: ibininja on February 11, 2018, 08:51:01 AM

Quote from: Anilg on February 11, 2018, 07:56:53 AM

I found the answer what Luxcess is going to do with this 30% Fee. 10% will be spent on Marketing/Development. 9% will be spent on team operation.
1% will be charity. And 10% will be burn. Now this is interesting. Can someone explain what is the benefit of this 10%burn here?

Interesting; I am happy to see marketing is considered a decent portion and the fact that charity is taking an actual thought in the minds of the team. The burning of 10% would surely serve investors however I doubt that would serve the platform users.

Okay so in short these 10% will be served at dividend kind of thing. But instead of paying directly to the token holders they will burn the token and that will help price to go up.

Owillz

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Activity: 532

Merit: 10

Quote from: rezzx on February 11, 2018, 07:14:33 AM

Quote from: Gunny95 on February 10, 2018, 06:45:11 PM

Quote from: Owillz on February 10, 2018, 05:54:42 PM

Quote from: Hendobox on February 10, 2018, 05:32:38 PM

The vision of this project is really great indeed. Please where can I get information about your team?

Similar question was asked earlier in the thread and the response was that for the time being the identity of their team members will be keep concealed as a result of a clause signed by some members of the team. So I guess that's still the state of things presently. Thus you can't get it any where for now

yea I read something similar that the identity of some developers are required to keep anonymous, but I think they will announce it later when it is allowed to do so. Regardless, on their website at the bottom you can find some team members including blockchain developer

Many people have been asking about this. Luxcess don't really have much choice and they will have to reveal the identities of their team if they want the ICO to succeed. There are so many scams out there and most people having hard time trusting new ICO's. Transparency is a must if they want to build a mutual trust with their investors.

Doing that won't really be a fair Acton in the team member. I mean this is their reputation we talking about here. They had reasons for signing those clause and going against it might turn out more fatal than the benefit of revealing their ID.

Sergiose

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Activity: 336

Merit: 100

Pleases, the fact that members of the team constantly publish news about the project, is very big plus for invester! I think, at Luxcess everything will turn out!!

Nathan01

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Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: faulerwilli on February 10, 2018, 03:26:50 PM

some of us (including me) have wondered why you open so many offices. in the whitepaper I found the answer:

To get Luxcess closer to people, we are going to open many new offices in 2018, 2019
and 2020. There, people will have the opportunity to find out more about the Luxcess
Group, where our colleagues will always be available for your questions. In addition to
this, it will be possible to buy, sell or change LXC tokens in these offices.

I wonder if you can pay in cash for kryptos in the offices

Wow! I didn't see this... Wow visibility is everything in the crypto world especially the area that deals with investment... This guys are set to take it big on the crypto space... Now I understand why they choose the luxury and success name as their brand...

There should be a provision for paying cash for cryptocurrency it should be included if not already included tho

girib1684

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Activity: 168

Merit: 11

Quote from: Anilg on February 11, 2018, 05:28:18 AM

Quote from: ganeshramk on February 11, 2018, 05:01:39 AM

Quote from: helen123 on February 10, 2018, 08:05:10 PM

can I know token sale status now? I want to invest from my allowance, not much but enough to help support Luxcess Group in developing its platform.

Its very nice you want to invest in Luxcess. You message here gets me to raising another important things thats missing in the Luxcess website. Live ICO progress counter. Luxcess should have that and that will give extra confidence to the investors.

Good suggestion, ICO/Token sale TAB is not available. I checked Luxcess website and I see 17 days and 9 hours to go. But this is for main ICO to start or something else?

About SALE not mentioned on main website. But as per white paper PRE- SALE will start on 1sr March and will end 18th March. Then MAIN SALE will start in 18th March and will end 22nd April.

Ace44

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Activity: 672

Merit: 11

Quote from: Anilg on February 11, 2018, 07:56:53 AM

I found the answer what Luxcess is going to do with this 30% Fee. 10% will be spent on Marketing/Development. 9% will be spent on team operation.
1% will be charity. And 10% will be burn. Now this is interesting. Can someone explain what is the benefit of this 10%burn here?

I believe the 10% burn is to strengthen the value of the coin as scarcity is good value to currency but should not be over the top, with time, the percentage maybe reduced, depending on the value of LXC, so with selective burning and spreading of volumes across exchanges, we'll get to see the massive increase in value

Sergiose

full member

Activity: 336

Merit: 100

The Luxcess project is very perspective, will be successful and will attract many investors! Luxcess moves in the right direction.

Hendobox

newbie

Activity: 154

Merit: 0

Quote from: Anilg on February 11, 2018, 07:56:53 AM

I found the answer what Luxcess is going to do with this 30% Fee. 10% will be spent on Marketing/Development. 9% will be spent on team operation.
1% will be charity. And 10% will be burn. Now this is interesting. Can someone explain what is the benefit of this 10%burn here?

I believe it is a good move since the burn will lead to an increase in its value. Although I think 10% is a bit small and will mean a slow pace.

storfox

member

Activity: 238

Merit: 10

Great to see Luxcess team is very much active and taking action immediately. Luxcess team dealing with clients since long time and they know what to give or how to support the clients.In my honest opinion i think they will reach their hard cap, they have some good advertising and marketing.

ibininja

member

Activity: 490

Merit: 10

Quote from: Anilg on February 11, 2018, 07:56:53 AM

I found the answer what Luxcess is going to do with this 30% Fee. 10% will be spent on Marketing/Development. 9% will be spent on team operation.
1% will be charity. And 10% will be burn. Now this is interesting. Can someone explain what is the benefit of this 10%burn here?

Interesting; I am happy to see marketing is considered a decent portion and the fact that charity is taking an actual thought in the minds of the team. The burning of 10% would surely serve investors however I doubt that would serve the platform users.

Topic: [ANN][🔥CROWDSALE🔥] Luxcess Group CRYPTO-FOREX FUND with TRACK RECORD-2014 🔥📈🚀 - page 73. (Read 9626 times)