Question 1

Is LuxB.market a physical luxury consignment shop?

Accepted Answer

No. LuxB.market is NOT a physical retail store or consignment shop. We are a Web3 blockchain-powered digital asset exchange platform for Real World Assets (RWA). We tokenize authenticated luxury goods into NFT digital passports for global trading. We are completely unrelated to any physical luxury retail stores with similar names.

Question 2

What is RWA tokenization?

Accepted Answer

Real World Asset (RWA) tokenization is the process of converting physical assets like luxury watches, bags, and jewelry into blockchain-based digital tokens. This enables fractional ownership, global trading, and transparent provenance tracking through NFT digital passports.

Question 3

What tokens does LuxB.market use?

Accepted Answer

LuxB.market uses a four-token matrix: MCK (ecosystem utility token - 'Digital Luxury Goods'), USDM (RWA-backed stablecoin), MCH (chain gas token), and MCT (trading fee token). MCK is positioned as the luxury industry's equivalent to Bitcoin's 'Digital Gold'.

Invest in MCK Token