I was going through the whitepaper and read this:
"If you invest your tokens at the index value 1.00 and it increases to 2.00, you made a 100% yield. In case of withdrawal, the platform automatically deducts PROFIT SHARE (30% of the yield) whereas the rest of the money is transferred to Royal Luxcess Hold"
If I understand correctly any withdrawal is subject to 30% deduction of the profit; if there weren't any profits no deduction would take place?
Yeah but they’re investing on your behalf, they have to make money, all banks/asset managers do it therefore it makes sense that the Luxcess collective investment fund would also do this. I presume their cut of the profit they gain from is tiered based on % return of investment, would be great if a dev or team member could confirm this? What happens to profits below 100% what cut will Luxcess take? |
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Another successful and sold out project. Greetings to the team, management and devs of the project as well as the supporters of it. I felt regret and disappointed because I once a member of signature campaign but I decided to leave. Congrats to all of you guys.
Ahh big mistake, you should have kept the Titanium signature you would have received a big payout! You still have the opportunity to invest in Titanium on HitBTC & FatBTC exchanges if you have changed your mind! |
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What price will be on ICO? Price fixed in usd or in ETH? And what price was on pre-sale?
You have working payments system already? ( I see, that you have app on 1st page)
That ist an interessanting question, especially when the market goes down like the last weeks. I hope the fixed rate is svd in Euro. You have to pay much more when your Payment is in ETH. I believe the savedroid team will have several ways of paying, I think they will accept Euro and the normal BTC / ETH as most popular payment methods, interesting times ahead with the market showing signs of weakness, I hope we can recover from here As they also accept fiat and they say the price per token is 0.01 €, I assume they will adjust the rate of tokens per ETH (and BTC) constantly. Maybe based on an average price of ETH over the last 24 hours, like some other projects did. Savedroid convert ETH/BTC through their payment system to keep in line with the current ETH/EUR & BTC/EUR prices. There is a bit of a spread but you do not lose a lot in the great scheme of things. |
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I'm a bit curious about the royal platform where you invest your tokens after the purchase, two options are available HOLD and LXC index, it is stated that the Royal Luxcess Hold is an option where you safely store and keep your tokens, it also states that you also make profit or loose it depending on whether the tokens rise or fall, is it not similar to storing tokens on our mew or btc wallet or is there any difference
If you choose to hold LXCs on our platform you can only lose in case that price of the coins drops, on the other side there will be some rewards for holding our tokens. Luxcess group That's pretty good, so if the coins take a hit and you're in a minus - you'll still get rewarded for loyalty due to holding some of luxcess coins, and if crypto market does well - that would be a double winner, with the inflation of price on crypto as well as the loyalty rewards for holding LXC. Yeah that is a nice passive income opportunity. Also if the Luxcess investment fund is spread over a diversified list of investments then the investor will always be receiving some form of profits, to balance the risk. |
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the whitepaper says that you can withdraw your investment at any time with from the royal platform. Of course this is a big advantage over the usual funds, where you often have to wait a long time to get your money back
Thats the whole beauty of Luxcess project and is a unique selling point. Thats why this project will have a possibility of becoming huge successful. Yeah it's a good selling point, makes the investment platform a lot more fluid/transparent. Also a lot of these projects that invest on your behalf and pay out profits/dividends can be a bit dodgy, dare I say ponzi... but I think Luxcess will offer a lot more to its investors and hopefully be a great investment for everyone involved. |
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If anyone is attending the Frankfurt Meetup, it would really fun to see some selfies
Glad to see there is a live stream, can't wait!
Yeah that would be really cool, Savedroid team please make a recording of the stream as well! Also will the presentation be in German or English? I know this might be a stupid question but I thought I should check. |
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What was mentioned by Luxcess team about token burning? I really would like to hear from the team than we speculate about it. I too agree on lower supply means higher price in the end.
It's in the WP, Page 39: " The Luxcess Group will issue 60 million tokens. In case they are not sold during the ICO project, they will be burnt." On page 36 the concept of ' BUY BACK and BURN.' is elaborated, it is unclear to me what exactly the profit is, but assuming there is going to be profit, Luxcess team will use a percentage of this to buy LXC tokens from exchange offices and consequently burn them, to guarantee a constant presence of purchasing power burning tokens is good for investors, but looking at Luxcess project I dont think there will be any token left for burning. I expect all token to be sold out during ICO. In my honest opinion I think they will reach their hard cap, they have some good advertising and marketing (apart from the questionable Binance logo). Also the hard cap is only $5.25M dollars, which in this day & age is easily achievable. |
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So the ICO is over?
Hi wleslie, yes the ICO is over, Titanium reached their hard cap a few weeks ago. It sold out a lot quicker than the team expected. You can now purchase BAR tokens on HitBTC and FatBTC and a couple of smaller exchanges. Check the price here: https://coinmarketcap.com/currencies/titanium-blockchain/(On sale for a lot lower than ICO price, good time to buy). |
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Attention Devs!My rewards were reduced for the last two weeks of the twitter bounty. I have 5000+ followers and I should have received 1000 each week for week 9 & week 10. I don't understand why this has happened and could someone please update this Number on spreadsheet: 95 Twitter Username: Cryptossi Twitter URL: https://twitter.com/cryptossi
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So happy I sold this shitoiin last week . This guy is talking about how its already better then AWS in that goofy commercial last week.  You're going to regret selling your BARS! I can't believe you would sell this token already, most tokens have fallen in this recent bear market and it feels like you have reacted to this out of anger. This isn't the TBIS teams fault, virtually all tokens are down. |
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Yes, once they hit good exchanges after the ICO is complete, the value will definitely increase as the volume spreads across the exchanges, coupled with the periodic burning of the tokens, the luxcess team just need to clean up all loopholes, i see this going far
I think burning tokens can be good for investors; i am curious what implications would that have on the project itself; I understand the token price might be driven upwards; but also the token is a mean of operation in the platform; don't get me wrong i like that my investment would increase but also the long term value should be considered; I am just curious on that end. I didn't understand what the meaning of burning tokens can be good for investors? And how value is increased if unsold tokens gets burned? It reduces the supply of the tokens which normally causes the price to increase. As the demand typically increases over time as a project becomes more popular and the dev team releases new updates bettering the service. |
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wow, very cool. this will bring another rush to your tokens. The reservation is over now, are there numbers how many tokens have been reserved? Yeah awesome news the more press releases about the Savedroid project better. CCN is also a massive media outlet and this article will be read by thousands of people, great publicity! |
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Last night we passed the 10,000th contributor.  Congratulations Savedroid, I suppose your ICO is pretty much guaranteed now! The name Savedroid is pretty clever too, you guys got the next few years pretty much paved out :-) Yeah right, Savedroid has already shown us that it is not a ordinary coin. The pre-sale lasted not even a day. I think that the Main sale will be just like this. I am currently waiting for the app, because i don't know German to use it. So do I understand correctly, that there are more than 10,000 people who registred for the ICO or reserved some tokens?  I guess the sale will be over in no time if this is true. WOW 10,000!? That is incredible, the response to this project has been phenomenal, I really think this ICO will be one of the best ICO's of 2018, I'm looking forward to the sale starting! |
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We will fix all mistakes and add some new features this week.
Best regards.
LuxcessGroup
That's great, it's nice to see the team are taking this bitcointalk thread seriously. Please let us know if you need us to point out which parts of Luxcess' white paper needs to be improved. |
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now that i have read the whitepaper a lot, i noticed many typos and other little things. Is anyone working on a correction, or may I offer you my help? (like others help in translation campaigns.
Yes I agree with you, the standard of English in the white paper is very poor. Luxcess should really think about hiring someone to proofread their work. The medium article they recently published also had a lot of grammatical errors. |
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i miss "Titanium This Week ~ Episode 5" this week. Thought we get a look in the new office and some informations about the next steps.
Does anyone know when the 5th episode will be released?
Hopefully soon, I'm excited to see the offices and the team members at work! It will be great to see what a crypto projects offices look like. It's also a nice reassurance for investors to see what their money is being spent on! |
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