LuxWorld works on BNB Chain

Lux World
4 min readSep 17, 2022

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Introduce you to LuxWorld — a Web 3 traveling lifestyle app with virtual reality gamification and an interactive Social-Fi layout. Users can earn by traveling around the world (Discover & Earn) on the Binance NFT marketplace.

1. Some users might not be familiar with the concept of Discover-To-Earn in LuxWorld. Can you tell us more about that? How can players earn tokens and NFTs?

LuxWorld Web3 Travel-Social App is based on a few available elements, of which the focus is SocialFi — a combination of social networking and finance to create decentralized social applications.

As you know, empowerment and community participation has been recognized as means and outcomes of social innovations.

By joining the world of SocialFi in the LuxWorld app, people to earn money through check-in when traveling, mint-NFT, buy NFT in the marketplace, and exchange with people on the platform.

Users have become an independent development community that is not being approved by any Financial Intermediaries (Fls). They also have not been constrained by rules.

That said people (and you) will have direct experience, create content values and make real fiat currency profits based on what you made.

Thanks to the LuxWold innovative platform on BNB Chain, you just need to equip yourself with Luggage to be Traveller or just need to buy NFTs in the form of Check-in Nodes to be a Location owner.

Each subsequent check-in at a popular destination or entertainment location….means that you’re “filling up” your wallet.

You can earn reward tokens that can subsequently be exchanged for real-fiat currencies, delivering actual benefits for their engagement rather than merely paying to play an app.

2. The community is excited about the launch of LuxWorld in the BNB Chain! Why did LuxWorld decide to build on BNB Chain?

LuxWorld decided to build on BNB Chain for multiple reasons.

The first reason is that BNB Chain has a vibrant ecosystem for Web3 games. It would be beneficial to both us and the gamers.

The second reason is that BNB Chain can enhance the overall user experience. On occasions when the Solana chain is congested, holding a BNB Chain will enable users to earn the BNB Chain version of LGO and LUX, and vice versa.

3. Can we talk about the SocialFi element that will be revealed in LuxWorld?

As for SocialFi, we are currently in the exploratory phase. In the future, SocialFi is the foundation for the connection between society and finance.

We believe that in the upcoming years, SocialFi could be an infrastructure improvement or a creative way to engage users.

But for now, we will try to explore different ways to connect and engage both crypto users and non-crypto users through different activities in-app features. When we see an opportunity to scale the SocialFi elements in the future, we will quickly execute the deal.

4. Can we talk about the duo tokenomic model (LUX and LGO) in LuxWorld?

There are two types of tokens that are featured in LuxWorld:

  • Utility token
  • Governance token

LuxWorld’s initial economy will operate with a dual tokens model and two main NFT Items.

LuxNGo (LGO) is a utility token that will be collected when a traveler checks-in in Journey Mode or moves into Free Destination mode. This type of token is the primary “earning” and “spending” token inside the ecosystem. To provide liquidity, 1.000.000 LGO tokens were created.

LuxWorld Token (LUX) is a governance token with a limited quantity that is built on the Binance Smart Chain of the Metaverse. This type of token will be eventually changed with the introduction of community treasury and DAO voting instead of earning through gaming itself.

5. What will the future of LuxWorld look like?

LuxWorld is looking for retail partners to help promote LuxWorld and worldwide green tourism.

As a traveler, you can get started with this platform to experience sustainable yet exciting journeys by selling NFT & physical Luggage, and other items to friends and families.

Furthermore, a LuxWorld Retailer can also gain unlimited benefits by spreading NFT & physical Luggage to the community.

Users not only gain incentives for themselves but also contribute to a sustainable tourism environment.

So, if you are a style of travelholic, you will turn your passion into income and make a better place for the preservation of scenic conservation

For the latest updates, follow our official channels via these links below:

⭐️Whitepaper: https://whitepaper.lux.world/

⭐️Twitter: https://twitter.com/luxworld_

⭐️Telegram Channel: https://t.me/+lYQGsu0Jij82ZjRl

⭐️Telegram Group: https://t.me/+C8YzgYCy13hmOThl

⭐️Facebook: https://www.facebook.com/luxworld.official

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Lux World
Lux World

Written by Lux World

LuxWorld Web3 Travel-Social App: “You Discover - We Pay”

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