What is Luxworld

Article Summary, Automatically Generated By AI

Summary of LuxWorld

  • LuxWorld is a Web3 travel-social app based on “Social-Fi”, combining social networking and financial incentives.
  • The platform empowers users to earn money through:

    • Check-ins while traveling
    • Minting and buying NFTs
    • Exchanging experiences with others
  • Users become an independent development community, free from financial intermediaries and conventional rules.
  • To start, users need to:

    • Equip themselves with Luggage to be a “Traveler”
    • Buy NFTs in the form of Check-in Nodes to be a “Location Owner”</li

About LUXWORLD: A Pioneering Ecosystem in the Realm of Cryptocurrency

LuxWorld Web3 Travel-Social App is built upon a few pivotal elements, one of which is ‘Social-Fi’ – a synergy of social networking and financial incentives designed to create a decentralized social application and content creation community. Community participation and empowerment are recognized as both a means and an outcome of these technical innovations. The very foundation of LuxWorld and its Social-Fi is empowering individuals to monetize their experiences by checking in while traveling, minting NFTs, purchasing NFTs in the marketplace, and exchanging them with others on the platform. Users have evolved into an independent development community, unshackled from the need to rely on Financial Intermediaries (FIs) or direct management, and unfettered by conventional rules. Our world is designed to encourage people to directly experience new things and become valuable content providers to other users, with the rewards being tangible fiat currency profits. To embark on LuxWorld, all you need to do is equip yourself with Luggage to become a ‘Traveler’ or purchase NFTs in the form of Check-in Nodes to become a ‘Location Owner’.

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