How the Luxury Bank Is Re-Imagining the E-Commerce Experience
The crypto industry is expanding into unforeseen territory. Its users are becoming the financial elite of the future and they are hungry for platforms that provide them access to the best and most exclusive products.
A long leader in the crypto market, the array of products and services that comprised the Luxury ecosystem are taking one more step into the future. Already known as a blockchain focus portal with international partners to facilitate crypto-related transactions, the Luxury will launch a platform to transform the way people interact with goods and services.
Luxandia, a virtual reality metaverse, has been designed to provide a fresh e-commerce experience. This platform will have an integrated NFT marketplace with an online/offline payment processing mechanism and will let developers launch their business in a virtual parcel to be fully customizable to create a unique experience.
Catalin Dascalu, CEO of The Luxury, believes Luxandia will be one of the leading platforms in the emerging metaverse. With a vision that goes beyond the traditional and crypto finances, Luxandia is set to connect luxury as we know it with the virtual and blockchain-driven world. Dascalu added:
The possibilities are endless, including an online 3D cinema where you can watch films surrounded by the atmosphere of a real cinema or a visit to an auction house to bid on NFT art. The only limit is the imagination – and the communities on Luxandia will be free to explore the possibilities that they can imagine.
A Hunger For The Digital, The New Generation Of Luxury
In 2021, the entire market capitalization of Bitcoin and other cryptocurrencies was estimated at over $2 trillion with a massive potential to continue to expand into payments, properties, insurance, e-commerce. The Luxury ecosystem will be amongst the first to capture a market share and a portion of that value with their unique approach.
In the coming decades, there will be a massive wealth transfer from older to younger generations. Many experts and studies have already identified a preference amongst the latter for the digital arts, NFTs based entertainment products, and other forms of luxury supported by blockchain technology.
All the above and more will be integrated into Luxandia in a frictionless and seamless experience. The team behind the ecosystem has long been trying to create a product where people can have access to luxury items, financial products, and much more following the ethos that gave birth to Bitcoin and other cryptocurrencies: openness, fairness, and access for everyone.
Via Luxandia, users will have access to an NFT marketplace to mint, buy, sell, and trade with these digital assets, cinemas, conferences, showrooms, and stores with the possibility to utilize tools to try out the items. This platform is set to revolutionize the way consumers access luxury.
On the future of Luxandia and its capacity to connect with similar projects, the Luxury CEO said:
Luxandia will be open to integration with other, similar projects. We believe in the power of collaborative innovation, not competitors. We look to projects like the Aura Blockchain Consortium and how a common purpose has pulled businesses together for progress, rather than getting lost in sometimes petty competitive rivalries. This is the way forward.