Your New SafeCoin.
Step-by-step guide to using Lumix Coin:
Acquire Products: Purchase products labeled with NFC tags from trusted partner brands.2. Authentication: Tap your NFC-enabled phone or Lumix handheld device on the product's NFCtag. Real-time verification with instant immutable logging on blockchain. Earn Lumix Coins:
Automatically receive LRX tokens as rewards upon successful product authentication.
Redeem & Use: Redeem earned coins for products, services, or discounts directly within the Lumix platform. Engage & Grow:
Participate in community decisions, events, and more, earning additional rewards and benefits.
Why Lumix? (Value Proposition)Core Benefits:
Product Authentication: NFC-based secure tags attached at manufacturer/distributor levels for immediate verification. Ensures authenticity, fights counterfeit goods, and secures consumer trust. Earning Opportunities: Earn LRX tokens each time you authenticate new, verified products. Additional earning through attending community events, product drops, feedbacksurveys, and participating actively in the Lumix community. Stable Value & Utility: Use Lumix Coins to redeem for goods, services, discounts within a growing ecosystem. Future utility includes paying for RX medications or obtaining exclusive discounts. Community Building: Decentralized governance giving users a voice. Exclusive access to events, limited-edition drops, and priority product launches.
Lumix Coin Tokenomics Explained (Detailed)
Stablecoin Architecture: Fiat-collateralized (USD-backed) stablecoin ensuring the highest stability andtrustworthiness. Regular independent audits to validate reserves. Economic Model: Earn Lumix via product authentications, community engagement, exclusive product drops. Designed for sustained value and ecosystem expansion. Future growth: integration with pharmaceuticals and health-related payments. Distribution & Circulation: Clear minting (creation) and burning (redemption) processes to maintain 1:1 peg stability. Managed transparently, aligning with stringent compliance standards.
Security & Compliance: Trust Built-In
Tech Security: Quantum-resistant cryptography ensuring security and authenticity (Crystalis Dilithium technology). ● Tamper-proof NFC chip designs, ensuring robust product authentication. Blockchain & Smart Contracts: ● Ethereum Layer 2 (Optimism/Arbitrum), balancing high performance, low cost, robust security. ● Smart contract audits performed regularly.
