Digital token trading platform Bitfinex has launched new markets for LUXO, the native token of a blockchain protocol for certifying the authentication of luxury goods, Luxochain.
LUXO deposits and trading will open in April and will include both LUXO:USDT and LUXO:USD pairs.
Luxochain tokenises luxury assets and mints NFTs that correspond to each product that’s placed on the market. Using Luxochain’s Virgo iOS and Android apps, buyers can browse through luxury products and verify the authenticity of each product, and owners and sellers of luxury products can safely create, receive, store and send Digital Certificates of Authenticity and Ownerships via any smartphone. By allowing owners and sellers to trace goods on the blockchain, Luxochain is creating a more transparent, traceable, and verifiable marketplace for luxury goods.
