Why invest in LumiShare? – The Coin Republic: Cryptocurrency, Bitcoin, Ethereum and Blockchain News
INTRODUCTION
Before going into the details of why LumiShare can stand out from the pack as a crypto investment opportunity in 2023, it is important to first rewind to the beginning of the project’s journey… and answer the bigger picture WHY?…
LumiShare drew its first spark of inspiration from the historic gold standard. It was the gold standard (which was killed by the US government under President Nixon in 1971) that kept our global monetary system anchored in some kind of reality. Since that fateful day, the fiat system has essentially been backed by nothing at all. And this abandonment of the gold standard—along with the excessive money printing that decoupling from physical gold enabled—has led to a profound loss of purchasing power for the average person over time. Over the last few decades, with increased globalization as a force multiplier, the inequalities of the fiat system have also led to an ever-widening gap between the super-rich and everyone else.
To put this into its current context: the global charity Oxfam recently reported that “billionaire fortunes are increasing by $2.7 billion a day, even as at least 1.7 billion workers now live in countries where inflation outpaces wages”. And the richest one percent have amassed nearly two-thirds of all new wealth ($42 trillion) created since the money-printers were turned up to 11 in 2020. Inflation therefore represents a form of stealth taxation of the poorest in society – since the rich leave taking advantage of the asymmetric benefits of inflated asset prices, among so many other things.
In other words, inflation is a serious problem. The US dollar has had an average annual inflation rate of 3.92% between 1972 and the present day – giving a cumulative price increase of over 610%. This means that today’s prices are about 7 times higher than back in 1972. A dollar today only buys about 14% of what it would have bought you back in 1971 when the dollar was still pegged to the value of gold – representing a paper loss in purchasing power of over 85% in 50 years. With the dollar as the global reserve currency, this inflationary dynamic is quite a lot
universal. And this is the fundamental crisis we set out to tackle at LumiShare: to find a way to go back to first principles, and bring honesty back to the concept of money; harnessing the power of crypto and moving away from the debasement of fiat currencies to mitigate the negative impact inflation caused by endless money printing has on the average person’s financial health.
In fact, countries that have recently experienced hyperinflation – such as Turkey and Argentina – have seen people flock to crypto in an attempt to protect their purchasing power, as the value of their national currencies evaporates before their eyes. However, many cryptocurrencies are
highly volatile and have questionable fundamentals; so it’s a very risky strategy to avoid further financial pain – especially if you’re already somewhere near the bottom of the food chain and can’t afford to take further losses.
THE SOLUTION? A GOLD STANDARD 2.0
Our solution was to come up with a new tokenized Gold Standard 2.0 – which is based on
same basic economic fundamentals as the original gold standard (ie creating an economy
backed by a physical gold reserve to provide a reliable fair value anchor); only at
LumiShare we bring the entire financial methodology into the 21st century — by
harness the transformative power of crypto and blockchain technologies.
With full transparency built into our new model from the start (including rigorous auditing,
certification and live-streaming of the project’s gold reserves), we believe that we have created a solid
basis for constructing a new economic paradigm – one based on taking the best
aspects of traditional, “common sense” economic methods and mixing them with
revolutionary, glowing potential for crypto and blockchain technologies to disrupt the economy
status quo.
However, LumiShare is not only about establishing a Gold Standard 2.0. It’s just that
basic “first principle” – create a solid foundation to construct a new one
economic environment, which not only provides greater stability and transparency, but also greater
opportunities for all. In other words, a lot of other important things come into play afterwards
launch.
SO WHY INVEST IN LUMISHARE?
As always, we strongly encourage you to do your own research (DYOR) before investing
any cryptocurrency. But that said, here’s why we think we stand out from the crowd –
and why we think you should consider investing in (and holding) the LumiShare ‘Trust Token’ as a
central part of your crypto investment strategy in 2023.
BACKED BY GOLD
Gold is a top store of value. An ounce of gold would have bought you a fine Roman toga
times — and it can still buy you a high-quality suit in 2023. Highly valued and used as a medium
exchange through the ages, gold has always been and is to this day the most trustworthy
asset of last resort.
In modern times, it has proven to be an excellent hedge against inflation and has been considered
as the cornerstone of a well-balanced investment portfolio for centuries. Even today, most people
Financial advisors will recommend that you should allocate around 5% of your investment portfolio
to gold – both as a hedge against inflation and as a safe haven to protect yourself from
severe economic downturns, when there is a flight to safety.
Our token and ecosystem is backed by a physical gold reserve (which is correlated to
the project’s all-time high market value, so that it grows as the ecosystem grows). The gold gives a solid
the foundation or ‘floor price’ of a growing ecosystem, while rooted in the real world (as
as opposed to virtual) valuations.
However, physical gold itself has some notable drawbacks. It’s not a yield-generating asset, either
is it as liquid, portable or fungible as cash. We have overcome these limitations by combining
value and economic properties of gold with the benefits of crypto and blockchain technology.
TOPPLAY MAN
MANAGEMENT TEAM AND ADVISORY BOARD
LumiShare has a fully equipped management team and top level advisors, including former
and current seniors from BlackRock, JP Morgan and Polygon. We represent both old and new
worlds — i.e. a world of traditional trading and finance (TradFi) and the new crypto world,
blockchain and web3. Very few crypto startups have this level of depth and breadth
top management groups when it comes to having so many bases covered – and we think so
giving us a serious competitive edge as crypto moves into new domains and territories,
including the tokenization of real-world asset classes such as real estate.
ECOSYSTEM INNOVATION
Ultimately, it is the utility that drives the demand. So, perhaps most importantly, we create a broad
ecosystem of applications and incentives that we believe will expand the LumiShare ecosystem to
a thriving digital economy. Applications include a seamless payment gateway to create crypto
payments for goods and services; and a no-code, anti-fraud NFT marketplace that will offer
the basis for a first of its kind, the Asset-Backed NFT Marketplace. Here, individuals will be able to
invest in pre-vetted, professionally structured, tokenized green energy (renewable) projects;
tokenized real estate deals; tokenized agricultural projects; as well as in other highly investable
real projects, including early stage gold and diamond mining.
This means that, for the first time, via the power of tokenization, retail investors (with as little as a
a few thousand dollars to invest) can become involved in fractionalized bluechip projects (for example in
large real estate deals) on par with larger investors.
STRIKE
LumiShares Trust Token holders will be able to stake their tokens to earn interest (of up to 18%
APY). Unlocking tokens to earn returns is nothing new in the crypto world. But it comes with it
significantly less risk on our asset-backed platform and that is definitely a significant advantage if
you plan to hold our tokens for the long term.
FULL Transparency
Complete transparency is one of LumiShare’s core operating principles. We have incorporated
rigorous auditing, certification and live-streaming of the project’s gold reserves, along with military-grade cyber security and software auditing for all our ecosystem components; plus
fully transparent and upfront tokenomics and earning plans.
2022 was a shocking year for crypto in terms of security exploits, abuse, fraud,
liquidations and general market contagion. Much of the bad news stemmed from bad risk
management, lack of attention to detail, lack of real support for token economies such as FTT
— and a staggering lack of transparency.
That is why we have included complete transparency and checks and balances in our project
from the beginning.
Crypto projects that do this as part of their operational plan are thin on the ground –
LumiShare has it covered from the word go.
PARTNERSHIPS
2022 was a big year for partnership as we geared up for launch. We have started several
strategic partnerships across various sectors including gold, real estate, payments, retail, web3,
education and artificial intelligence. But by far the most important partnership we entered into last year
was with the royal family in Abu Dhabi (via the private office of His Highness Sheikh Mohamed
Bin Ahmed Bin Hamdan Al Nahyan); who became official company and project partners. We
moved the company’s headquarters to Abu Dhabi and they are now working closely with us in our quest for
bringing blockchain innovation and new economic opportunities to the masses.
INNOVATIVE TOKENOMICS
In addition to the waterproof earning plan and a limited maximum number of tokens, we have
distributed cutting-edge tokenomics, including a token auto-burn mechanism – which will be
adopted based on our algorithms to protect the value of the token and the ecosystem
in times of crisis. In this way, and by adopting other asset-backed mechanisms, we have
attempted to create a self-healing or self-regulating system – which has many of the benefits
of a stable coin with no upper limits to potential growth.
PRIME-MOVER ADVANTAGE
Finally, if you’re prepared to act quickly, you can still participate in our token presale, which closes
out 20 January. The pre-sale window allows you to buy our token for $0.12 — before
our upcoming listings on top exchanges (CEX and DEX) for $0.18. This corresponds to 33%
discount on the first exchange offer — giving you an immediate advantage sooner
the rest of the world is learning about us!
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