Luxy

Luxy is a comprehensive, multichain non-fungible token (NFT) platform established in March 2021. It provides a peer-to-peer marketplace and a suite of tools for creators, collectors, and traders. Luxy is a product developed by SYSLabs, a venture builder focused on Web3 technology, and is headquartered in Eindhoven, Netherlands. The team of over 25 professionals has experience in blockchain technology, web3 development, and cybersecurity.

The platform enables users to create, buy, sell, and trade NFTs. It supports multiple blockchains, including Polygon, Ethereum, Syscoin, and Rollux, aiming for a fast, scalable, and low-cost user experience. Luxy offers standard marketplace features as well as functionalities for GameFi, 3D models, user-owned collections, and multiple royalty addresses for collaborative projects. A key feature is its launchpad, which supports new NFT projects and allows users to purchase upcoming NFTs before they are officially released. The platform also provides creator tools for minting and managing digital assets. Users can create various file types, including pictures, GIFs, videos, and 3D models, as 1-of-1 or multiple editions.

The business model is not that of a broker or financial institution; instead, it provides a non-custodial service where it does not have control over users' NFTs or blockchains. The native $LUXY token is central to the ecosystem. Holding the token allows users to reduce transaction fees on the marketplace. The token operates on a deflationary model, where transacting on the marketplace burns $LUXY. The platform also supports buying NFTs with a credit card.

Keywords: NFT marketplace, multichain, creator tools, NFT launchpad, digital assets, GameFi, 3D models, Polygon, Ethereum, Syscoin, Rollux, $LUXY token, peer-to-peer, NFT minting, crypto collectibles, blockchain technology, web3, digital ownership, royalties