Ready to Pay for that $30,000 Kitchen Remodel with Cryptocurrencies

in #blockchain6 years ago

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Finally, a blockchain marketplace for your daily requirements!

When was the last time you used your cryptocurrencies to pay a utility bill or service?

Let me guess…

Never!!!

Cryptocurrencies, despite having a sizeable global footprint, have had some tough time in finding real-world value. Only a handful of online shops or some progressive offline stores, usually the ones backed by deep pocketers, are accepting cryptocurrencies as a payment.

The volatile markets have been nothing but a roadblock in cryptocurrency adoption.

So, does it mean that cryptocurrencies will continue being only a money-making instrument?

Kenn White from Luxreum Global holds a different opinion. His blockchain startup proposes a hybrid marketplace that accepts cryptocurrencies as its primary payment option. The marketplace is targeting premium and entry-level luxury goods and services. Additionally, he aims to create a global physical network of goods and service providers that accept cryptocurrencies as payment.

“Using crypto to escape into luxury!”

In addition to creating a marketplace for premium products, Luxreum plans to list a host of other regular services including real estate construction and business/home maintenance services including new constructions, plumbing, electrical, and even renovation services. Let’s carry forward with a short use case.
Paying for a $30,000 Kitchen Remodeling Project with Cryptos

Malinda is a cryptocurrency adopter and has invested in multiple cryptocurrencies over the years. Despite having sizeable crypto reserves, she cannot use her crypto assets for paying utilities or carrying out her overdue kitchen makeover project.

With Luxreum Global, Malinda can post her kitchen remodeling job on Luxreum’s hybrid marketplace, where a pool of qualified and vetted contractors will bid on the project. Depending on the experience and other contract terms, Malinda can choose a contractor for the task. She can open an escrow account using Luxreum’s escrow service and fund it with a cryptocurrency of her choice. Additionally, she can set agreed terms and milestones using her escrow account.

Voila, Malinda just remodeled her house by paying cryptos!

This is a single use case of Luxreum Global’s marketplace. You can choose between vehicle, aviation, marine, concierge, and other real estate services available on their platform.

So, what do you think about Luxreum’s offering?

Read more about Luxreum Global at the links below and let us know what you think about it!

Website: https://www.luxreum.io

Whitepaper: https://drive.google.com/file/d/1MqqNBCYwBb0v5MAkKN3yk0oNarq5Ds_Q/view

Telegram: https://t.me/joinchat/Gwfjag6x7z-8EgD65GJNxg

BitCointalk: https://bitcointalk.org/index.php?topic=4922285

Reddit: https://www.reddit.com/r/Luxreum/

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