Before getting into the specifics of why LumiShare might stand out from the pack as a\u00a0 crypto investment opportunity in 2023, it\u2019s important to first rewind to the beginning of our\u00a0 project\u2019s journey\u2026 and to answer the bigger-picture WHY?\u2026\u00a0\u00a0<\/b><\/p>\n
LumiShare derived its initial spark of inspiration from the historical Gold Standard. It was the Gold\u00a0 Standard (which was killed-off by the U.S. government under President Nixon in 1971) that kept\u00a0 our global monetary system grounded in some kind of reality. Since that fateful day, the fiat\u00a0 system has essentially been backed by nothing at all.\u00a0<\/span><\/p>\n And this abandoning of the Gold Standard – along with the excessive money printing that\u00a0 decoupling from physical gold enabled – has led to a profound loss in purchasing power for the\u00a0 average person over time. During the last few decades, with increased globalisation acting as a\u00a0 force-multiplier, the disparities of the fiat system have also led to an ever-widening gap between\u00a0 the super-rich and everyone else.\u00a0<\/span><\/p>\n To place this into its current context: the global charity Oxfam recently reported that <\/span>\u201cbillionaire\u00a0 fortunes are increasing by $2.7 billion a day even as at least 1.7 billion workers now live in\u00a0 countries where inflation is outpacing wages\u201d<\/b>. And the richest one percent have amassed\u00a0 almost two-thirds of all new wealth ($42 trillion) created since the money printers were turned up\u00a0 to 11 in 2020. Inflation therefore represents a form of taxation by stealth on the poorest in society\u00a0 \u2014 since the rich benefit from the asymmetric advantages of inflated asset prices, amongst so\u00a0 many other things.\u00a0<\/span><\/p>\n Inflation, in other words, is a serious problem. The US dollar has had an average annual inflation\u00a0 rate of 3.92% between 1972 and today \u2014 producing a cumulative price increase of over 610%.\u00a0 This means that today’s prices are roughly 7 times higher than back in 1972. A dollar today only\u00a0\u00a0<\/span><\/p>\n buys about 14% of what it would have bought you back in 1971, when the dollar was still\u00a0 anchored to the value of gold \u2014 representing a paper loss in purchasing power of over 85% in 50\u00a0 years. With the dollar as the global reserve currency, this inflationary dynamic is pretty much\u00a0 universal.\u00a0<\/span><\/p>\n And this is the fundamental crisis that we set out to tackle at LumiShare: to find a way of going\u00a0 back to first principles, and of bringing honesty back to the concept of money; to harness the\u00a0 power of crypto and move away from the debasement of fiat currencies in order to mitigate the\u00a0 negative impact that inflation caused by infinite money printing is having on the average person\u2019s\u00a0 financial health.\u00a0<\/span><\/p>\n Indeed, countries that have recently experienced hyperinflation – such as Turkey and Argentina –\u00a0 have seen people flocking to crypto in an effort to protect their purchasing power, as the value of\u00a0 their national currencies evaporates before their very eyes. Many cryptocurrencies, however, are\u00a0\u00a0<\/span><\/p>\n highly volatile and have questionable fundamentals; so it\u2019s a very risky strategy for avoiding\u00a0 further economic pain \u2014 especially if you\u2019re already somewhere close to the bottom of the food\u00a0 chain and can\u2019t afford to sustain any further losses.<\/span><\/p>\n Our solution was to come up with a new tokenized Gold Standard 2.0 \u2014 which is based on the\u00a0 same core economic fundamentals as the original Gold Standard (i.e. creating an economy\u00a0 backed by a physical gold reserve to provide a dependable, real-world value anchor); only at\u00a0 LumiShare we are bringing the entire economic methodology into the 21st Century \u2014 by\u00a0 harnessing the transformative power of crypto and blockchain technologies.\u00a0<\/span><\/p>\n With full transparency built into our new model from the outset (including strict auditing,\u00a0 certification and live-streaming of the project\u2019s gold reserves), we believe we have created a solid\u00a0 foundation from which to construct a new economic paradigm \u2014 one based upon taking the best\u00a0 aspects of traditional, \u2018common sense\u2019 economic methods and blending them with the\u00a0 revolutionary, white-hot potential of crypto and blockchain technologies to disrupt the financial\u00a0 status quo.\u00a0<\/span><\/p>\n LumiShare, however, is not just about establishing a Gold Standard 2.0. That\u2019s just the\u00a0 foundational \u2018first principle\u2019 \u2014 creating a solid foundation from which to construct a new\u00a0 economic environment, which provides not only greater stability and transparency but also greater\u00a0 opportunities for all. In other words, there\u2019s a lot of other important stuff that comes into play after\u00a0 launch.\u00a0<\/span><\/p>\n As always, we would strongly encourage you to do your own research (DYOR) before investing in\u00a0 any cryptocurrency. But that being said, here\u2019s why we believe we stand out from the crowd \u2014\u00a0 and why we think you should consider investing in (and holding) the LumiShare \u2018Trust Token\u2019 as a\u00a0 central part of your crypto investment strategy in 2023.\u00a0<\/span><\/p>\n Gold is an apex store of value. An ounce of gold would have bought you a fine toga in Roman\u00a0 times \u2014 and it can still buy you a high-quality suit in 2023. Highly valued and used as a medium\u00a0 of exchange throughout the ages, gold has always been and remains to this day the most credible\u00a0 asset of last resort.\u00a0<\/span><\/p>\n In modern times, it has proven to be an excellent hedge against inflation and has been regarded\u00a0 as the cornerstone of a well-balanced investment portfolio for centuries. Even today, most\u00a0 financial advisors will recommend that you should allocate around 5% of your investment portfolio\u00a0 to gold \u2014 both as a hedge against inflation and as a safe haven asset to protect yourself against\u00a0 severe economic downturns, when there\u2019s a flight to safety.\u00a0<\/span><\/p>\n Our token and ecosystem is backed-up by a physical gold reserve (which is correlated to the\u00a0 project\u2019s all-time-high market cap so it grows as the ecosystem grows). The gold provides a solid\u00a0 foundation or \u2018floor price\u2019 for a growing ecosystem, whilst being grounded in the world of real (as\u00a0 opposed to virtual) value judgements.\u00a0<\/span><\/p>\n Physical gold itself, however, has some notable drawbacks. It is not a yield-generating asset, nor\u00a0 is it as liquid, portable or fungible as cash. We have overcome these limitations by combining the\u00a0 value and economic properties of gold with the benefits of crypto and blockchain technology.<\/span><\/p>\n LumiShare has a fully-doxxed, top-tier management team and board of advisors, including former\u00a0 and current seniors from BlackRock, J.P. Morgan and Polygon. We represent both old and new\u00a0 worlds \u2014 i.e. the world of traditional commerce and finance (TradFi) and the new world of crypto,\u00a0 blockchain and web3. Very few crypto startups have this level of depth and breadth to their\u00a0 senior management teams in terms of having so many bases covered \u2014 and we believe that\u00a0 gives us a serious competitive advantage as crypto moves into new domains and territories,\u00a0 including the tokenisation of real-world asset classes such as Real Estate.\u00a0<\/span><\/p>\n Ultimately, it\u2019s utility that drives demand. So, perhaps most importantly, we\u2019re creating a broad\u00a0 ecosystem of applications and incentives that we believe will grow the LumiShare ecosystem in to\u00a0 a thriving digital economy. Applications include a seamless Payment Gateway for making crypto\u00a0 payments for goods and services; and a no-code, anti-fraud NFT marketplace that will provide the\u00a0 foundation for a first-of-its-kind, Asset-Backed NFT Marketplace. Here, individuals will be able to\u00a0 invest in pre-vetted, professionally structured, tokenised green energy (renewables) projects;\u00a0 tokenized real estate deals; tokenized agriculture projects; as well as in other highly-investible\u00a0 real-world projects, including early-stage gold and diamond mining operations.\u00a0<\/span><\/p>\n This means that, for the first time, via the power of tokenization, retail investors (with as little as a\u00a0 few thousand dollars to invest) can get involved in fractionalized bluechip projects (for example in\u00a0 major real estate deals) on a level-footing with larger investors.\u00a0<\/span><\/p>\n LumiShare\u2019s Trust Token holders will be able to stake their tokens to earn interest (of up to 18%\u00a0 APY). Locking-up tokens to earn yield is nothing new in the world of crypto. But it comes with\u00a0 considerably less risk on our asset-backed platform and it is definitely a significant benefit if\u00a0 you\u2019re planning on HODLing our tokens for the longer term.\u00a0<\/span><\/p>\n Complete transparency is one of LumiShare\u2019s core operating principles. We have incorporated\u00a0 strict auditing, certification and live-streaming of the project\u2019s gold reserves, alongside military grade cybersecurity and software auditing for all of our ecosystem components; as well as\u00a0 completely transparent and up-front tokenomics and vesting schedules.\u00a0<\/span><\/p>\n 2022 was a shocking year for crypto in terms of security exploits, malfeasance, scams,\u00a0 liquidations and general market contagion. Much of the bad news stemmed from poor risk\u00a0 management, a lack of attention to detail, a lack of any real backing to token economies like FTT\u00a0 \u2014 and a staggering lack of transparency.\u00a0<\/span><\/p>\n That\u2019s why we have factored complete transparency and checks and balances in to our project\u00a0 from the outset.\u00a0<\/span><\/p>\n Crypto projects that do this as part of their operational blueprint are thin on the ground \u2014\u00a0 LumiShare has got it covered from the word \u201cgo\u201d.<\/span><\/p>\n 2022 was a big year for partnerships as we gear up for launch. We have initiated multiple\u00a0 strategic partnerships across various sectors, including gold, real estate, payments, retail, web3,\u00a0 education and artificial intelligence. But by far the most important partnership we sealed last year\u00a0 was With His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan private office from the Royal Family of Abu Dhabi who became official company and project partners. We\u00a0 moved our corporate HQ to Abu Dhabi and they are now working closely with us in our quest to\u00a0 bring blockchain innovation and new economic opportunities to the masses.\u00a0<\/span><\/p>\n In addition to the watertight vesting schedule and a capped maximum token supply, we have\u00a0 deployed cutting-edge tokenomics, including a token auto-burn mechanism \u2014 which will be\u00a0 called into play based on our algorithms in order to protect the value of the token and ecosystem\u00a0 during times of crisis. In this way, and by deploying other asset-backed mechanisms, we have\u00a0 endeavoured to create a self-healing or self-regulating system \u2014 which has many of the benefits\u00a0 of a stable coin whilst having no upper limits on potential growth.\u00a0<\/span><\/p>\n Finally, if you\u2019re prepared to act fast, you can still participate in our token Pre-Sale, which closes\u00a0 out on January 20th. The Pre-Sale window enables you to purchase our token at $0.12 \u2014 prior to\u00a0 our imminent listings on top exchanges (CEXs and DEXs) for $0.18. This represents a 33%\u00a0 discount on the initial exchange offering \u2014 which puts you at an immediate advantage before the\u00a0 rest of the world learns about us!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" INTRODUCTION\u00a0\u00a0 Before getting into the specifics of why LumiShare might stand out from the pack as a\u00a0 crypto investment opportunity in 2023, it\u2019s important to first rewind to the beginning of our\u00a0 project\u2019s journey\u2026 and to answer the bigger-picture WHY?\u2026\u00a0\u00a0 LumiShare derived its initial spark of inspiration from the historical Gold Standard. It was the […]<\/p>\n","protected":false},"author":1,"featured_media":29851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","footnotes":""},"categories":[517],"tags":[],"class_list":["post-29850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nTHE SOLUTION? A GOLD STANDARD 2.0\u00a0\u00a0<\/b><\/h2>\n
SO WHY INVEST IN LUMISHARE?\u00a0\u00a0<\/b><\/h2>\n
BACKED BY GOLD\u00a0\u00a0<\/b><\/h2>\n
TOP-TIER MANAGEMENT TEAM & ADVISORY BOARD\u00a0\u00a0<\/b><\/h2>\n
ECOSYSTEM INNOVATION\u00a0\u00a0<\/b><\/h2>\n
STAKING\u00a0\u00a0<\/b><\/h2>\n
COMPLETE TRANSPARENCY\u00a0\u00a0<\/b><\/h2>\n
PARTNERSHIPS\u00a0\u00a0<\/b><\/h2>\n
CUTTING-EDGE TOKENOMICS\u00a0\u00a0<\/b><\/h2>\n
PRIME-MOVER ADVANTAGE\u00a0\u00a0<\/b><\/h2>\n