LuxWorld
  • Welcome!
  • The Company
    • How to join LuxWorld
    • Social Travel
      • Social-Travel Elements
        • Travel Modes
        • Check-in Node
        • Luggage
        • Diamonds & Locks
        • Check-in Node Minting
        • Luggage Minting
      • Social-Travel System
        • Earning Cap and Mechanics
        • Check-in System
        • Lucky Box System
        • Quest System
        • Attribute Points Redistribution System
        • Anti-Cheating System
        • Tax and Fee System
        • Inventory System
        • Notification System
        • Referral Code System
        • Achievement System
    • Web3 Social-Fi
    • Travel-Fi & EcoSystem
    • LuxWorld Marketplace
    • Tokenomics
    • Retail Program
    • Governance
    • Decentralized Wallet
    • Decentralized Exchange
    • Privacy
  • Revision history
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  • ** Feb 25th, 2023 Update: Migrating to Arbitrum One
  • ** Feb 2nd, 2023 Update: Updating Community Sales portion

Revision history

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Last updated 2 years ago

** Feb 25th, 2023 Update: Migrating to Arbitrum One

As part of our preparations for the upcoming mainnet operation, LuxWorld has successfully migrated from Ethereum to Arbitrum One - an Ethereum Layer 2 scaling network that can provide low gas fees and high speed.

Tokens were swapped at a 1:1 ratio based on a snapshot taken on Feb 24th 2023, and transferred to holder’s wallets on the Arbitrum network.

** Feb 2nd, 2023 Update: Updating Community Sales portion

At the initial phase,community sales accounted for 45% of token supply. After presle, unsold token from Community Sales was transfered to Community Treasury (16,5%).

Updated Tokenomics after the Presale
Initial Tokenomics