# LUX - A Place That Connects All Your Favorite Web3 Projects Together

**Published by:** [BitMetis](https://paragraph.com/@bitmetis/)
**Published on:** 2022-07-05
**URL:** https://paragraph.com/@bitmetis/lux-a-place-that-connects-all-your-favorite-web3-projects-together

## Content

Author: @BitMetis | BitReport Your Source of Reliable, Unbiased Research and Due DiligenceBitMetis Review： Gameplay：Nice concept and great graphics. Tokenomics: The information regarding $LUX is not fully-transparent and there is only one platform to trade the token. NFT：Although the market performance is not that satisfying, the team has managed to fulfill most of the holder privileges. Community： Large fan base, slow community growth, moderate engagement performance. Investor & Team： Experienced team members, collaboration with popular GameFi and NFT projects. Investors list yet to be announced.Introduction LUX is the premiere Metaverse that brings together all of the web3 projects including Real Estate, Retail, Gaming, and Entertainment. Backed by Solana, the team’s vision is to bridge the physical and digital seamlessly. They believe that interoperability is not only something that is key to LUX but it's key to unlocking the full potential of Web3.Gameplay The gaming experience mainly focuses on social aspects. Players can create their own avatar and virtual persona in LUX metaverse. In the game, players will be able to own properties, attend events, make new friends, exchange goods and so much more while earning $LUX tokens through the tantalizing trip.Tokenomics$LUX is the central utility token that is used for trade and earn in the LUX Metaverse. The max supply of the $LUX token is set to 10,000,000,000. $LUX UtilityReal Estate$LUX token can be used to upgrade, renovate, and customize the real estate players own.EntertainmentPlayers will be able to pay entry fees to enter the entertainment districts in the metaverse, the arcade, for example, with $LUX.RetailBuying new decors, clothing, accessories in the retail districts is also made possible with the issuance of $LUX.Token AllocationNFT Introduction LUX | AI LUX| AI is an original art collection of 5,000 unique pieces of artwork crafted by AI artists. Minted on 18th November 2021 at the price of 0.99 SOL (Around $193), sold out within a week. The floor price reached its peak, 9.88 SOL (Around $997.8 at the time), in February this year. The current floor price sits at 1.2 SOL (Around $46) with less than 10 transactions daily. Holder PrivilegesEntry TicketLUX | AI is used as the entry ticket to numerous VR events in LUX Metaverse including but not limited to, Music Concerts, Art Exhibitions and more.Future WhitelistOwning this NFT will ensure the holders LUX mints before any other whitelist spots are given out.NFT AirdropsOG Role in DiscordAlpha Chat AccessRentingRenting out the NFT can give above benefits to another person for a return in $LUX while maintaining ownership. LUX | Entertainment LUX| Entertainment is a collection of 5000 NFT that minted freely on Feb 05, 2022 as a free airdrop to LUX|AI holders. These cards entitle the holders to free entry into the LUX Entertainment district. The floor price has dropped a lot since the all-time-high, 8.4 SOL (Around $806.4 at the time), and sits at 1.60 SOL (Around $60.8) right now.Holder PrivilegesPriority AccessStay to EarnRentingStakingLUX | Real Estate The LUX | Real Estate card that provides access to holders’ exclusive spaces in the LUX Metaverse. This collection is minted on Feb 4th, 2022 at 2.5 SOL (Around $280) for public, and 2.2 SOL ($246) for whitelist. The floor price was the highest, at 15.9 SOL (Around $1526.4) in February, 2022. Currently, it has dropped to 2.15 SOL (Around $82). Holder PrivilegesCustomizable ResidenceClubhouse AccessStay to EarnRentingStakingSince the team posted the updated version of $LUX token utilities, the number of transactions in all three NFT collections had seen an obvious rise although the trend didn’t last very long. The Lux team is very dedicated to keeping the promises they have made. The holder privileges of all three collections above seemed to have been fulfilled with token, and other airdrops to NFT holders from time to time. They would also decisively end a collaboration to secure Lux holders benefits when the partner failed to deliver as planned.CommunityLux Project officially joined Twitter in September 2021 and had already accumulated around 98k followers by now. Overall, the engagement performance was moderate, with around 300 to 500 likes to each tweet concerning the minting and launching of their first few NFT collections. The team has been hosting various giveaway events to hype up the followers for their upcoming NFT collection recently. The outcome, however, can be barely considered as satisfying. Few changes can be seen on the engagement performance in their Twitter community. The number of likes to each tweet still remains unchanged, and their most recent LUX Metaverse AMA live on June 20 only got 248 audiences who tuned in. Same situation goes for their Discord community. Members simply don’t chat in the group that much. In their sneak-peek channel, followers seem to be quite excited about the new collection, with an average of 500 reactions to each post.Investors and TeamThe team members have experience in developing holograms, XR, AR, AI, 3D and virtual events, 3D architectural design and Game Engines. They have VR, AR, and XR experiences for big brands like BMW, Spotify, Lenovo, Samsung, and many more. The Lux Project has also announced many official partnerships and collaborations with several fairly popular GameFi and NFT projects such as Aurory, Thugbirz, Degen Ape, etc. ***Statistical results in above contents are collected on 2022/6/27 for reference. Data is subjected to change, and therefore might be adjusted after the specific time period. **BitMetis Review： Gameplay：Nice concept and great graphics. Tokenomics: The information regarding $LUX is not fully-transparent and there is only one platform to trade the token. NFT：Although the market performance is not that satisfying, the team has managed to fulfill most of the holder privileges. Community： Large fan base, slow community growth, moderate engagement performance. Investor & Team： Experienced team members, collaboration with popular GameFi and NFT projects. Investors list yet to be announced.** **Please Note: the above content analysis is only for Reference information, not as a basis for investment decision-making. Bitmetis and the author of the report will not be responsible for the user's investment results. BitMetis The world's first decentralized Game-Fi distribution platform. We aim to build a bridge to connect every aspect of metaverse. Real-time Data|Trending Events|Guides|Click-to-Earn Bounties Where to find us？ Twitter：https://twitter.com/BitMetis Telegram：https://t.me/bitmetis_official Discord：https://discord.com/invite/pp6CBntccT YouTube：https://www.youtube.com/channel/UCCPexBnOwLnPrEFSsbKFYeA All Links：https://linktr.ee/bitmetis

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