LUXEYA
  • Introduction
    • Market Potential
    • What We Build
  • โ™ป๏ธLuxeya Ecosystem
    • Core Innovations
    • LUXEYA PWA & Blockchain
    • Virality Features
  • ๐ŸŽฎGame Mechanics
    • User Journey
    • PvP Battles & Trades
    • Sweepstakes
    • Tap-To-Enter (AMOE)
  • ๐Ÿ’ตNative Token ($LUXA)
    • Utility
    • Sustainability & Tokenomics
    • TOKENOMICS
  • ๐ŸŽ๏ธMarketplace & RWA NFT
    • How To Claim
    • How It Works
  • ๐Ÿ“ˆRoadmap
  • โญ•Governance & DAO
  • Glossary
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  1. Marketplace & RWA NFT

How To Claim

All Real World Asset (RWA) NFTs are sourced from renowned and trusted sellers in crypto-friendly countries such as the UAE, Switzerland, Georgia and others. These sellers specialize in high-value luxury items, including supercars, high-end tech, designer watches, jewelry, real estate, and more. All acquired prizes are kept at the sellers stores.

Once a player wins an RWA NFT, it is instantly transferred to their wallet. Each NFT contains detailed prize information, such as make, model, color, and VIN for cars; brand, model, and serial number for watches; or location and property details for real estate.

To claim their prize, the winner visits the sellerโ€™s store, where the NFT is scanned and transferred to a pre-designated wallet for verification and burn. Once validated, the necessary documentation is completed, and full ownership of the physical asset is transferred to the winner.

The entire process is streamlined, transparent, and efficient, with all ownership transfer costs covered by ๐™‡๐™๐™“๐™€๐™”๐˜ผ, ensuring a hassle-free experience for players.

Some prizes must be claimed within 6 months of winning, after which the store is not responsible for keeping them.

If a player prefers tokens over the physical prize, they can list their RWA NFT for auction directly within the ๐™‡๐™๐™“๐™€๐™”๐˜ผ app. This allows them to cash out in cryptocurrency instead of claiming the asset.

By enabling this option, ๐™‡๐™๐™“๐™€๐™”๐˜ผ creates a secondary market for RWA NFTs, ensuring liquidity and giving players the freedom to choose between ownership or instant value conversion.

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Last updated 10 days ago

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