Alluma

Our Analysis

Team: 6

Feasibility: 6.5

Product: 6.5

Overall Rating: 6.33

Short Description: Alluma envisions to be the first institutional grade cryptocurrency exchange dedicated to emerging markets in Asia.

Category: Cryptocurrency

Category: Tokens Cryptocurrency

Website: https://token.alluma.io

Whitepaper: https://go.alluma.io/whitepaper-download

Github: Click to visit

BitcoinTalks: Click to visit

Twitter: Click to visit

Medium: Click to visit

Facebook: Click to visit

Built on top of a six-layered security architecture and to be operated within a compliance framework developed by an internationally renowned anti-money laundering team, the Alluma platform offers a secure & compliant platform designed to be easy to use for the new retail trader with personalized customer service, while offering powerful tools and deep liquidity for the advanced corporate professional. Our vision is to become a fully licensed exchange providing access and education to the next billion cryptocurrency users across the Asian emerging markets. Alluma is looking to be the go-to gateway for the next wave of crypto users across India and Southeast Asia markets. In addition to providing an on ramp to trading, Alluma will help educate the emerging markets on the importance of blockchain technology in order to spread widespread adoption. Alluma is introducing the first membership-based loyalty program tied to a utility token called LUMA in order to help fuel Alluma’s ecosystem. The Alluma ecosystem will be supported by the Alluma loyalty program, powered by the staking and use of the LUMA token, offering a range of membership options with varying benefits such as priority support, discounted trading fees, and exclusive access to content.Basic Membership - Apply to open an account with Alluma, subject to approval via our applicable AML/KYC checks. Once approved, Member receives Basic level benefits.Gold Membership - Members can increase their loyalty status to Gold level through the staking of 2,500 LUMA tokens for a 30-day consecutive time period. Platinum Membership - Members can reach the top tier exclusive Platinum level by staking 10,000 LUMA tokens for a 90-day consecutive time period. Staking of LUMA tokens will seamlessly take place on the Alluma platform. All users need to do is maintain a certain level of LUMA tokens in their Alluma exchange wallet for an ascribed period of time and they will automatically advance to a higher loyalty tier. Once advancing to a higher tier, the user will enjoy all benefits of that loyalty tier as long as they maintain that level of LUMA tokens in their Alluma exchange wallet. Bitcoin(BTC) and Ethereum(ETH) will be accepted in the token sale.

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