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LumiShare (LUMI) is a financial blockchain ecosystem that aims to tokenize and fractionalize Real World Assets, starting with renewable energy assets. The project provides verified renewable energy projects with greater access to funding from individual and institutional investors. LumiShare’s asset-backed NFT Marketplace, LumiPlace, allows investors to invest in green energy assets while serving as alternative capital for Renewable Energy projects. With a commitment to sustainability and UN SDG Goal 7, LumiShare aims to produce affordable, clean energy worldwide.
LumiShare’s token, $LUMI, is backed by three uncorrelated assets: physical gold, the recovery fund (cash reserve), and technology (stabilization algorithm). While not a stablecoin, LumiToken offers limited downside and unlimited upside potential. The primary use of $LUMI tokens is to pay on LumiPlace and receive returns from renewable energy asset investments through the platform. The team behind LumiShare consists of top experts from the blockchain, fintech, and global banking industries who are committed to the shared vision and working diligently toward its realization.
As LumiShare continues to develop, it has formed valuable partnerships, including the Private Office of His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Royal Family of Abu Dhabi. Lumishare benefits from its commercial and governmental relationships, capitalizing on key opportunities within the UAE. The project also strongly emphasizes free Web 3 education initiatives, offering online knowledge sessions, offline events, and a Web3 learning academy to provide blockchain education to the masses. It is important to note that LUMI tokens listed on CMC and traded on PancakeSwap are not officially related to LumiShare.
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