Interview with Ben from LumiShare: Insights on $LUMI Token Growth and Platform Developments

 

Introduction

 

In an engaging interview with Ben from LumiShare, we explored the remarkable success of the $LUMI token and the developments within the LumiPlace platform. Ben shared valuable insights into the factors driving the token's growth, the innovative features of their platform, and their strategic focus on renewable energy. Here’s a detailed look at the conversation.

 

Ame Rubik:

 

Could you explain what LumiPlace is and how the process of tokenizing real-world assets (RWA) works on your platform?

 

Ben:

 

LumiPlace is a blockchain-based platform designed to democratize investment in real-world assets through tokenization. By converting physical assets into digital tokens, LumiPlace allows investors to purchase fractional ownership of these assets. The process involves thorough due diligence, creating a special purpose vehicle (SPV) to hold the asset, and minting tokens on the blockchain via smart contracts. These tokens can be traded on LumiPlace, providing liquidity, transparency, and accessibility to a broad range of investors.

 

Ame Rubik:

 

Why did you decide to initially focus LumiPlace on the tokenization of green energy, and what are the specific benefits of this choice?

 

Ben:

 

We chose to focus on green energy for two reasons: (1) its critical role in achieving global sustainability goals and (2) the low volatility of the cash flows from these types of assets. Tokenizing renewable energy assets broadens access to these investments, traditionally dominated by large institutions. This approach not only promotes environmental responsibility but also offers attractive returns to investors. We also wanted to begin by tokenizing low-volatility assets to show the world that blockchain assets are not all volatile. They can be stable, cash-flow generating assets. We hope this encourages people and institutions that may have been skeptical about the benefits of blockchain to reconsider their position and join us in this new world of investment potential.

 

 

Ame Rubik:

 

What results have you observed since the launch of the LumiPlace test network a few weeks ago, and how have early users responded?

 

Ben:

 

Since launching the LumiPlace test network, we have observed significant user engagement and positive feedback. Early users have praised the platform's user-friendly interface and the transparency of the investment process. The integration of real-time data from renewable energy projects has been particularly well-received, providing investors with confidence in their investment decisions. The successful test phase has also attracted interest from potential partners and investors.

 

Ame Rubik:

 

How did the partnership with His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan come about, and what has been the impact of this partnership on the project?

 

Ben:

 

I met His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan's executive management at the Dubai summit some years ago. After a few months, we met again in Abu Dhabi and discussed HH's vision. I was very impressed and felt connected to their legacy. HH and his team liked LumiShare's vision to build a sustainable investment platform that will be accessible to almost everyone. The rest is history.

 

 

Ame Rubik:

 

You mention having a fully doxed and highly professional team. Could you highlight some key experiences and skills of your team that contribute to the success of the project?

 

Ben:

 

Our team comprises seasoned professionals with diverse expertise in blockchain, fintech, global banking, and renewable energy industries. I have extensive experience in blockchain and marketing. Ofer Chen, our CFO, brings over 30 years of financial expertise. David Munoz, our VP, has a strong background in global finance and banking. Guy Sheetrit, our CMO, is recognized for his digital marketing acumen. Neta Reef, our Head of Renewable Energy, is a veteran in solar project development and financing, managing a portfolio of assets in excess of US$600 million. This blend of skills ensures robust leadership and strategic execution.

 

Ame Rubik:

 

What strategies have you implemented to build and maintain a strong community around LumiShare?

 

Ben:

 

To build and maintain a strong community, we have implemented several strategies:

- Engagement: Active presence on social media and community forums.

- Education: Providing webinars, articles, and tutorials on blockchain and renewable energy investment.

- Incentives: Offering token-based rewards and exclusive investment opportunities.

- Transparency: Ensuring clear communication about our projects and progress.

- Partnerships: Collaborating with key industry players to enhance credibility and reach.

 

 

Ame Rubik:

 

You are currently listed on MEXC and plan to be on larger exchanges soon. What criteria do you use to choose the exchanges you list on, and what are your next targets in this area?

 

Ben:

 

As a note, we are listed on MEXC, which is one of the leading cryptocurrency exchanges globally, not the Mexican Stock Exchange. When choosing exchanges, we prioritize those with high liquidity, strong security measures, and a reputable user base. We will continue to expand the exchanges on which we are listed over time. Our next targets include tier 1 exchanges globally that align with our strategic goals and provide significant exposure to new potential investors. We evaluate market conditions, the exchange's compliance with regulations, and the overall fit with our long-term vision before making a decision.

 

Ame Rubik:

 

What is LumiShare's long-term vision, and how do you plan to impact the green energy sector and the tokenization of real-world assets?

 

Ben:

 

LumiShare's long-term vision is to democratize access to high-quality investment opportunities in real-world assets globally, beginning with sustainable and renewable energy projects. We aim to revolutionize the way investments are listed and traded, providing transparency, liquidity, and accessibility. Our goal is to create a diverse ecosystem of assets available in one central location, offering companies an opportunity to raise capital and investors the choice of investment options.

 

 

Ame Rubik:

 

Finally, what message would you like to send to potential investors considering investing in $LUMI and LumiShare?

 

Ben:

 

To potential investors, we invite you to join us in pioneering a new era of sustainable investment. By investing in $LUMI and LumiShare, you are not only supporting innovative technology and financial inclusion but also contributing to global sustainability efforts. Our commitment to transparency, security, and community engagement ensures a robust and rewarding investment experience. Together, we can make a significant impact on the future of renewable energy and beyond.

 

 

Conclusion

 

Ben’s insights highlight LumiShare’s remarkable progress and commitment to revolutionizing investment through blockchain technology. With a strategic focus on renewable energy and a dedicated team, LumiShare is poised to make a significant impact on both the investment landscape and sustainability efforts. Investors are encouraged to consider joining this innovative venture, as it promises to shape the future of investment with transparency and inclusivity at its core.