LuxFi Forms a Strategic Partnership with aiRight to Bridge the Gap Between Real-world Luxury Assets and NFTs

Major brands stake their claim in this evolving landscape and we are excited to bridge the gap between real-world luxury assets and NFTs by forming a strategic partnership with aiRight, the world’s first all-in-one NFT creation and copyright management platform.

As artists, collectors and investors actively seek new opportunities to leverage their assets, the NFT ecosystem continues to grow and tap into mainstream sensibilities. We couldn’t be more excited to join forces with aiRight to bring aiRight X Oraichain’s AI Oracles into our platform.

In order to support a transparent and truly trustworthy NFT ecosystem, Oraichain has developed aiRight, a complete copyright management and farming platform for NFTs that harnesses the power of the world’s first AI Oracle to determine authenticity and point of origin for multimedia works minted on-chain. By securing and validating AI on-chain, Oraichain aims to revolutionize the AI, DeFi, and Blockchain industries and consequently opens up a plethora of unprecedented applications for various markets.

While we envision this partnership to support multiple long term benefits for both projects, aiRight and LuxFi have come together to secure value for LuxFi users, expand use cases for AIRI holders and establish the following actionable goals:

  1. LuxFi could be able to support AIRI token in its NFT marketplace. To celebrate this integration, LuxFi might host an auction exclusively for AIRI holders (TBA).
  2. aiRight can provide generative art services via AI Oracle, allowing all users to easily create artwork and back it with unique luxury assets, bringing real world value to AI generated artworks.
  3. Support LuxFi NFTs in aiRight’ growing database, as well their upcoming NFT Audit product.
  4. Integrate AI Oracle for similarity and authenticity check into LuxFi’s minting protocol, providing a decentralized method to prove the authenticity of multimedia used for each NFT.
  5. Create a direct bridge between LuxFi and aiRight to allow luxury asset-backed NFTs to be sold in the aiRight marketplace and for these NFT holders to access new opportunities presented by aiRight growing play-to-earn gaming ecosystem.

Celebrate the launch of our NFT marketplace by participating in our exceptional NFTs Auction and Lucky Draw from September 26 to October 3rd, 2021!

Bid from 0,01 ETH for a chance to win one of our 5 Legendary Apes NFTs backed by exclusive luxury items, NFTs backed by luxury items and/or $LXF token: BID NOW

About aiRight

aiRight is the world’s first complete system for AI x NFT x DeFi. Users can generate AI NFTs, protect origin with copyright issuance, trade and tokenize unique artworks, taking advantage of our complete royalty mechanism for contributors on-chain.

Oraichain is proud to be the ecosystem provider of aiRight: securing AI functionalities via AI Oracle, accessing Marketplace, organizing Galleries for DeFi, and cross-chain bridging for NFTs.

About LuxFi

LuxFi is the world’s first asset-backed NFT marketplace for luxury assets, where people can buy, sell and invest in luxury assets using cryptocurrencies and traditional payment methods. Leveraging on our big data intelligence system and unique algorithm for automated data collecting and data processing, we eliminate counterfeiting while minting an NFT on our multi-chain blockchain network. As we focus on luxury assets that hold value well and have a high reselling value, we also provide an accurate NFT pricing that is backed by real-world data.

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