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Taking the cryptocurrency industry one step ahead with Lucifer Coin

The Indian cryptocurrency market has been growing exponentially over the last few years and is expected to reach up to $241 million by 2030 in India and $2.3 billion by 2026 globally, according to a report by NASSCOM and WazirX.

There has been an unprecedented increase in startups in the crypto-tech space, which offers the opportunity to both Indian and International investors to invest in these. While names such as Bitcoin, Ethereum, and Polygon are well known because of their global adoption, it is time for Indian cryptocurrencies to provide global investors viable and promising returns. The opportunity is ripe for investors from developed economies to invest in India’s crypto-tech industry.

To seize this moment, we have developed a state-of-the-art technology, Lucifer Coin. The Coin is aimed at transforming the future of cryptocurrency both in India and across the world.

Lucifer Coin provides a comprehensive digital asset management system to its users in order to equip them with a seamless process of financial management. The Lucifer Coin provides a fully secure, transparent, integrated, and one-stop solution for the burgeoning investments in cryptocurrency. Some of the key offerings of this technology include:

  1. Comprehensive asset management service: The Coin provides a dynamic and advanced system to manage all assets in the digital form, backed by crypto technology to ensure the safety of all investments. This is achieved by a seamless integration with the users’ IBAN account.
  2. Promising investment and revenue plans: The Coin offers its users the opportunity to make use of impressive revenue and investment plans. As a famous saying goes, “Don’t put all your eggs in one basket”, we at Lucifer believe in upholding the principle of diversification. Out of the total valuation of the Lucifer Coin, funds will be utilized to make investments in different segments and asset classes to ensure a diversified holding is achieved. According to current estimates, 25% is reserved for real estate, 25% for the equity market, 15% for commodities, and 15% for forex.
  3. Sound support to end-users through Index Creator: The Index Creator service offered by Lucifer Coin Technologies is intended to provide a pool of options like sector choices, tracking, weighting methodologies, and many more, that help in picking the right asset to invest in. To aid with this, a rebalancing service ensures stability and good index returns. Team Lucifer has enabled a reserve model which makes sure that enough resources within the platform and the reserve per cent are figured out on the basis of assets held in each segment in the ledger.
  4. Smart Contract Service: The Lucifer Coin Technologies also caters to the developers through its Smart Contract service – a robust platform that provides an environment for developers to develop decentralized applications. The most striking feature of Lucifer’s Smart Contract is that it offers support in multiple chains whereas its counterparts offer services involving a single and specific chain. 
  5. Foreign Exchange: Users of Lucifer Coin also avail the Foreign Exchange service, an integral part of the Lucifer Coin ecosystem. It aids in enabling quick and easy transactions across the globe, along with the option of multiple applications functioning seamlessly without any payment issues.
  6. Integrated Wallet and Fund Handling Services: Through its Wallet Services, Lucifer Coin users can efficiently and effortlessly access their portfolio of cryptocurrencies and choose between holding or investing further. On similar lines, the Fund Handling services provide users with the ability to handle and access their digital assets on the go with guaranteed safety and security.

Lucifer Coin Technologies aims to add more services in the future (subject to license approvals) in the form of crypto exchange for trading assets of all kinds, FIAT and SEPA integration, B2B and B2C payment interfaces and one-off services aimed at providing users with a holistic experience.

The Lucifer Coin is set to revolutionize digital asset management in a secure, transparent and integrated manner. We believe that we will be able to provide our users with a high return on investment and aid their financial journey in a significant manner.

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