The first institutional grade cryptocurrency exchange built for newcomers & pros across the emerging markets in Asia.
- High liquidity
- Instant deposit & withdrawal
- Fast KYC
- Advanced trading features
- Fully Secured
- 24/7 Customer Support
The Rise of
Cryptocurrency in Emerging Asia
The Next Frontier of Blockchain Technology and Digital Currencies
Emerging markets across South Asia & ASEAN represent over 25% of the world’s population and account for over half of total world growth. The fast moving markets are considered the next frontier for blockchain technology & digital currencies globally.
Region at a Glance
1.1 Billion People online
60% of the next billion entrants will come from this region
Led by India, world’s fastest growing economy
6.5% GDP Growth
Emerging Asia GDP will grow at around 6.5% over 2018–19
What’s the Issue?
As interest and participation in the crypto markets have sharply increased, so have the frustrations with the current offerings available in the emerging Asian market today. After listening to the experience of customers using current offerings across these markets, we identified key issues.
Lack of Local Liquidity
Large spreads and lack of competitive pricing across pairs
High friction points across KYC, user interface, trading tools, and tokens offerings create barriers to adoption
Cumbersome onboarding processes and poor customer support leave customers looking for better options
The LUMA Token
Alluma’s vision is to provide access and education to the next billion people on the blockchain. The Alluma exchange provides the opportunity for users to access highly liquid cryptocurrency markets and engage with the Alluma Training Academy to learn the ins and outs of the crypto world. To support our vision and fuel our ecosystem we’re introducing Alluma’s utility token: The LUMA Token.
LUMA will power numerous aspects of the Alluma ecosystem. The LUMA token is an ERC-20 compliant token to be issued on the Ethereum blockchain, and its use cases include:
Settling Trading Fees
All users will have the ability to settle trading fees on Alluma’s Exchange
Alluma Loyalty Program
A first of its kind membership-based tiered loyalty program
Participation in Alluma’s product developments including token listing initiatives
Alluma Training Academy
A digital education platform to learn about cryptocurrency and blockchain technology
Token Sale Platform
A platform for the next generation of technology companies in emerging markets
P2P chat allowing users to connect and communicate throughout the Alluma ecosystem
Alluma Loyalty Program section
- Access to Alluma marketplace to buy, sell and trade digital assets
- 25% discounted trading fees when using the LUMA token
- 24 hour response for customer support tickets
- 35% discount on trading fees when using the LUMA token
- 24/7 live support chat
- 50% discount on trading fees when using the LUMA token
- Access to select sponsored events
- First access to new Alluma products
Alluma Training Academy
Our vision is to combine the power of a learning platform such as KhanAcademy with decentralized community-generated content similar to SteemIt. The Alluma Training Academy will be a first of it’s kind digital education platform dedicated to help new users in emerging markets learn about the cryptocurrency and blockchain space (in local languages).
In addition to the community contribution driven by the LUMA token, Alluma will be producing original content and partnering with leading content providers in local markets to offer exclusive module content.
Token sale platform
The Alluma Token Sale Platform will provide an ecosystem for the best digital assets in emerging markets to run their token sales. We’ve envision a platform to support the next generation of technology companies in emerging markets. Access to funding and support for many entrepreneurs and young technology companies in these regions is a barrier to growth that many do not overcome.
As decentralization washes over the developed world, we believe the greatest impact decentralized technology can have will be within the developing world. We aim to support the development of social impact projects and will work closely with local communities to shortlist and co-promote projects that socially benefit their respective markets.
The power of an ecosystem is interconnectivity. We will be incorporating an integrated decentralized chat interface to drive peer-to-peer interaction within Alluma products with a focus on knowledge sharing and trading discussion.