Tokenization
Once the opportunity is found it is presented to Lucid´s community in the marketplace. The asset (that has not been purchased yet) is tokenized and digitally represented by tokens.
Tokenization Structure in this case study:
Total Value to tokenized: 20000$
Tokens emitted: 10000
Cost per token: 2$
Max tokens per investor: 500
Max investment per investor: 1000$
Time limit to buy all tokens: 7 days
Lucid investors will have a certain time limit to buy the tokens emitted by the platform (review the Payment Methods section for the available payment options there are). Hopefully, Lucid´s community believes this is a good investment and successfully buys all the tokens. The amount of investors that can participate goes from 20 to 1000 as the maximum investment is 1000$.
In case the tokens are not completely sold in the 7 days specified then the investment is canceled and all the funds are returned.
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