Improved awareness of the luxury parallel import market through offline distribution, etc. and premium brand distribution platform through invitation.
"LBS project is a project establishing the blockchain-based luxury product brand distribution platform based on business model known as the BOOMSQUARE. Consumers can make rational consumption through blockchain-based luxury product shopping and can purchase verified luxury products through masterpiece verification from releasing to distribution step. The business model was created through the BOOMSQUARE premium lounge, and is a company that carries on a service of connecting the customers with the European luxury products such as Italy, France and so on.
LLBS token is a know-how for quality enhancement of the system as the leader developing the management system not only for clothing industry but also for other companies that back this up to efficiently operate the management system that can trace the pathway than other industries regarding the process being build in the process of import/distribution and production of the luxury product and it also takes on a role of supplying this.
Also, not only the advancement of the luxury product/customer management system but it also solved the problem of other industries that cannot carry out the business smoothly due to lack of business structure by providing services such as reclaiming new market of a company within the industry, develop/discovering brand that can catch the heart of the customer and others based on endless technology development condition of LBS foundation. And instead of stopping at this, the data secured by the company is analyzed and built into a business development structure establishing a new strategy. Also an education program is also ran to carry out work regarding distribution with a new strategy and efficient method for the company that sent in an inquiry."

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