LuxMods, creator of easy-to-install and customizable modular units for uses like home offices, yoga studios, pool houses, she sheds, man caves and more, has announced the launch of an Initial Licensing Offering (ILO) – a new way for customers and our fans to support a company’s initial growth while also sharing a portion of its gross revenue. LuxMod’s ILO is offering 1 million licenses for sale for $6 per license, which is being hosted by the Initial License Offering Contract Exchange (ILOCX), a leading platform for ILOs. A unique aspect of ILOs is that license holders are active promoters and help spread awareness about the company through social media channels, which increases the company’s revenue share. The shared revenue is paid to license holders on an annual basis and in the case of LuxMods, is expected to grow by ten times its original value by the third year. Once purchased, licenses can later be bought and sold on a secondary exchange market also hosted by ILOCX.
LuxMods is quickly emerging as a leader in personal spaces, providing innovative solutions for those looking for an affordable way to expand their usable space and increase home values. Between new work-from-home scenarios, the exploration of new hobbies and the overall need for more usable living space, LuxMods offers an innovative and convenient solutions to transform a vacant space on a property into one that fits specific needs in an affordable, efficient and customizable way. LuxMods structures are built through an exclusive partnership with S2A Modular, the designer and builder of the world’s first electrically self-sustaining, custom luxury modular homes. S2A Modular is changing the way the world understands residential buildings – creating a new standard in stylish design, construction speed, tailor-made features with high-end materials and “surplus energy income.”
“There’s no question recent events and constantly changing lifestyles have created a need for additional space at home, and we are confident that this ILO can rapidly expand the company while offering exciting revenue sharing for thousands of passionate customers,” said Dean Delisle, CEO of LuxMods. “Our exclusive design and build process means every LuxMods structure arrives fully assembled and ready to go with minimal installation requirements. We are dedicated to helping our customers create the perfect space for their lifestyles while helping generate revenue for our passionate license holders.”