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@protocollearner
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After reading the LUKSO White Paper twice and fully understanding it, let me present to you…
→ The ONLY LUKSO THREAD you'll ever need !
My goal is to condense 70+ hours of work into one EASY-TO-UNDERSTAND thread.
It sounds like a mission impossible, but…
Let's get started!
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This afternoon, I had a great call with the LUKSO OG, Mr.
@feindura
.
We talked for 2 hours about bringing awareness and education to the web3 space to make LUKSO what it needs to be 🚀
A lot of good ideas were discussed, and the ONLY thing I can share is that Fabian is a smart
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THE LUKSO ECOSYSTEM PAGE
LUKSO needed it, and here it is :
This is just V1, but it offers a clear overview of the entire ecosystem.
Hope you like it !
(ps : BIG shout-out to the KEEZ community for inspiring this idea.)
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#BuildUP2
Awards Ceremony Recap :
🌟Let's quickly dive into the highlights and celebrate the innovative projects and their creators from this thrilling hackathon !
1⃣ Prize Pool : Over €250,000
2⃣ Participation : 437 sign-ups across 68 countries
3⃣ Duration : 4 weeks of
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More than 1,000 LUKSO students have chosen to follow the professor 🥳
I truly appreciate all of your support, but we are facing an issue!
My classroom is starting to become overcrowded...
This is why I have decided to take it to the next level:
Building the LUKSO
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I’m not a speculative guy BUT...
Ever since LUKSO get listed on top centralized exchanges, I can't resist making some price comparisons based on blockchain history 👀
1⃣ When considering a project akin to LUKSO, Ethereum naturally springs to mind.
Reflecting on Ethereum's
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The Blockchain User Experience is bad because no one understands it !
→ The everyday web3 users need simplicity
LUKSO has been leading the way in this area with the ERC725 Standard and its LSPs.
Today, I'll show you 6 LSPs showcasing their potential for the future of web3.
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Today, some individuals started to lose their minds in the LUKSO community.
👉 I’m here to clarify and return to the fundamentals.
1⃣ Context:
This morning, a member of another community I belong to, named Token Titan, began expressing interest in the LUKSO project and started
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We all know that LUKSO is a special project but...
→ Do you really understand how much it stands out from the rest ?
(Stay tuned for part two tomorrow, because there's just too much to cover in one thread😌)
1⃣ The founder :
🔸What LUKSO does : Led by Fabian Vogelsteller,
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BuildUP
#2
: QUICK RECAP !
→ Here is a simple overview of the magnificent creations made on
@lukso_io
during
#BuildUP2
:
(I'm not a tech guy, so my interpretation of the LSPs used may not be entirely accurate 🤪)
1⃣ DeFolio from
@heisenburgirrs
(my favorite) :
👉Concept : A
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What are the LUKSO Standard Proposals (LSPs)?
As you know, Ethereum has been a space where many possibilities have become a reality because of smart contracts, but there is a problem...
→ The blockchain account
Web3 growth is limited because a blockchain account is just a key
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Here are 20 reasons why LUKSO is your BEST BET :
1️⃣ Universal Profiles 🆔:
The backbone of LUKSO, it offers robust digital identities on the blockchain, essential for user interaction and asset management in Web3.
2️⃣ LUKSO Standard Proposals (LSPs) 📜:
A suite of standards
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2024 : The Year of Non-Financial dApps (= LUKSO👀)
1⃣ Why 2024 Matters :
While finance has its charm, we're reaching the boundaries of user offerings.
(And this isn't because of technical limits, even though they do exist.)
2⃣ Blockchain's Untapped Potential :
Remarkably,
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LSP7 & LSP8 support LSP17 : The birth of NFT 3.0
Wondering what this breakthrough means for you ?
Let's explain this in 6 EASY steps :
1⃣ Simplifying the Complexity :
🔸LSP7 : The advanced token standard of LUKSO, surpassing ERC20's capabilities.
🔸LSP8 : The enhanced NFT
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What happened since I started my journey to become a LUKSO EXPERT?
→ In just three weeks, I've embarked on an incredible journey filled with 10 noteworthy milestones :
0⃣ Got followed and congratulated by the LUKSO Big Boss himself
1⃣ Achieved over 160k views on X, focusing
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Universal Profile🆙EXPLAINED EASILY
Web3 is all about community, and community is all about identity.
The issue is that building an identity on top of keys (public/private key pair) is almost impossible...
→ That's where🆙comes in !
Identity through blockchain-based accounts
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Today, I had an incredible call with
@OconnorLouie
, the head of talent at
@lukso_io
.
We discussed LUKSO's future and how to make it :
→ THE TOP CHOICE FOR BUILDERS AND USERS.
He shared some really interesting information and ideas !
I'm working on a "plan" based on our
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LUKSO Weekly Updates :
📈 Stats related to the LUKSO PRICE :
🟢 Price evolution : $8.24
👉 (+11,7% since last week)
🟢 Weekly volume of LYX traded : $4,594,000
👉 (+27,5% since last week)
🌍 Stats related to the LUKSO mass-adoption GROWTH :
🟢 LUKSO follower on X : 57.7k
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The ONE THING that make LUKSO BETTER :
As you know, LUKSO is a new L1 that works fundamentally the same as ETH 2.0.
It’s a proof of stake network, with the same consensus algorithm, the same EVM...
So, what's make LUKSO better ?
→ Its foundational building blocks !
👇
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I'm not here to hype you up or promise things that will never happen, but...
Let's suppose that :
1⃣ You become a LUKSO validator (costing around $230 at the current price).
2⃣ LUKSO becomes THE blockchain for the creative economy and grows as big as ETH currently is, but for
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Why is LUKSO arguably the best L1 bet right now ?
👉 But first, a small reminder of what really is an L1 :
An L1, or Layer 1, is the foundational level of a blockchain network. Think of it as the main platform where all the basic operations, like recording transactions, take
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FROM ETHEREUM TO LUKSO : The journey of Fabian Vogelsteller
→ Let's talk about the man who unlock blockchain REVOLUTION
In the landscape of blockchain, few names have made as significant impact as Fabian Vogelsteller.
Known for his groundbreaking work with Ethereum,
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👇LUKSO Weekly Updates👇
📈 Stats related to the LUKSO PRICE :
🟢 Price evolution : 8.73$
👉 (+38,4% since last week)
🟢Daily volume of LYX traded : 632k$
👉 (+160,8% since last week)
🌍 Stats related to the LUKSO mass-adoption GROWTH :
🟢 Number of team working on the LUKSO
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2023 WAS the year of Account Abstraction (AA)
2024 WILL be the year of Universal Profile (UP)
→ Here's why in 7⃣ easy points :
1⃣ Understanding the Shift : First, you need to understand why Account Abstraction has gained attention to answer why UP is the logical follower.
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Why does LUKSO exist ?
Because LUKSO is pretty much like Ethereum but with one crucial difference :
The standards, particularly those around your account/profile system.
Let me explain this simply :
👉The primary missing element that blocks the web3 landscape from evolving
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1⃣ What makes a good blockchain ?
👉It's its base layer, aka its architecture.
2⃣ So, what makes a good architecture ?
👉The time you spend on it to use or build something.
(We could add the ease of use during the time spent, but let's keep it simple.)
3⃣ So, what makes a
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LUKSO Weekly Updates :
📈 Stats related to the LUKSO PRICE :
🔴 Price evolution : 7.58$
👉 (-15.4% since last week)
🔴 Daily volume of LYX traded : 220k$
👉 (-65% since last week)
🌍 Stats related to the LUKSO mass-adoption GROWTH :
🟢 Number of team working on the LUKSO
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👇LUKSO Weekly Updates 👇
📈 Stats related to the LUKSO PRICE :
🟢 Price evolution : 6.31$
👉 (+0,1% since last week)
🔴 Daily volume of LYX traded : 243k$
👉 (-7,8% since last week)
🌍 Stats related to the LUKSO mass-adoption GROWTH :
🟢 Number of team working on the
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LSP3 EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
👉What is LSP3 ?
Imagine having a digital profile on the blockchain that tells others who you are, just like a social media profile. LSP3 is a standard that enables such profiles for blockchain accounts, providing a
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Onboarding the average user into Web3 with Account Abstraction ?
In the current blockchain landscape, Account Abstraction stands at the forefront, especially with ERC-4337.
→ However, the true GAME-CHANGER comes from onboarding the average user through decentralized identity
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LSP0 EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
👉What is LSP0 ?
Imagine your digital identity account being like a secure, multi-functional wallet. LSP0 is THE standard that turns a smart contract into such a "wallet" on the LUKSO blockchain. This "wallet" can hold
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The Future of NFT & Tokens Standards (Part 2)
Picking up from where we left off about NFT 2.0 and new token standards.
Let's look at another important issue of the blockchain evolution that LSP17 solves :
→ The trust in upgradeable smart contracts
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LUKSO Weekly Updates :
📈 Stats related to the LUKSO PRICE :
🔴 Price evolution : $7.92
👉 (-4% since last week)
🔴 Weekly volume of LYX traded : $1,739,000
👉 (-62% since last week)
🌍 Stats related to the LUKSO mass-adoption GROWTH :
🟢 LUKSO follower on X : 58.1k
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LSP8 EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
👉What is LSP8 ?
Imagine owning a unique digital asset, like an artwork or a collectible item, where each piece is distinct and has its own story.
LSP8 is a standard that allows for such individualized and richly
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LUKSO : Driving creativity and financial innovation through digital identity
First, you need to understand that LUKSO is much more than a blockchain for creative industries.
It's an ecosystem that has implications across various spaces.
→ Such as in DeFi with uncollateralized
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LSP17 EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
Imagine you buy a smartphone. Once you purchase it, you can't change its core features like its camera or processor. However, you can download apps to add new functionalities. This is similar to how LSP17 works for smart
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LUKSO : THE FIRST TEST FOR FREE BLOCKCHAIN
As you may know, LUKSO has chosen to build a new blockchain (as opposed to just building their standards on Ethereum) due to multiple reasons that Ethereum couldn’t accommodate.
1⃣ Today, we are going to talk about one of the two main
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Yesterday, we covered some of the unique features that set LUKSO apart but...
→ There is more !
Let's now dive deeper to see how LUKSO is revolutionizing the blockchain space.
1⃣ NFT 2.0 and future standards :
🔸What LUKSO does : LUKSO revolutionizes NFT & token standards by
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LUKSO Weekly Updates :
📈 Stats related to the LUKSO PRICE :
🔴 Price evolution : $7.38
👉 (-2,7% since last week)
🔴 Weekly volume of LYX traded : $3,604,000
👉 (-9.5% since last week)
🌍 Stats related to the LUKSO mass-adoption GROWTH :
🟢 LUKSO follower on X : 57.1k
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“What I've Learned About LUKSO”
Short answer :
I have learned that : Lukso aims to be THE digital playground for the creative economy.
The more INTERSTING answer : 👇
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How Can LUKSO Succeed ? 🚀
Success for a Layer 1 blockchain means being widely used.
Usage implies users.
➡️ So, the question is : How do we attract users ? 🤔
Users join a blockchain because they have incentives to do so.
These incentives can be :
1⃣ Practical utility
or
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LSP7 EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
👉What is LSP7 ?
Imagine having a digital currency or token that's not just a number in your wallet but comes with a rich backstory, details about its creation, and flexible interaction options.
LSP7 is a standard that
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LSP4 EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
👉What is LSP4 ?
Imagine a digital asset, like a token or an NFT, having its own detailed profile, just like a person's profile on social media. LSP4 is a standard that provides this kind of rich, descriptive information
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→ Looking for the next BULL RUN NARRATIVE ?
If yes, let me to introduce you to
@lukso_io
.
But first, what makes a good narrative ?
A good narrative is essentially a belief perceived as revolutionary by the majority.
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How LUKSO bring REAL-WORLD USEAGE ?
With the crypto market reaching in 2021 a staggering $3 trillion cap, largely driven by speculation and limited real-world utility.
→ LUKSO emerges by introducing a practical playground for real usecases into blockchain.
Let's see how👇
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HOW TO (REALLY) LOWER BARRIERS TO ENTRY IN WEB3 ?
→ Web3 is one of the industries with the highest barriers to entry in the world, and despite this, it’s a sector valued at almost two trillion dollars.
Why is that ?
It's because blockchain technology is a revolution with
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@ethalorian
Hello fam!
I've noticed that recently, some people were intrigued by the Token Titan project. As a core contributor, I feel it's necessary to clarify a few things.
To give you a bit of context:
Recently, some members of the Token Titan community began discussing Lukso on their
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LUKSO Weekly Updates :
📈 Stats related to the LUKSO PRICE :
🟢 Price evolution : $10,52
👉 (+3,6% since last week)
🔴 Weekly volume of LYX traded : $5 880 000
👉 (-15,0% since last week)
🌍 Stats related to the LUKSO mass-adoption GROWTH :
🟢 LUKSO follower on X : 61 100
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Why LUKSO > ACCOUNT ABSTRACTION ?
→ In the crypto space, ACCOUNT ASBTRACTION has been in the spotlight for over a year.
Recognized as crucial for driving mass adoption.
Let's explore how LUKSO solves this through improved user experience (UX) and practical use cases :
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LUKSO : More than just a blockchain for fashion
Even though, LUKSO is set to be a key player in the web3 fashion space, its scope is much broader than just the fashion industry.
→ LUKSO will UNDENIABLY be tied to DeFi.
Why ?👇
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- Others L1 : You can't double your users in a week.
- LUKSO : Hold my pink beer🆙
Within 6 days, the number of Universal Profiles on LUKSO Mainnet has doubled ⭐️👏⛓️🔥
There are now over 10,000 Universal Profiles!
Create yours today:
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Web3 developers want two things :
1⃣ Build whatever they want easily
2⃣ Users that use their dApp
Lukso is the only blockchain that brings these two elements together.
Builders can easily leverage the power of the Universal Profile and all the LSPs to build remarkable dApps
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Why LUKSO is more essential than ever ?
→ Because blockchain technology has critical limitations !
These limitations constrain security, management, and verifiable ownership for all of its users.
So it only reveals a small part of this technology's great potential...
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📈 Stats related to the LUKSO PRICE :
🔸Price evolution : 6.30$
👉 (-3.8% since last week)
🔸Daily volume traded (for LYX) : 262k$
👉 (+5.4% since last week)
🌍 Stats related to the LUKSO mass-adoption GROWTH :
🔸Number of team working on the LUKSO Hackathon
#2
: 144 teams
👉
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LSP1 EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
👉What is LSP1 ?
Imagine a mailbox that can receive all kinds of mail – letters, parcels, even notifications. LSP1 does something similar for smart contracts on the LUKSO blockchain. It's a standard that allows smart
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WHY LUKSO ?
→ Because the Ethereum space is messy and complicated.
There are more than 7000 ERCs, and the vast majority are still about improving ERC20 that Fabian created 7 years ago.
The result ?
A complicated mess that struggles to deliver new things to the space...
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We can describe LUKSO in one EASY sentence :
→ LUKSO is the blockchain that resets the User Experience by building proper standards.
That’s cool but what’s a standard, and what do I mean by 'proper'?
Let's break it down👇
1⃣ A standard in the blockchain world is like using
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How does Universal Profile empower the user ?
→ By giving them ownership over their profile !
Universal Profile (🆙) is a groundbreaking concept that not only empowers users through data ownership but also significantly simplifies the integration of blockchain technology into
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How ERC725 simplified the self-sovereign IDENTITY management
→ My initial goal was to create an EASY-TO-UNDERSTAND thread on the LSPs
(aka LUKSO LEGO blocks)
But…
I realized that explaining ERC725 first was ESSENTIAL to understand LUKSO's innovations.
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Have you heard about LUKSO's approach to decentralization ?
👉It's quite unique.
They've set up a global network run entirely by more than 110 000 independent nodes all over the globe, with zero control from the LUKSO team 🤯
If this is not a solid commitment to
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2023 LUKSO REWIND IN 8 POINTS :
1⃣ Mainnet Launch - May 23rd
The LUKSO blockchain's launch, following years of development, signifies the dawn of what I term as the blockchain that transformed user experience.
There's substantial work ahead to fulfill LUKSO's ambitions, but
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LUKSO Weekly Updates :
📈 Stats related to the LUKSO PRICE :
🔴 Price evolution : $9,37
👉 (-12,2% since last week)
🟢 Weekly volume of LYX traded : $5 420 000
👉 (+112,5% since last week)
🌍 Stats related to the LUKSO mass-adoption GROWTH :
🟢 LUKSO follower on X : 62 400
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Universal Profile VS other ID solutions
For more than a year, identity solutions and account abstraction have become central topics in Web3 for mass adoption.
→ Let's compare LUKSO's Universal Profile (🆙) against the most notable ID solutions currently available in the space
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On my journey to become an expert on Lukso, I started with something big.
Read the entire White Paper 🤯
Let's get started!
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LUKSO Weekly Updates :
📰 Top informations about LUKSO this week :
1️⃣ BuildUP
#3
(the LUKSO Hackathon) is planned for February of this year !
2️⃣ The LUKSO Ecosystem page is now available (on my feed)
3️⃣ The biggest LUKSO stress test so far, (with BurnPix) , shows that LUKSO
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LSP5 EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
👉What is LSP5 ?
Imagine having a wallet that not only holds your digital assets but also keeps a detailed list of them. LSP5 is like that wallet for blockchain accounts. It keeps track of all the tokens and NFTs you own,
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LSP6 EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
👉What is LSP6 ?
Imagine a high-security building where access is granted based on different levels of permissions. LSP6 acts similarly for blockchain accounts. It's a system that manages who can do what in a smart
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The ULTIMATE resource for learning and understanding everything you need about LUKSO is here!
Recognizing that LUKSO can be complex, I've made an effort to simplify the information on this specially curated page for all LUKSO enthusiasts.
It offers comprehensive details about
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LSP2 EXPLAINED : Users VS Developers
1⃣ FOR USERS :
👉What is LSP2 ?
Think of LSP2 as a system that organizes and labels the contents of a smart contract, much like a filing system. It makes the data in smart contracts more understandable and accessible.
👉Why is LSP2 Useful
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Funny stuff :
I was reading a great book called TOKEN TITAN (aka the Web3 Bible) from my friend
@tugan_eth
and found this :
I guess the time for
@lukso_io
to shine is coming soon 👀
Ps : The book is absolutely not about LUKSO 😂
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LUKSO - The New Whales Economy 🐳😂
let’s check the stats of our first week.👇
-20k $LYX volume
-1300+ holders
-1450+ trades
check out our website to view the chill collection. adding more to it each day that passes.
stay chill. 🐳🆙⛓️
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Currently, tokens and NFTs are as technologically advanced as a rock :
🔸No data storage & history
🔸Risk of asset loss with one wrong address
🔸Owners are left in the dark about their assets during transfers
This needs to be fixed to get mass adoption.
And here comes LUKSO :
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How will LUKSO enable the creative space to transition into Web3?
1⃣ It's widely recognized that LUKSO aims to be the blockchain of the creative economy.
But how will this be achieved ?
First, it's important to understand that the vast majority of people in Web3 are here for
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Blockchain Mass Adoption : The Imperative of DECENTRALIZATION
Here's why in 4 points 👇
1⃣ Decentralization : The Core of Blockchain
🔸Bitcoin & Mass Adoption : When we think of Bitcoin, THE example of 'mass adoption', decentralization is key.
🔸Comparative Projects :
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LUKSOFAM, I NEED YOUR CREATIVITY!
As many of you are aware, LUKSO has been meticulously crafted with a vision of the common good at its heart.
👉 However, there is an issue...
In every thriving ecosystem, a robust backbone is essential, often of a financial nature.
That's why
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Imagine a world where…
1⃣ You have a single, customizable profile that seamlessly connects you to every web2 and web3 application or site you visit.
2⃣ Imagine storing and sharing all the information you wish, while setting specific permissions for each site, all under your
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Web3 needs more use cases and practical applications that the average person can easily adopt...
👉 Which is precisely what LUKSO is designed to do!
LUKSO is built not only for the current wave of blockchain interest but also for future developments, thanks to its thoughtful
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LSP12 EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
👉What is LSP12 ?
Imagine a digital certificate of authenticity for every digital asset you encounter.
LSP12 is a standard on the LUKSO blockchain that provides a reliable way to verify the originality of digital
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A promising web3 future awaits in which :
💰 Money = Value
🔍 Value = Data
🚫 Current Blockchain = No Data = No Money
✅ LUKSO = Data Attached to Blockchain
🚀 So, LUKSO = Data = Value = Money
LUKSO is revolutionizing blockchain by making the flow of value and data free
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@cryptocom
@lukso_io
READ THIS :
After reading the LUKSO White Paper twice and fully understanding it, let me present to you…
→ The ONLY LUKSO THREAD you'll ever need !
My goal is to condense 70+ hours of work into one EASY-TO-UNDERSTAND thread.
It sounds like a mission impossible, but…
Let's get started!
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Users & Developers EXPLANATION (+ example) :
1⃣ FOR USERS :
👉 What is LSP20 - Call Verification ?
Imagine a smart contract like a high-tech security system that intelligently verifies every action based on changing rules and conditions.
LSP20 is a standard on the LUKSO
1
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LSP16 - Universal Factory EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
👉 What is LSP16 ?
Imagine being able to have your digital identity or contracts mirrored across different blockchain networks seamlessly.
LSP16 is a standard on the LUKSO blockchain that
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LUKSO's Smart Solution to the Blockchain Trilemma :
The Blockchain Trilemma presents a challenging scenario for blockchain networks, compelling them to prioritize two of the three critical aspects:
🔸Scalability
🔸Security
🔸Decentralization
Every serious blockchain projects,
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🔓UNLOCKING CREATIVITY WITH LUKSO🔓
Have you heard of LUKSO, the blockchain revolutionizing the creator economy ?
→ LUKSO stands out as the first blockchain for builders and developers, offering unparalleled flexibility and support for creating groundbreaking applications and
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How LUKSO Transforms Speculation into Real-World Impact ?
👉 With the crypto market reaching a staggering $1.6+ trillion cap, largely driven by speculation and limited real-world utility, LUKSO emerges, introducing practical applications into blockchain.
This shift marks a
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The Future of NFT & Tokens Standards (Part 1)
You might already be familiar with Universal Profiles (🆙), but there's another exciting development in the LUKSO space :
→ NFT 2.0 and the evolution of token standards
Let's dive into what this means and why it's significant 😎:
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LSP14 EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
👉 What is LSP14 ?
Imagine a two-step security system for transferring ownership of your digital assets or contracts, akin to a double-locked vault.
LSP14 introduces this secure process on the LUKSO blockchain,
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LSP9 EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
👉What is LSP9 ?
Imagine a highly secure digital safe where you can store your digital assets and control how they interact with other contracts.
LSP9 is essentially this - a vault standard for the LUKSO blockchain that
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LUKSO: The Blockchain for the New Creative Economy
This sounds intriguing, but what exactly does it mean?
👉 Let me clarify.
1⃣ What is the Creative Economy?
The creative economy is an ecosystem powered by creators.
These creators are individuals like you and me, using the
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→ The user experience path in Web3
🔸What We Need :
1⃣ Users discovers your dApp.
2⃣ They use your dApp.
🔸What We Have :
1⃣ A user discovers your dApp.
2⃣ They realize a native token is required, but they don't have it.
3⃣ The user goes to a Centralized Exchange (CEX) to
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ETH was the go-to DeFi blockchain.
Why "was" ?
Because LUKSO 😎
History has been made yesterday. First LSP7 pool deployed on Lukso testnet.
Are you fancy enough for DeFi on Lukso?
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To make things simple, I will explain LUKSO through seven questions, along with concrete examples :
1⃣ What is LUKSO ?
👉LUKSO is a blockchain specifically designed to support the fashion, lifestyle, and creative industries.
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LSP10 EXPLAINED for : Users VS Developers
1⃣ FOR USERS :
👉What is LSP10 ?
Imagine having a digital ledger that automatically updates every time you acquire a new digital vault, similar to LSP9.
LSP10 is a standard on the LUKSO blockchain that tracks and records every vault
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New GREAT member in the fam 😎
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That’s it for today, LUKSO enthusiasts !
In the effort to summarize a complex project like Lukso in one thread, I had to omit a lot of valuable information/ideas.
But don't worry, I will create a mini-series of threads that delve deeper into each aspect of the project 🔜
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→ What would a blockchain look like where its users didn’t even notice its presence ?
→ What would a blockchain look like where users don’t want to engage in complicated tasks, such as writing down a 20-word seed phrase on a piece of paper ?
→ What would a blockchain look
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However, to give you a small idea of “What can LUKSO really do”.
Here are 3 use cases that I particularly like :
🔸Funding : LUKSO lets creators raise money by selling their own custom tokens. This is a way to get support from people all over the world who like their work.
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LUKSO facilitates innovation and interactions between users and creators with its technology🆙
In a sense :
LUKSO is for the creative economy what Ethereum is for finance.
(with the distinction that LUKSO offers better and more user-friendly standards).
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Lukso is a L1 that provides safe and flexible standards for the growth of the creative economy.
It focuses on three main trends :
🔸Identification : Unique Identities
🔸Tokenization : Free movement of value and rules among users
🔸Virtualization : Creating digital experiences
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