LUKSO lyxe

LUKSO network (LUKSO) is a blockchain providing a series of standards and solutions tailored to servicing the creator economy and future digital lifestyles. The LUKSO network is specifically designed to cater to the emerging creator economy through creating a new set of applications, focusing on fashion, games, creativity and life use cases.

LUKSO is the digital base layer for the modern creative economies. It enables the lifestyle, fashion, media, and design spaces to drive innovation around the core themes of future creative work. This includes the ways in which creators coordinate with their communities and projects, engage with consumers and collaborators, automate their interactions, and trust their transactions. It redefines how assets can be managed, collections showcased, and brands experienced. It is the technological playground for creative professionals to shape emerging trends and unleash their creative force.

LUKSO was founded in 2017 by Marjorie Hernandez and Fabian Vogelsteller—creator of the ERC-20 token standard on Ethereum (the Team).

LUKSO targets lifestyle, art and fashion use cases to move blockchains beyond financial use. The network aim’s to achieve this through a few core principles:

• Universal public profiles: Allow for universal logins and a unique digital identity. This allows users to leverage their reputation, securely vote, transact and interact.
• Digital certificates: Ties in an additional layer of ownership for physical and digital creative goods.
• Building economic communities: Aims to develop a range of cultural currencies as a connective tool for lifestyle and social communities to encourage participation, inclusivity and facilitate a growing creator economy. 

LUKO’s native token is LYXE, created for fundraising during its reverse ICO in Jun. 2020. Once the LUKSO network launches, LYXE will be bridged to the LUKSO network and converted to LYX.

LYXE has 2 core purspoes:

• Secure the network and reward PoS validators.
• Pay contributors and community bounties.
• Governance (TBD).

LYXE launched through a reverse ICO where users could exchange ETH for LYXE. Once the network is established, the genesis block will create 100,000,000 LYX with roughly 35% of supply tokens in circulation.

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