Technology
Fashion
Blockchain
Identity
NFTs
Data Governance
Digital Economy
Virtualization
Tokenization
Digital Collectibles
1. LUKSO $LYXE
A PoS blockchain from the creator of ERC-20, ERC-725, and web3.js @feindura. LUKSO is focused on the fashion industry, NFTs, and personalized avatars, encompassing the entire lifestyle economy.
A PoS blockchain from the creator of ERC-20, ERC-725, and web3.js @feindura. LUKSO is focused on the fashion industry, NFTs, and personalized avatars, encompassing the entire lifestyle economy.
2. Three Pillars
*Data Governance* - sovereign, universal and transferable identity
*Virtualization* - mapping physical commodities to virtual networks through digital twin technology.
*Tokenization* - digital collectibles and their use in the lifestyle economy.
*Data Governance* - sovereign, universal and transferable identity
*Virtualization* - mapping physical commodities to virtual networks through digital twin technology.
*Tokenization* - digital collectibles and their use in the lifestyle economy.
3. Four Tech Components
- Vanguard Consensus Engine
- Pandora Execution Engine
- LUKSO Orchestrator
- Validator Client
- Vanguard Consensus Engine
- Pandora Execution Engine
- LUKSO Orchestrator
- Validator Client
4. Tokenomics
*15m circulating supply
*Max supply cap of 100m tokens
*2nd Public Sale was not released and sent to the community DAU Treasury
*Current MC $182m / Full Diluted MC $1.2bn
*15m circulating supply
*Max supply cap of 100m tokens
*2nd Public Sale was not released and sent to the community DAU Treasury
*Current MC $182m / Full Diluted MC $1.2bn
5. First Ever Reversible ICO (rICO)
@feindura also coined rICO with LUKSO. Simply, buyers reserve tokens and then buy those reserved tokens over a period of time automatically. During this time buyers have the option to return still reserved tokens for $ETH anytime.
@feindura also coined rICO with LUKSO. Simply, buyers reserve tokens and then buy those reserved tokens over a period of time automatically. During this time buyers have the option to return still reserved tokens for $ETH anytime.
6. ERC-725 (LSP0)
@feindura hates the current EOA digital wallet standard where everything comes down to one scary private key. LUKSO will use smart contract-based profiles that include key managers, and user-friendly backup systems.
@feindura hates the current EOA digital wallet standard where everything comes down to one scary private key. LUKSO will use smart contract-based profiles that include key managers, and user-friendly backup systems.
7. Universal Profiles
Combining the EC725 Account and the Storage Schema enables contract-based user profiles to be readable and writable in a standardized way. Universal Profiles are the first use case on top of LUKSO’s account standard.......
Combining the EC725 Account and the Storage Schema enables contract-based user profiles to be readable and writable in a standardized way. Universal Profiles are the first use case on top of LUKSO’s account standard.......
7.5 Universal Profiles
They represent interoperable profiles and can interact peer-to-peer with anything on the blockchain. Universal Profile Metadata defines a set of attributes developers can add to an ERC725 account to transform into a profile with images, names, tags, etc.
They represent interoperable profiles and can interact peer-to-peer with anything on the blockchain. Universal Profile Metadata defines a set of attributes developers can add to an ERC725 account to transform into a profile with images, names, tags, etc.
8. Multifunctional NFTs
The Received Assets standard describes how keys within the key-value store of the Storage Schema can reference the address of assets. The standard holds an array of the asset's smart contract addresses and an asset map to verify them....
The Received Assets standard describes how keys within the key-value store of the Storage Schema can reference the address of assets. The standard holds an array of the asset's smart contract addresses and an asset map to verify them....
9. Received Asset
The standard within the account also fixes the pruning issue, as acquired assets are referenced from the UPs. Storing all received assets is a huge entry point for a new wave of blockchain applications. It dramatically reduces complexity while querying datasets
The standard within the account also fixes the pruning issue, as acquired assets are referenced from the UPs. Storing all received assets is a huge entry point for a new wave of blockchain applications. It dramatically reduces complexity while querying datasets
10. Key Manager
Users can add multiple keys or services to their UP to execute different actions. The Key Manager standard solves the problem of who can do what on everyone's UPs by checking permissions and restricting specific activities of certain devices or keys.
Users can add multiple keys or services to their UP to execute different actions. The Key Manager standard solves the problem of who can do what on everyone's UPs by checking permissions and restricting specific activities of certain devices or keys.
11. Relay Services
These are backend systems that execute users' transactions on their behalf, so the onboarding does not require initial funds from their wallets. The relayer will continuously listen, pool signed transactions, check if they are valid, and send them to....
These are backend systems that execute users' transactions on their behalf, so the onboarding does not require initial funds from their wallets. The relayer will continuously listen, pool signed transactions, check if they are valid, and send them to....
11.5 Relay Services
the respective Key Manager of a profile on the blockchain. The Key Manager then verifies that it was signed by a key controlling the UP, and the transaction gets executed.
the respective Key Manager of a profile on the blockchain. The Key Manager then verifies that it was signed by a key controlling the UP, and the transaction gets executed.
11.75 Free Gas
Payments can be subsidized by companies with users who already pay a subscription fee or indirectly bring value by watching advertisements or starting their onboarding process.
Payments can be subsidized by companies with users who already pay a subscription fee or indirectly bring value by watching advertisements or starting their onboarding process.
12. Phygitals
Items with NFC chips, QR codes, etc can be connected with a digital certificate on the LUKSO blockchain to offer a digital twin for real-world assets. ex. Would be the fashion industry clothing collections that can be verified and matched to serial numbers of NFTs.
Items with NFC chips, QR codes, etc can be connected with a digital certificate on the LUKSO blockchain to offer a digital twin for real-world assets. ex. Would be the fashion industry clothing collections that can be verified and matched to serial numbers of NFTs.
15. More Thoughts
Its EVM based so developing on it will be simple, and users will be able to flock seamlessly. Market Cap is just around $1b fully diluted so the growth is still there. VC allocation is small and the community is DAO-centric. And @feindura will keep shipping.
Its EVM based so developing on it will be simple, and users will be able to flock seamlessly. Market Cap is just around $1b fully diluted so the growth is still there. VC allocation is small and the community is DAO-centric. And @feindura will keep shipping.
If you got any value out of this give the first tweet a like, follow for another 360 days of crypto, and share it with your mother.
@SwoleLuksoBags @luksogood @LuksoBalller @lukso_io @dematerialised @chirmainman @thenextweb @DexGemsReal @CardilloSamuel @Xelaversed @ethalorian
@SwoleLuksoBags @luksogood @LuksoBalller @lukso_io @dematerialised @chirmainman @thenextweb @DexGemsReal @CardilloSamuel @Xelaversed @ethalorian
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