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LUKSO
About LUKSO
LUKSO (LYX) is a blockchain network intersecting fashion, gaming, design, and social media, aiming to make blockchain accessible for creative industries. LYX, the native token, exists as LYXe on Ethereum and LYX on LUKSO, representing the same asset on different blockchains. It secures and supports the LUKSO Blockchain, facilitating transactions and interactions within the network. LUKSO was established by Fabian Vogelsteller, a former DApp developer at Ethereum, and Marjorie Hernandez, who has a background in innovation and product development.
LUKSO (LYX) is a blockchain network that serves as a multifaceted platform at the intersection of fashion, gaming, design, and social media. The network is designed to make blockchain technology accessible and practical for a broader audience, focusing particularly on the creative industries. It aims to pioneer a new direction in decentralized applications through smart contract-based infrastructure and industry-inclusive standards processes.
LYX is the native token of the LUKSO Blockchain, essential for maintaining the network's decentralized infrastructure. It exists in two forms: LYXe on the Ethereum Blockchain and LYX on the LUKSO Blockchain, both representing the same asset on different blockchain networks.
The primary use of the LYX token is to secure and support the LUKSO Blockchain. It is integral to the execution of transactions and interactions within the network, facilitating the creation and exchange of digital assets and applications in the creative industries targeted by LUKSO. This makes LYX a crucial component in LUKSO's vision of fostering innovation and interaction in digital lifestyle ecosystems.