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New Tokenomics? Is that even allowed?!
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$LYX / Lukso Lukso.network
Lukso $LYX - LUKSO is a blockchain platform created to revolutionize the fashion and lifestyle industry by providing a decentralized ecosystem. Founded by Fabian Vogelsteller, a prominent figure in the blockchain space, LUKSO focuses on enhancing transparency and authenticity in the fashion sector through the use of blockchain technology. The platform leverages its native utility token, LYX, to power decentralized applications (dApps), enabling features like non-fungible tokens (NFTs) for unique digital and physical assets representation. Vogelsteller's leadership brings expertise to the project, aiming to bridge the gap between the digital and physical realms of the fashion industry, fostering collaboration among brands, developers, and consumers. Fabian Vogelsteller is a notable figure in the blockchain space, recognized for his significant contributions to Ethereum. He played a pivotal role in the development of Ethereum's ecosystem, particularly by proposing and co-authoring the ERC-20 token standard. ERC-20 has become a foundational standard for creating fungible tokens on the Ethereum blockchain, contributing to the widespread adoption of initial coin offerings (ICOs) and the broader tokenization of assets. Vogelsteller's involvement in Ethereum extends beyond token standards. He is known for his work on the Ethereum Mist browser, which was an early interface for interacting with decentralized applications (dApps) on the Ethereum blockchain. This browser aimed to provide a user-friendly gateway to the decentralized web, showcasing Vogelsteller's commitment to improving the usability of blockchain technology. Given his instrumental contributions to Ethereum's early development, Vogelsteller's expertise and experience have likely influenced his subsequent venture, LUKSO. His work reflects a commitment to advancing blockchain technology and its applications, particularly in industries like fashion and lifestyle through the LUKSO platform.
You just have to shill the right coins /s If I had to I would shill LYX, but no shilling to friends and family
Any thoughts on LYX now that it is on Crypto.com?
I'd always be weary of governance tokens - but i'm sure they will be profitable nonetheless. I've still holding my punts on SOLVE and LYX
That person is wrong. LYXe is now LYX and circulating supply is around 70%
Not what I hold the most of but the one I most want more of is $LYX
I actually picked ujp a small back of LUKSO (LYXe) before it re-bvranded and hit mainnet. *LUKSO (LYX) is a blockchain infrastructure, providing a series of solutions for physical and digital consumer goods, which aim to facilitate transparency, circularity and new forms of responsible production & consumption.* Nothing too drastic, but I'll hold and wait for next alt-season
tldr; ERC-20 inventor Fabian Vogelsteller discusses the origins of ERC-20 and his motivation for creating the Lukso blockchain. He explains that Lukso is focused on mainstream use cases such as lifestyle, fashion, social media, and content creation. Vogelsteller also talks about the traction of Lukso and the reasons for creating a separate blockchain instead of launching it as a layer-1 or layer-2 on Ethereum. He dismisses the BRC-20 token standard and expresses his thoughts on Bitcoin's limitations. Vogelsteller mentions the ICO for Lukso and the foundation's holdings of LYX tokens. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*