LUKSO is the blockchain built for social, culture and creators.

Introduction

LUKSO Introduction (1 min)
  • LUKSO is an EVM blockchain that is social by default and designed for social, cultural and creative use cases
  • The network was Initiated by Fabian Vogelsteller, author of the ERC20 standard and builder of Mist and web3.js
  • LUKSO is tackling adoption from a whole new approach by innovating on a set of new standards, LUKSO Standard Proposals (LSPs), and Universal Profiles (UPs). Universal Profiles overcome the limitations of traditional blockchain accounts by enabling more secure, flexible, and user-friendly identities with a gas-less experience. Create a πŸ†™ here!

  • Universal Profiles (UPs) are your unified account system for the future. It allows users to manage everything with full control and enhanced security. It is also fully customisable, adaptable and with unlimited profile information your Universal Profile can be as unique as you are
  • LUKSO Standard Proposals (LSPs) are a comprehensive set of standards foundational to identity and ownership on the LUKSO blockchain. These proposals create an open, permissionless environment that fosters a new paradigm of decentralised applications, enabling innovative ways for individuals to interact and collaborate

Highlights

  • Team has been actively developing tech in stealth for the last 4 years, mainnet is live for dApp building as of this year after the release of Universal Profiles (UPs) and LUKSO Standard Proposals (LSPs)
  • Early creator and brand adoption through Dematerialised:
  • 100,000+ validators (completely community driven as no validators are run or delegated by Foundation)
  • 63,000+ community that is engaged, devoted and formed organically
  • 27,000+ Universal Profiles created
  • 40+ projects already building prior to 1st quarterly grants wave launched in June 2024, which attracted 112 project submissions from over 500 builders across 52 countries

Founders

  • Fabian Vogelsteller was part of the Ethereum Foundation in its early days. In 2015 he authored ERC20 and built the Ethereum Provider, Mist Browser and tools like web3.js, the most used JavaScript library in the blockchain space
  • Marjorie Hernandez is a design and blockchain leader with an architectural background. She co-founded The Dematerialised, a web3 fashion marketplace, and LUKSO. Her work is recognized in Vogue Business, Bloomberg, and Forbes

Past Advisors

Meet UP! 2 (1 min)
Meet UP! 1 (1 min)
The Internet is Broken (25 mins)
The Future of the Creative Economy (17 mins)

Select Projects

#
Type
Name
Status
Description
Links
1
Social
Universal Page
Mainnet
Social marketplace for on-chain collectibles.
🌐 🐦
2
Social
Common Ground
Mainnet
Web3-native Discord that empowers communities.
🌐 🐦
3
Music
District VR
Pre-launch
Cross reality VRDJ, club & festival simulator.
🌐 🐦
4
Music
StreamGate
Pre-launch
Incentivises listening of artists on Spotify & rewards them.
🌐 🐦
5
Creators
Dematerialised
Mainnet
Experiential market-space for virtual goods.
🌐 🐦
6
Creators
UpTurn
Mainnet
Loyalty and cultural token generator for artists.
🌐 🐦
7
DeFi
Universal Swaps
Mainnet
Social profile crypto trading protocol on LUKSO.
🌐 🐦
8
DeFi
Defolio
Pre-launch
Universal Profile portfolio management and deFi dApps.
🌐 🐦
9
Community
Mustaa
Pre-launch
Where sailing enthusiasts and crypto innovators converge.
🌐 🐦
10
Community
KEEZ
Live
Community media group, spreading LUKSO pink pills.
🌐 🐦

Token Distribution and Decentralisation

Initial token distribution at mainnet launch, note that β€œIncoming Supply” was released at that point in time.
  • Total supply of 42M at mainnet launch in May 2023
  • Combined ownership of Founders is 5% of total supply
  • No large VCs during seed & private rounds (80+ strategic angel investors)
  • All early investors (seed, private, public) were 100% unlocked by mainnet launch
  • Blockchain is completely community driven as the Foundation does not currently run (or delegate) a single validator on the network
  • Foundation has a restrictive clause in deed to prevent it from ever holding a controlling position as a validator on the network
  • Foundation will freeze 70% of its LYX holdings over 5 years (removing from the total supply), triggered when the circulating market cap sustains above €2BN for 6 months