LUKSO’s emergence at the forefront of blockchain innovation signals a thrilling new era. At its helm stands Fabian Vogelsteller, a visionary deeply committed to the potential of the platform. Fabian’s journey from pioneering Ethereum’s ERC-20 standard to co-founding LUKSO underscores his unwavering belief in the transformative power of blockchain technology.
His passion for advancing the industry was palpable in our exclusive interview, as he envisions LUKSO not just as a blockchain but as a vibrant ecosystem where culture, creativity, and community converge. Notably, Fabian’s dedication to LUKSO’s mission is evident in his tireless efforts to reimagine the social landscape of Web3. Through his leadership, LUKSO is poised to revolutionize social interaction, offering a user-centric platform that fosters inclusivity, accessibility, and innovation. As the team propels the ecosystem forward, their steadfast belief in its potential serves as a beacon of inspiration for the entire blockchain community.
Come along as we delve further into the latest developments within the network!
LUKSO blockchain
LUKSO operates as a Layer-1 blockchain tailored to meet the evolving demands of digital creativity and social interaction. Leveraging the Ethereum Virtual Machine (EVM) stack, LUKSO seamlessly integrates with compatible blockchains, enabling interoperability with existing Ethereum-based platforms and also forthcoming protocols.
Spearheaded by Fabian Vogelsteller, renowned for his contributions to Ethereum and the creation of the ERC-20 standard, alongside Marjorie Hernandez, a prominent figure in innovation and product strategy, LUKSO represents a pioneering endeavor to extend blockchain’s utility beyond financial realms. Their vision transcends mere transactional functionality, envisioning a more inclusive digital economy where creators and consumers can seamlessly engage in a vibrant ecosystem. Furthermore, through its versatile design, LUKSO serves as a cornerstone for integrating blockchain technology into creative industries, empowering artists, designers, and creators to authenticate, manage, and transact their work effortlessly.
Discover LUKSO’s latest advancements
The LUKSO Grants Program
The LUKSO Grants Program, a recent launch by the Foundation for the New Creative Economies (FNCΞ), allocated $1 million USD to fuel innovation within the LUKSO ecosystem. This initiative marks a significant milestone as it aims to promote the development of decentralized applications leveraging LUKSO’s smart contract standards and Universal Profiles. By inviting developers and founders to apply for support, the program accelerates innovation, offering financial resources and mentorship to bring projects from ideation to implementation. This inclusive grant program caters to a wide range of projects spanning various sectors, including Creator Economy & Social Media, DeFi, Fashion, Art, Music, and Gaming & Virtual Worlds.
Open to applications until June 16th, 2024, the LUKSO Grants Program evaluates proposals based on technical excellence, user experience, strategic fit within the ecosystem, and the expertise of the project team. Grantees gain access to a suite of resources, including mentorship sessions and technical workshops, ensuring projects align with LUKSO’s vision and receive practical insights. By nurturing innovation and providing a supportive environment, the grant program fosters growth and sustainability within the LUKSO ecosystem, inviting developers to contribute to the future of blockchain technology.
LUKSO holds its first Net Gala
The Net Gala in Brooklyn served as a stylish response to The Met Gala, focusing on the theme of internet surveillance. Reported on by TechCrunch and hosted by the social collective Boys Club, known for its podcast, newsletter, and events, the gala aimed to raise awareness while fundraising for the Lower Eastside Girls Club.
Co-founded by Deana Burke and Natasha Hoskins, Boys Club collaborated with LUKSO to organize the event. Notably, attendees, including stylish names in tech, fashion, and music, enjoyed interactive installations and performances, championing women-run tech and crypto companies. With a focus on creativity and technology, The Net Gala provided a platform for diverse talents to converge and spark collaborative magic, echoing the importance of such events in driving innovation and awareness in the digital age.
UniversalSwaps secured a position as a DEX Market on GeckoTerminal
The connection between UniversalSwaps and the LUKSO blockchain signifies a significant advancement in the DeFi space. UniversalSwaps, renowned for its role in bridging gaps within decentralized finance, has recently secured a featured spot on GeckoTerminal, a platform recognized for its real-time data tracking and analytics in DEX markets.
This collaboration not only amplifies UniversalSwaps’ visibility but also enhances its usability, offering traders a seamless experience in accessing and exchanging a diverse range of assets on the LUKSO blockchain. Significantly, the inclusion of UniversalSwaps on GeckoTerminal serves as a catalyst for increased accessibility, liquidity, trust, and security within the LUKSO ecosystem, underscoring the platform’s commitment to fostering innovation and community engagement. As UniversalSwaps continues to thrive and introduce new features, it positions itself as a frontrunner in the decentralized exchange space, with the potential to drive further adoption of the LUKSO blockchain across various sectors.
Universal Profile updates
You can now keep your Universal Profile safer by establishing a third-party wallet as a recovery method. Universal Profiles on the LUKSO blockchain represent a fundamental shift in the realm of decentralized social interaction. The founders recognized the pressing need for a standard to manage user accounts within a social blockchain ecosystem. Subsequently, this realization has led to the development of Universal Profiles, a core building block for LUKSO, aimed at attracting both creators and regular users to the platform.
Unlike existing solutions, Universal Profiles offer a versatile and user-friendly smartphone account system, addressing critical deficiencies in user history and creator identity. Fabian’s strategic vision extends beyond conventional blockchain norms, as he foresees Universal Profiles serving as permanent on-chain accounts for brands and institutions, enabling transparent and provenance-driven interactions with their communities.
Additionally, Universal Profiles can also be utilized by individuals like you, providing a social profile experience with unique elements like a personalized photo and link tree, promising an enriched dApp experience. This innovative approach not only enhances user engagement but also fosters trust and security within the LUKSO ecosystem, setting a precedent for decentralized social networks of the future.
Are you a developer on LUKSO’s blockchain and want to see the metadata on a Universal profile? You can now use the ERC-725 Inspect tool, one of just many developer resources.
Furthermore, if you want your developments to be featured on the LUKSO Ecosystem Page, you can fill out an application here.
Universal Page: the next-gen on-chain collectibles social marketplace
Universal Page serves as the premier LUKSO NFT marketplace, embodying the mission to democratize digital ownership. Here, you can seamlessly navigate collections and digital art while harnessing NFT 2.0 standards for heightened security and functionality.
With the innovative Web3 Page feature, you can effortlessly construct their branded NFT store, tailored to reflect their distinct style and branding. By minting a Page Name as an NFT, you gain access to a personalized domain link, simplifying the sharing and selling of their digital collectibles directly from their custom page. Moreover, the intuitive no-code editor streamlines the process of launching an NFT 2.0 collection on LUKSO, ensuring accessibility for all and empowering individuals to embark on their digital journey with confidence.
In a recently highlighted development, you can now streamline the process of selling multiple NFTs simultaneously! You can do this by visiting your profile page, clicking the “sell” button, selecting your items, setting prices, and listing them all in one transaction for added convenience.
Moreover, there are a few more developments surrounding how you manage your NFT collection. Firstly, you may also now manually add NFTs to your wallet, particularly if you cannot view them in your Universal Profile. Additionally, you can also use the protocol’s GRAVE feature to combat the issue of spam within the Web3 ecosystem. By automatically redirecting unwanted digital assets, including fungible and non-fungible tokens, to a specialized LSP9 Vault, you gain unprecedented control over your digital holdings. This innovative functionality, accessible through the Settings menu, empowers you to efficiently manage your assets and maintain your privacy and security.
Looking ahead
In conclusion, LUKSO’s recent advancements underscore its commitment to driving innovation and fostering a thriving ecosystem. The establishment of the LUKSO Grants Program, with its generous funding and support mechanisms, exemplifies the platform’s dedication to fueling decentralized application development across various sectors. This initiative not only accelerates innovation but also cultivates a collaborative environment, ensuring the growth and sustainability of the LUKSO ecosystem. Moreover, events like The Net Gala serve as vibrant showcases of creativity and technology, sparking meaningful conversations and raising awareness on pressing societal issues.
*Disclaimer: News content provided by Genfinity is intended solely for informational purposes. While we strive to deliver accurate and up-to-date information, we do not offer financial or legal advice of any kind. Readers are encouraged to conduct their own research and consult with qualified professionals before making any financial or legal decisions. Genfinity disclaims any responsibility for actions taken based on the information presented in our articles. Our commitment is to share knowledge, foster discussion, and contribute to a better understanding of the topics covered in our articles. We advise our readers to exercise caution and diligence when seeking information or making decisions based on the content we provide.
