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September 19, 2020
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When Blockchain reaches the masses. Here comes LUKSO!

Understand how LUKSO intends, in a simple way, to popularize the use of blockchain technology in everyday activities.

Allen Lee, founder of QLC chain, believes that “the day when blockchain technology is used in everyday life is the day when people will stop talking about blockchain”. Currently, everyone is talking about creating blockchain technology in wide application, but it seems that nobody is doing it. So here comes LUKSO.

LUKSO: Understanding your concept

LUKSO’s focus is on facilitating blockchain use cases, particularly in areas such as digital lifestyle. LUKSO is a Blockchain EVM (Ethereum Virtual Machine) and PoS (Proof of Stake) focused on conventional applications for fashion, games, design and social media, as well as brands and the future virtual social world. For example, a specific chip is used to verify the authenticity and origin of products, assigning them a unique ID based on blockchain technology.

Most experts agree that the current state of the blockchain can only be compared to where the internet was in the 90s. This means that blockchains are currently slow and full of complicated processes that hinder mass adoption. While getting blockchain to the masses is not easy, nothing works better than exchanging ideas with other talents.

Strong names support the project

Today, Fabian Vogelsteller works as a Blockchain Architect, leading the development of LUKSO’s Blockchain technology, while Marjorie works with Product Development, leading the concept, design and development of LUKSO. The progressive convergence of creativity and technology is carefully reflected by the composition of LUKSO’s advisory board, including experts from the fashion, technology, media and banking sectors.

Fabian is one of those early Ethereum developers and a leader in blockchain technology. Together with Vitalik Buterin, he proposed the ERC20 token standard, which started the worldwide ICO wave and redefined crowd investment and participation as we know it. Fabian created many projects aimed at Ethereum users and developers, including the Ethereum Mist browser, Ethereum Wallet and web3.js – the most used JavaScript library in the Ethereum space.

Marjorie Vogelsteller has spent most of her professional career creating ideas and concepts for clients, ranging from well-known artists and creative agencies to large consulting firms. More recently, Marjorie worked for an innovation lab at one of the four big companies.

Blockchain was a very important topic in the innovation lab. At that point, she started to become interested in blockchain. Marjorie believes that blockchain has a lot of potential when it comes to the future of fashion. In fact, not just the fashion industry, there are massive industries that have many of the same problems as the pharmaceutical and automotive industries: transparency, origin and counterfeiting. Marjorie knew that blockchain had the potential to solve all of these problems.

Availability of LUKSO with KuCoin

KuCoin launched the LUKSO (LYXe) sales round on the KuCoin Spotlight on May 20, 2020 (UTC + 8). IEO at KuCoin was a super limited pre-sale. There were only 1 million LYXe on sale for $ 0.22 / LYXe ($ 220,000). LUKSO offered KuCoin users the opportunity to enter the lowest possible price, reaching a price slightly lower than the price of private sale.

The token can now be purchased at the exchange through the LYXe / ETH and LYXe / USDT pairs.

Do you want to know more about the LUKSO token selling program in KuCoin Spotlight? Join our Telegram discussion group now: https://t.me/LUKSOKuCoin (LUKSO Discussion Group in KuCoin Spotlight)

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