๐—Ÿ๐—จ๐—ž๐—ฆ๐—ข ๐—ง๐—›๐—ฅ๐—˜๐—”๐—— - $LYXe ๐ŸŽฏ
My sights are set on the next target,
@lukso_io. Let's gather intel on LUKSO in this 31 part thread to decide whether or not to pull the trigger. #LYXe 1/31
๐—ช๐—ต๐—ฎ๐˜ ๐—œ๐˜€ ๐—Ÿ๐—จ๐—ž๐—ฆ๐—ข? - ๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„
LUKSO is a multiverse blockchain network for the new digital lifestyle, uniting the worlds of fashion/design, gaming and social media under one platform for the next wave of mainstream blockchain applications. $LYXe 2/31
๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐Ÿฎ
LUKSO is the infrastructure for the social web 3.0, building the foundation for lifestyle consumption in the coming virtual social world and serving as the ecosystem for this new wave of applications created for the lifestyle industry. $LYXe โ›“๏ธ 3/31
๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐Ÿฏ
LUKSO is extremely relevant to influencers, creators, artists and brands as well as their respective communities/audiences as they โ€œBlockchainifyโ€ the social web, making blockchain tech more accessible for creators and inclusive for everyone. $LYXe 4/31
๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐Ÿฐ
LUKSO isnโ€™t just building an app, they are creating a digital ecosystem for the fast approaching dematerialization of our lifestyle consumption. LUKSO believes that much more can be done with #NFTs in regard to their usability and potential. $LYXe 5/31
๐—Ÿ๐—จ๐—ž๐—ฆ๐—ขโ€™๐˜€ ๐Ÿฏ ๐—ž๐—ฒ๐˜† ๐—ฃ๐—ฟ๐—ถ๐—ป๐—ฐ๐—ถ๐—ฝ๐—น๐—ฒ๐˜€
The 3 key principles that guide LUKSO's vast range of applicability are identification, virtualization & tokenization. These 3 principles go hand in hand allowing information, value & ownership to flow freely between them. $LYXe ๐Ÿค6/31
๐—œ๐—ฑ๐—ฒ๐—ป๐˜๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป
Identification gives everything and everyone in LUKSOโ€™s digital lifestyle ecosystem a unique digital ID. Blockchain-based identities are permanent, portable and interoperable allowing users to maintain their reputation universally. $LYXe ๐Ÿ‘ค 7/31
๐—œ๐—ฑ๐—ฒ๐—ป๐˜๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐Ÿฎ
Owners have full control over their digital selves and the data attached to them. IDโ€™s can be used by creators or brands to foster transparency, and by users for greater convenience and control. (Universal Public Profiles) $LYXe โœ… 8/31
๐—œ๐—ฑ๐—ฒ๐—ป๐˜๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐Ÿฏ
Additionally, by using RFID-chips digital IDs can be created for physical items, making them โ€˜phygitalโ€™ with a unique product DNA. $LYXe 9/31
๐—ฉ๐—ถ๐—ฟ๐˜๐˜‚๐—ฎ๐—น๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป
Virtualization is essentially the process used to transfer properties of physical products in the real world to the virtual world, expanding the depth of ownership to all dimensions both physical and digital. $LYXe 10/31
๐—ง๐—ผ๐—ธ๐—ฒ๐—ป๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป
Tokenization converts a variety of rights into custom tokens that can represent value, obtain assets or prove loyalty etc. Tokens are customizable allowing brands or creators to decide their functionality, supply, name, branding and more. $LYXe ๐Ÿช™ 11/31
๐—ง๐—ผ๐—ธ๐—ฒ๐—ป๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐Ÿฎ
Token economies will essentially allow creators or brands to strengthen user/customer relationships and experiences by tokenizing services or products, while lifestyle communities could apply their tokens to take part in mass-crowd voting. $LYXe 12/31
๐—ฅ๐—ฒ๐—ฎ๐—น ๐—ช๐—ผ๐—ฟ๐—น๐—ฑ ๐—จ๐˜€๐—ฒ ๐—–๐—ฎ๐˜€๐—ฒ
As of 2017, counterfeiting costs the fashion industry ~$450 billion per year. Could LUKSO be the solution? Blockchain tech can verify the authenticity of a product by tracking its lifespan from creation to distribution etc. $LYXe ๐Ÿง 13/31
๐—จ๐˜€๐—ฒ ๐—–๐—ฎ๐˜€๐—ฒ ๐Ÿฎ
A designer handbag for example could have its own digital identity that lists important information like knowledge of its producer, materials and previous owners, therefore authenticating the itemโ€™s value and history. $LYXe โœ… 14/31
๐—จ๐˜€๐—ฒ ๐—–๐—ฎ๐˜€๐—ฒ ๐Ÿฏ
LUKSO makes it possible to create digital IDs for real-life items. Imagine not only being able to prove that a Gucci bag was authentic, but that it was previously owned by Floyd Mayweather, further increasing its true value and authenticity. $LYXe 15/31
๐—ฅ๐—ฒ๐—ฎ๐—น ๐—ช๐—ผ๐—ฟ๐—น๐—ฑ ๐—˜๐˜…๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ
LUKSO will change the way creators organize their communities, engage with consumers, automate interactions and trust transactions. For example, what if Kanye West was able to issue custom branded tokens to his loyal fanbase? ๐Ÿค” $LYXe 16/31
๐—ฅ๐—ฒ๐—ฎ๐—น ๐—ช๐—ผ๐—ฟ๐—น๐—ฑ ๐—˜๐˜…๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐Ÿฎ
Those custom tokens could then be traded for real-life Yeezys, or a limited edition digital album, or even converted into a digital currency of the decentralized future. The possibilities are practically endless. $LYXe 17/31
๐—ง๐—ฒ๐—ฎ๐—บ ๐Ÿฎ
Fabian also developed crucial technology that the $ETH network uses to this day including the Mist Browser, web3.js and the official #Ethereum Wallet. Fabian is a highly credited #blockchain veteran and visionary futurist. $LYXe 19/31
๐—ง๐—ฒ๐—ฎ๐—บ ๐Ÿฐ
Marjorie has been active in the #blockchain space for over 5 years, working on Business Implementations using #Ethereum for large companies at the EYโ€™s Innovation Lab in Germany that she built and led prior to starting LUKSO. $LYXe 21/31
๐—ง๐—ฒ๐—ฎ๐—บ ๐Ÿฑ
LUKSO is advised by leaders in fashion & technology including Daniel Heaf - Vice President of Digital at Nike, Dr Berndt Hauptkorn - President of CHANEL Europe and Rajeev Aikkara - Vice President of Digital at Burberry. More Advisors pictured below. ๐Ÿ‘‡ $LYXe 22/31
๐—˜๐˜…๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ผ๐—ณ ๐—Ÿ๐—จ๐—ž๐—ฆ๐—ขโ€™๐˜€ ๐—œ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ก๐—ฎ๐˜๐˜‚๐—ฟ๐—ฒ
LUKSO's Founder Fabian proposed the worldโ€™s first reversible ICO (rICO) in 2018. In an rICO, investors reserve tokens which are then purchased automatically over an 8 month period for investor safety. $LYXe 23/31
๐—˜๐˜…๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ผ๐—ณ ๐—Ÿ๐—จ๐—ž๐—ฆ๐—ขโ€™๐˜€ ๐—œ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ก๐—ฎ๐˜๐˜‚๐—ฟ๐—ฒ ๐Ÿฎ
During that 8 month period of time, rICO investors are free to return tokens still within their reserve time at any point and reclaim the equivalent amount of $ETH. $LYXe ๐Ÿค 24/31
๐—ช๐—ต๐˜† ๐—•๐˜‚๐—ถ๐—น๐—ฑ ๐—ฎ ๐—ฆ๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ก๐—ฒ๐˜๐˜„๐—ผ๐—ฟ๐—ธ?
Why not build this ecosystem on the 2nd largest #blockchain that Vogelsteller himself helped build, #Ethereum? Scalability and interests, thatโ€™s why. $LYXe ๐Ÿ”จ 25/31
๐—ฆ๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ก๐—ฒ๐˜๐˜„๐—ผ๐—ฟ๐—ธ ๐Ÿฎ
#Blockchains donโ€™t scale endlessly, and the current interest in the $ETH network is mainly #DeFi. LUKSO is focusing on a new digital lifestyle, targeting things that arenโ€™t big on ETH like artists, brands and other social groups. $LYXe ๐ŸŽฏ 26/31
๐—ฆ๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ก๐—ฒ๐˜๐˜„๐—ผ๐—ฟ๐—ธ ๐Ÿฏ
Fabian sees a future with different chains around different communities and demographics, like an internet for #blockchains. LUKSO is a base layer capable of connecting to other chains, allowing assets to flow freely between them. $LYXe โ›“๏ธ 27/31
๐—Ÿ๐—ผ๐—ผ๐—ธ๐—ถ๐—ป๐—ด ๐—™๐—ผ๐—ฟ๐˜„๐—ฎ๐—ฟ๐—ฑ
The current launch date for the LUKSO #blockchain is planned for Spring 2021 (right around the corner). Linked below is the latest update from the team on the status of the LUKSO mainnet. $LYxe 28/31 https://medium.com/lukso/lukso-mainnet-progress-update-1-5d678e47a3eb
๐—˜๐˜…๐˜๐—ฟ๐—ฎ ๐—–๐—ฟ๐—ฒ๐—ฑ๐—ถ๐˜
LUKSO and @fanzone_io join forces to create the next generation of sports collectibles. Users will be able to buy digital cards, compete in fantasy sports challenges and play in virtual stadiums. @fanzone_io cards will run using LUKSOโ€™s tech. $LYXe 29/31
๐—ช๐—ต๐—ฒ๐—ฟ๐—ฒ ๐—ถ๐˜€ ๐—Ÿ๐—จ๐—ž๐—ฆ๐—ข ๐—›๐—ฒ๐—ฎ๐—ฑ๐—ถ๐—ป๐—ด?
These are very different projects, but let's look at other blockchain networks for an idea of LUKSO's potential.

Market Caps
$TRX - $8B
$EOS - $5B
$LYXe - $168M

Until $LYXe's market cap is billions, it is undervalued IMO. ๐ŸŽฏ 30/31
๐—–๐—ผ๐—ป๐—ฐ๐—น๐˜‚๐˜€๐—ถ๐—ผ๐—ป
The LUKSO team is highly technical & innovative with advisors from a number of esteemed leaders in fashion & technology. The Founder is a visionary in the blockchain space & has the technical expertise to make such a bold concept come to fruition. $LYXe 31/31
Iโ€™ll just leave this here as a little piece of bonus speculation... ๐Ÿš€ $LYXe
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