What is LUKSO (LYXe)?

Modified on Fri, 17 Feb, 2023 at 1:51 AM

LUKSO is a blockchain network that can use smart contracts. It was created with the aim of supporting the adoption of physical and digital consumer or luxury goods — fashion, game, or social network- into the blockchain network. Not only that, it adds transparency features that are the hallmark of blockchain technology, to prevent problems. For example, counterfeiting, including supporting the development of new products.

LUKSO is co-founded by Fabian Vogelsteller, who invented the ERC-20 and ERC-725 token and NFT standards based on Ethereum, as well as web3.js and Mist Browser.

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