What is Lukso (LYXe)? | Lukso Coin Explained in Under 60 Seconds

Lukso (LYXe) is a proof-of-stake blockchain network enabling a new economy based on Cultural Currencies, Digital Certificates & Universal Public Profiles. Lukso Coin (LYXe) is the ETH Blockchain version of the Lukso native cryptocurrency LYX. LYX is used for fee payments, infrastructure security and staking.

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Lukso was founded by Fabian Vogelsteller, Ethereum developer and the creator of ERC20.

The Lukso Multiverse will help create a new digital ecosystem focused on fashion, gaming, design & social media.

Universal Public Profiles are blockchain-based user profiles that provide universal logins, and allow for economic and verifiable interactions.

Digital Certificates (NFTs) provide digital identities that can be established for physical & digital products. Unique characteristics are permanently visible on creative goods.

Cultural currencies are digital tokens used as a transfer of value for platform activity, and to connect digital communities.

WEBSITE: https://www.lukso.network/