INSANE POTENTIAL – 187X Crypto Altcoin Gem | Lukso LYXE

The Lukso mainnet has launched on May 23, 2023, marking a significant milestone for the multiverse project. It promises to offer a unique, innovative approach that will change the landscape of the industry. Stay tuned for the upcoming developments and advancements.

The world of cryptocurrency is known for its volatility and unpredictability. A new cryptocurrency seems to emerge almost every day, and investors are always looking for the next big thing. Among the many cryptocurrencies in the market, one that appears to have an insane potential to take off is the Lukso LYXE.

Lukso LYXE is an altcoin that operates on the Ethereum blockchain. It aims to become the go-to platform for fashion, gaming, art, and other creative industries. It’s being developed by Fabian Vogelsteller, the creator of ERC-20 tokens, which helped pave the way for Ethereum’s success.

Lukso has already attracted attention from a wide range of investors and industry professionals. Its advisory board includes notable names such as Stefan Heinrich Henriquez, the CMO of Adidas, and Gary Vaynerchuk, the founder of VaynerMedia.

So, why do experts believe that Lukso has insane potential? For starters, the fashion and gaming industries are enormous markets that have yet to experience the full impact of blockchain technology. Lukso has the potential to bring innovation and efficiency to these industries, which could lead to significant growth.

Secondly, Lukso’s team has a proven track record of success in the cryptocurrency world. Vogelsteller has been working in the industry for over a decade and has a good understanding of what it takes to develop a successful cryptocurrency.

Additionally, Lukso has partnerships with leading companies such as Miele, ASICS, and Deloitte, which can help the platform gain widespread adoption and acceptance.

Finally, Lukso’s tokenomics are well-designed to incentivize users to hold LYXE tokens. The token is used for transactions on the platform, and holders can participate in governance and receive a share of platform revenue.

In conclusion, Lukso LYXE appears to have insane potential as a cryptocurrency. Its focus on creative industries, experienced team, high-profile partnerships, and well-designed tokenomics make it a compelling investment opportunity. While no investment is without risk, Lukso’s potential makes it a cryptocurrency that investors should keep an eye on.

187x crypto gem Luxo ticker l-y-x-e is all set to explode price performance has not been very impressive lately but then again that represents an opportunity to buy up a quality project on the dip because the big news is that luxo’s mainnet is launching tomorrow May 23rd what does this mean for the lexo

Ecosystem and its token lyxe Welcome guys to the channel my name is Maddie and this is altcoin Buzz do not forget about our new partnership with by bit they are giving away thirty thousand dollars in bonuses you also stand a chance to win a new iPhone 14. check out the links in the description of this

Video or stick around till the end and I’ll explain it in a little more detail best of luck as always if you choose to invest just remember that I am not a financial or investment advisor and so this video is not official Financial or investment advice what is Luxo first of

All they’re creating the new creative economy that’s what they’re calling it so think of this as a Multiverse blockchain Network and honestly we need it because it’s kind of like the actual internet where many things are going to come together so for example things like lifestyle industry fashion various

High-end Brands gaming nfts 2.0 design social media and perhaps most importantly privacy and if they can successfully pull off even one or two of those categories I just mentioned Luxo is going to be attracting millions of users the team built Luxo from the ground up and it’s kind of like

Ethereum’s little brother because it’s built on its protocol but not its blockchain but before we discuss its main net let’s first have a look at who founded the project this is always important because a strong team an experienced team means a solid potential project that stays in the game whether

We’re in a bull or a bear cycle and that is exactly what Luxo is all about so meet Fabian Vogel stellar and Marge Hernandez Fabian was part of the ethereum foundation and a few of the things he built include the first official ethereum wallet web 3.js which

Is a tool that became the most used Java library and the erc20 token no big deal right and then Marjorie is an entrepreneur and designer she looks after the fashion part of Luxo she also has her own website dematerialized or dmat for short and of course this is

Built on Luxo so we have here a very knowledgeable and well established founding team and that is always a good start I’d argue it’s a crucial first step and with that in mind it’s now time to understand what’s happening with Luxo tomorrow on Tuesday May 23rd on May 23rd

The Luxo mainnet is finally arriving and this is a big moment for the Luxo project this also brings me to the lyxc Token which is the native token however the E actually stands for ethereum and then once the main net is here there’s going to be a mechanism that will let

You transfer l y x e to the Luxo chain and then here it’s going to become l y x the current price of l y x e is 10.87 on the whole you can see it’s going down especially in these last 24 hours but over the last year it’s 135

Percent up the market cap right now sits at 180 million dollars and there is a finite supply of 100 million l y x currently over 15 million are in circulation however during the mainnet release this amount is going to double so be ready for possible dumps at least

In the short term and temporarily and that could be an accumulation time for you it’s your choice not Financial advice but once again we expect this downward Trend to continue in the short term for context however lyxy’s all-time high was 41.18 and we are still about 72

Percent below that price and really it’s one of the few projects that has corrected only under 90 percent in this bear Market which is a nice thing to see and one of the big draws with Luxo that will Propel it to New all-time highs is going to be the universal profile this

Is very significant along with the Luxo standard proposals LSPs that’s really their core building block so when you create a universal profile a up it also creates a new wallet for you and that’s in your browser’s local storage now you receive an email with an encrypted private key that’s embedded in a login

Link this is only a temporary measure the team is working on custom tools but UPS are also gasless which is certainly a welcome change also keep in mind that metamask and Hardware wallets don’t work with the UPS yet however if you’ve already created a up Luxo will migrate

This to the mainnet for you you Luxo based the UPS on the ERC 725 account and the lsp-3 standard we’ll talk about those a little more in just a moment the erc725 token was also created by Fabian Vogel Stellar it proposes a unique identity standards protocol and

Therefore it has both the generic key value store and a generic execute function in other words it can hold keys and assets and this token can also add or remove data without having to deploy a contract and this gives flexible contract storage options and so Vogel

Stellar used this token to base the Luxo standard proposals on those are the LSPs that I mentioned earlier let’s have a look now at these LSPs in more detail LSPs have different functions and currently there are at least 20 of them and they can interact with each other

The LSPs are the core building blocks that Vogel Stellar built Luxo on so for example LS p 0 that’s the ERC 725 account it’s the main LSP that kind of rules all other LSPs there’s lsp3 the universal profile metadata is all here lsp5 so for received assets it shows you

Which tokens are in your account and you don’t need to add them the lsp5 does this for you lsp6 which is the key manager this allows various controllers to interact with the lsp-0 lsp7 the digital assets or Tokens The Token contract that allows to create tokens

Lsp-8 digital assets in the form of nfts so this is the token contract that allows for the creation of nfts and lsp-12 for issued assets this keeps track of all issued assets so as you can see lsp0 is pretty great and the other LSPs complement it and make it even better

And more stronger and more powerful it’s also flexible because you can always add new LSPs you’re not stuck with something that you designed two or three years ago and this allows you to have an anonymous or a public account and so lexo brings a lot to the table Universal profiles nfts

2.0 and cultural currencies and the nfts are also very special they are nfts 2.0 they use the same ERC 725 standard lsp0 but you can attach various file formats it’s also possible for multiple creators to work on one nft or how about a reputation system and you can also see

Who created it there are lots of exciting things happening with l y x e yes we’re seeing some price struggles right now it’s certainly nothing to write home about but this is temporary for all its terrific ambition and great technology Luxo is definitely one of our long-term holds just want to remind you

Once again and as I talked about at the beginning of the video you you can win up to thirty thousand dollars just click the link in the description below and if you have any further doubts or questions you can also check out our dedicated and detailed explainer video I will also

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