LUKSO AMA Recap

LUKSO AMA Recap

CryptoDiffer team

Hi everyone and welcome to this AMA episode with Marjorie (@m_h_d_v), founder of LUKSO with a special guest. Let’s all welcome MÆ-1 Tsuin (@MAE1Tsuin), Marjorie’s digital Twin – it’s an absolute first so far and we’re all curious about her, aren’t we.

Now, before getting into a more detailed introduction about today’s guests, let’s pause for a minute to realize how crazy LUKSO is going atm. Since last week, we’ve seen multiple LUKSO mentions in the crypto space, BitBoy and Chico among others expressed their interest in the project, which obviously lead to massive interest in LUKSO. Not only this, but when looking at the team you have in place and the skillful advisory board, it’s hard not to fall in love isn’t it.

The rICO is a perfect reflection on what is going on right now and what is impressive, is that it is all happening organically. Congrats for that, you’re rocking it so far and we are very excited for what’s up and coming!
This being said, please introduce yourselves to our community:

Co-Founder of LUKSO, Marjorie Hernandez

Hello everyone, super happy to be here- as you know I’m Marjorie, co-founder of LUKSO. I’m an innovation and product expert. I’m a Venezuela born German. I’m a trained architect, strategist, and innovation consultant, most recently I led and managed EY’s Digital Innovation Lab, as a Digital Transformation and Strategy Executive, where she worked closely on Ethereum and with the IOTA Foundation.

A digital twin of futurist and enterpreneur Marjorie Hernandez, MÆ-1 Tsuin

Hi everyone! Suuuuper excited to be here!! You are the very first community I am talking to

I am glad to meet you all. For the one’s still wondering – I am the digital twin of futurist and entrepreneur Marjorie. She rocks, doesn’t she!!!
I’m the first fully decentralized digital twin of a human – my identity lives on the LUKSO L14 test network at the moment.

Digital fashion and crypto-assets are my passions and I can’t wait to travel the ever expanding digital world, hope you’ll follow me!

For the curious ones- check out my Universal Profile here:
https://universalprofile.cloud/0x8E71Bd60124402C5C7D4a598dEfc02531bfdBe01

CryptoDiffer team

Could you tell us what LUKSO is in a nutshell ?

Co-Founder of LUKSO, Marjorie Hernandez

In a Nutshell: LUKSO is the next project by me and Fabian Vogelsteller, Ethereum Veteran and  the creator of ERC-20 and ERC-725 A network dedicated to moving Blockchain beyond DeFi 

LUKSO is a multiverse blockchain network where the worlds of fashion, gaming, design, and social media intersect. LUKSO allows developers and creatives to dictate the distribution of wealth and influence from lifestyle activities, have Universal Public Profiles, create Digital Identities and Certificates, and build tokenized communities. 

We target a whole new set of applications that are focused on fashion, gaming, creatives, and lifestyle use cases.

LUKSO is a Blockchain infrastructure, providing a series of standards and solutions for physical and digital consumer goods! 

CryptoDiffer team

Q2: We have heard you are running the world’s first reversible ICO !!!! Can you explain us more about it?

Co-Founder of LUKSO, Marjorie Hernandez

We are super excited about this one – we invested around 9 months developing it. 

The Reversible ICO in a nutshell is the ability to buy tokens slowly over time. It has the added security that you can return any unbought LYXe at any time. 

On top of that you have the certainty that you will have the amount of tokens that you “reserved” initially, if you stay in. 

Sounds complicated, but is really simple. 

Think of buying 100 LYXe over 8 months, you will still be able to get your ETH back for 50 LYXe after 4 months.

We are making ICO safer and fairer !!

You guys can check it out at rico.lukso.network 

Still 5 more months to go, and around 50% of the tokens in the Reversible ICO are committed !

CryptoDiffer team

Q3: You have made the statement that you want to bring blockchain beyond DeFi, what you guys mean by that?

A digital twin of futurist and enterpreneur Marjorie Hernandez, MÆ-1 Tsuin

Let me take that one  You know, Blockchain has not yet touched the masses. Too techy they say, too complex, too nerdy they say. But look at the internet, it’s just as complex, nerdy and techy and yet almost everyone uses it, right? 

People are rarely interested in knowing how it works, they want the value it provides. An easy user experience, very fast forward and simple, is what we stand for in order to make it easy for people to use applications on LUKSO.

Just as a big app store, LUKSO will provide access to applications for the creative industry, which are all going to be interconnected and decentralized.

Hella cool right? And this will enable creation of value beyond the monetary one – scaling beyond DeFi.

CryptoDiffer team

Q4: Tell us more about LYXe – the new kid in the crypto block !

Co-Founder of LUKSO, Marjorie Hernandez

LYX is the native cryptocurrency of the future LUKSO Blockchain. 

It is necessary for transaction fees that block producers receive, and also necessary for staking – if you want to become a block producer.

LYXe (basically LYX on Ethereum)  is the token we are using for the Reversible ICO, and in exchanges before the network launches.

A digital twin of futurist and enterpreneur Marjorie Hernandez, MÆ-1 Tsuin

You know – although I was born on LUKSO very recently, I have the advantage of gathering knowledge in seconds.

Ok back to the question

– So, currently LYXe is traded on KuCoin.

Check it out here >> https://coinmarketcap.com/currencies/lukso/

In short:
LYXe Price $0.973
Market Cap $3,702,007 USD
Volume (24h) $1,857,692 USD
Circulating Supply 3,803,994 LYXE
Total Supply 100,000,000 LYXE

CryptoDiffer team

Q5: Can you tell us what LUKSO has prepared for the next year?

Co-Founder of LUKSO, Marjorie Hernandez

Tones of exciting stuff ! 

LUKSO will power a trillion-dollar industry based on digital and phygital consumer goods !

We are building a set of applications that will come to the market with the launch of the LUKSO Mainnet (Spring-Summer 2021)  

Such as the Digital Wallet by LUKSO, once you create your Universal Profile on LUKSO, you will be able to access and manage your Digital and “Phygital” Collectibles acquired across all the applications on our network.

We have been working hard for the last year in increasing our reach and influence within the industries we want to target with LUKSO. 

We are in talks with all major fashion brands, and have some partnerships in other sectors, one of which includes a premier league soccer club that we can not mention yet and we are creating fully digitalized fashion experiences, creating identities for your avatar, buying digital clothing and effectively building for the first time a digital economy for a $1.4 trillion industry.

Our goal is to build an ecosystem that is owned by its community, therefore we are distributing the ownership of Tokens as much as possible. 

Also, we continue to build products that will make Blockchain technology accessible and exciting for the mainstream user.

 

CryptoDiffer team

Awesome, a lot of updates to come out!

Thank you for great answers!

I think it is time to start community questions round!

Cryptodiffer Community

I read in your website that each product can be linked to a corresponding data record, and thus achieve an interaction between the physical and virtual worlds and their communities. Do you use an algorithm that connects similar interests of the users?

Co-Founder of LUKSO, Marjorie Hernandez

Thank you @kherrera22 – atm we dont have an algorithm to connects similar interest users – we are focusing moslty on the blockchain protocol and the smart contracts standards – our standards proposal are the most advanced out there

Cryptodiffer Community

Is the non-crypto community currently a target for LUKSO? In what ways do you plan to attract the non-crypto community and increase adoption of cryptocurrencies?

Co-Founder of LUKSO, Marjorie Hernandez

Our goal is to bring as many new users to LUKSO as possible – we need to breakout of crypto bubble ! That is the next frontier ! 

For us is not about the adoption of cryptocurrencies, but is about the adoption of Blockchain technology and all the amazing use cases and business logics the technoly can and will power !

Cryptodiffer Community

In your opinion, what are the barriers that make it difficult for Businesses to adopt the usage of blockchain? What makes LUSKO so friendly for individuals and businesses?

A digital twin of futurist and enterpreneur Marjorie Hernandez, MÆ-1 Tsuin

Good question Mohit! So the biggest challenge is that Blockchain technology still needs to be developed and simplified for the mass usage – very few people understand it and not enough people are making it easy to understand. However, by making the bridge between people who know the tech and people who needs the value provided by it, adoption will be made easy. The more use cases we see, the more people will understand it and adopt it

Cryptodiffer Community

Could you explain what is the Lukso multiverse? What is the role?

Co-Founder of LUKSO, Marjorie Hernandez

Awesome question – we amin to be the infrastructure layer that will power creative to built all sorts of applications on LUKSO – the Multiverse is the result of all those applications co-habiting the LUKSO infrastrucutre ! In there we will trully experience the intersection of the  worlds of fashion, gaming, design, and social media.

Cryptodiffer Community

What are the differentiating factors that make LUKSO unique from other cryptocurrency pools? 

Give me 3 reasons why I should choose LUKSO ?

A digital twin of futurist and enterpreneur Marjorie Hernandez, MÆ-1 Tsuin

Alriiight Riio, challenge accepted! Awesome team, strong tech, massive support from advisors, who are big players in the industry

Cryptodiffer Community

New Collaborations, Partnerships & Major Events are very Important for Project’s Growth! So, Tell us some about your Recent Major Collab / Partnership and Future Major Events which Attracts New Investor & userbase to Lukso Project?

Co-Founder of LUKSO, Marjorie Hernandez

agree with you ! and we are working on it – 

I can’t tell you much now, but if you follow our annoucement channel you will be in the know! 

https://t.me/LUKSO_News

Cryptodiffer Community

Can you tell me more about $LYXe  tokenomics. Are they an utility token? For what reasons we need to buy  $LYXe tokens? What are they real use case?

Co-Founder of LUKSO, Marjorie Hernandez

LYX is the native cryptocurrency of the future LUKSO lockchain. 

It is necessary for transaction fees that block producers receive, and also necessary for staking – if you want to become a block producer.

For Token metrics go to https://rico.lukso.network/

Cryptodiffer Community

Where can we buy Lukso token?

A digital twin of futurist and enterpreneur Marjorie Hernandez, MÆ-1 Tsuin

Here you go: https://rico.lukso.network/ . Still at the beginning – it will get more expensive

Cryptodiffer Community

What inspired the Lukso Core team to pick interest in Lukso project?, what breakthrough 

have you achieved so far?

Co-Founder of LUKSO, Marjorie Hernandez

bringing blockchain to the masses and powered the next generation of consumer assests !

Cryptodiffer Community

In everyone’s life HEALTHY LIFE STYLE is very important ! And along with this Fashion is the one of key for positive confidence !!! Do you think Blockchain technology will brings improvement in FASHION & LIFESTYLE INDUSTRY? IF YES, then How?

Co-Founder of LUKSO, Marjorie Hernandez

transaparency, circularity and new forms of production and consumption !

Cryptodiffer Community

What are the current target markets that LUKSO is targeting? What do you have a plan to increase in terms of users, global market and partners?

A digital twin of futurist and enterpreneur Marjorie Hernandez, MÆ-1 Tsuin

Nice one!!! Love it! So for now a big chunk of our community is the crypto community, you guys 

Because you know blockchain, you know the crypto space, hence easier to understand LUKSO. 

What we would like to achieve tho is mass adoption 

What do we need for that? 

1. A easy understandable concept

2. Adoption of big players 

3. Education of the masses

And that is exactly what we are working on! We will start with the fashion industry 

Cause man, that’s my shit!

Cryptodiffer Community

1/ Many projects got 2 big problem with composability and interoperability, so how will LUKSO handle to improve cross-standards interoperability?

2/ Why do you think that wellness lifestyle need to apply blockchain and your roles in its space? I also have my own business about fashion in Asia, so how could I cooperate with Lukso for my business?

Co-Founder of LUKSO, Marjorie Hernandez

Our Smart Contracts proposal are created with exactly those points in mind 

Yes, we would love to hear more from your business – send us an email at hello@lukso.network (hello@lukso.network)

Cryptodiffer Community

Could You talk about some Dapps development on Lukso Platform?

What role its Native Token plays in the ecosystem?

A digital twin of futurist and enterpreneur Marjorie Hernandez, MÆ-1 Tsuin

The native token secures the network. It is used to pay for transaction fees and for staking to participate in the consensus process.

Dapps that we plan to build, are digital wardrobes, token generators for influencers and creators, registration apps, and applications to edit and use your public universal profiles.

Cryptodiffer Community

We have ICO’s, IEO’s, STO’s, DYCO’s, IDO’s but why did you decide to create the r-ICO framework? How is it better and different from the other crowdfunding models, and why do you believe it gonna become the Future of Crowdfunding?

Co-Founder of LUKSO, Marjorie Hernandez

We believe ICO are an extraordinary form of crowdfunding in a trully decentralized manner – but we know there were big issues!

With the rICO we want to demostrate that we can regulate and bring fairness by design – 

The rICO enables participants to be part without an intermediary, while mantaining an level of security and control that users never had before.

Cryptodiffer Community

DeFi is the new frontier and buzzing in 2020, do you consider DEFI and what roles does you play in innovativeness of DeFi 

you are EVM-compatible smart contracts, so how do you differ from Ethereum SOLIDITY and why have you chosen delegated Proof of Stake consensus based on smart contracts (PoSDAO) and HBBFT

Co-Founder of LUKSO, Marjorie Hernandez

LUKSO is moving Blockchain Tech beyond DeFi, and towards mainstream applications !

LUKSO is part of the Ethereum universe and based on the EVM – 

SOLIDITY is the SC language in LUKSO as well!

Cryptodiffer Community

How do you got the plan for creating Blockchain based lifestyle Project Lukso? 

As Lukso focusing on Fashion Industry, So, Can you share some Partnerships & Achievements in Fashion Industry Field? Tell us Major Partnerships which helps Lukso project in it’s Mission?

A digital twin of futurist and enterpreneur Marjorie Hernandez, MÆ-1 Tsuin

We know that tokenization in the lifestyle industry already started: https://medium.com/@Sexkuli/indahash-tokenize-industry-influencer-marketing-to-ease-the-relationship-between-brands-d63c55644d56

It’s just a matter of who makes the connection in the easiest and most efficient ways – and LUKSO has the advantage of bein interoperable across industries – HUGE!

We have some projects announcements coming up, not official yet – but hey, stay tuned and join our channel for more information

Meanwhile, you can check our advisors and news they will disclose in the near future: https://www.lukso.network/about

Cryptodiffer Community

* As far as I know, you have been involved in Architecture ,Fashion And Design,

So, what brought you into the blockchain industry and started the LUKSO project? Are you satisfied with the work done? 

* And if you have decided , the next step comes marketing..

So,  Marketing is the dominant element of every project. How do you attract users and investors to join the LUKSO project?

Co-Founder of LUKSO, Marjorie Hernandez

Yes, I have – I also worked serval years as an innovation and strategy consultant.

In my time at EY as a consultant I got to work very early on Ethereum and with the IOTA Foundation.

Blockchain is the biggest revolution of our life time – and I feel super fortune to be part of the industry.

Cryptodiffer Community

Why Lukso using 2 ERC type: ERC-20 and ERC-725?

What is the benefit?

A digital twin of futurist and enterpreneur Marjorie Hernandez, MÆ-1 Tsuin

Both are standards that our founder Fabian Vogelsteller proposed in 2015 and 2017. Each one is used within the LUKSO ecosystem as well. ERC725 is the foundation for NFT2.0 and universal public profiles.

Benefit ERC725 – better version of ERC20

Cryptodiffer Community

I’m an internet bug finder.  Projects around the world can still make mistakes, so what makes #Lukso so sure that won’t happen?  #Lukso has an exchange that pays rewards to 1 specialist?  What is safe mode for users?

Co-Founder of LUKSO, Marjorie Hernandez

We have a bounty program in place – I love bounty hunters, they do the most incredible work.

We are very detailed oriented and we audit our codes!

DM me or @MAE1Tsuin if you find something

Cryptodiffer Community

When will corporations stop being afraid to use blockchain? Does LUKSO want to be a leader in the mass distribution of this technology?

What LUKSO blockchain users get from achieving the project’s goals?

A digital twin of futurist and enterpreneur Marjorie Hernandez, MÆ-1 Tsuin

When more and more successful use cases arise- when the Technology will be a little more understood and safer – we’re working on that with the world’s first rICO ever, safer than ICO’s we’ve seen so far for example. 

LUKSO is definitely planning to make adoption easier- this is why we’re all here for!! We believe in this technology and all the positive impacts it will have, not only on businesses but far more importantly: 

ON USERS- more security, owning your data and being able to keep track about what’s happening at any time- for everyone, from anywhere. Let’s go for decentralization, transparency and inclusivity you people

Cryptodiffer Community

Most people find it difficult to understand the mechanics behind the Reversible ICO, what is LUKSO doing on it part to help people realize that this is a more better way of making ICOs? I’m optimistic other projects will start adopting rICO very soon?

Co-Founder of LUKSO, Marjorie Hernandez

That is such a good questions @Abisola1 

And youa re right – the rICO is quite challenging to wrap your head around it at first. But once you have done it you realize it is quite simple concept and it is trully fair.

I really appreciate your comment, we do hope the same ! the rICO is fully open source and went trough several audits – we are offering this to the commmunity ! We hope more projects adopt this !

Cryptodiffer Community

Why do you believe that Digital Fashion will be the biggest revolution  in crypto market?

Co-Founder of LUKSO, Marjorie Hernandez

YES WE DO !!!!

Cryptodiffer Community

How will LUKSO solve the scaling problem that many blockchain projects have? And how does it overcome the threat of centralization in LUKSO blockchain? By what criteria does LUKSO choose supporters?

A digital twin of futurist and enterpreneur Marjorie Hernandez, MÆ-1 Tsuin

LUKSO is using a plasma like approach to secure itself into the Ethereum mainnet. This way it benefits from the security, but allows for a high throughput on the LUKSO network. 

Centralization is prevented in the long term by the distribution of tokens, the founding team does not own more than 3% (!) of the network, neither does any private or public sale investor.  As we believe LUKSO to become a very large ecosystem, these numbers are careful choosen to support its long term viability

Cryptodiffer TEAM

Great answers;)

Thank you @m_h_d_v for

Your time!

Co-Founder of LUKSO, Marjorie Hernandez

Thank you @MAE1Tsuin and @makscryptodiffer

A digital twin of futurist and enterpreneur Marjorie Hernandez, MÆ-1 Tsuin

Much love to you guys! It was amazing, grateful for this first time ever experience

Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
CryptoDiffer Admin
query2212@gmail.com

Leave a Reply

Your email address will not be published.