Lukso (LYXE) cryptocurrency
Lukso is positioned as a next-generation EVM blockchain built on Casper PoS. The main goal is to bring blockchain technology to mixed communities. The project's core technology is essentially a sister network to Eth, but opens it up to a whole new audience.
LYX is an official blockchain token designed to secure decentralized infrastructure. It is used to pay transaction fees. LYXe is the Ethereum equivalent of LYX, which is provided to investors as a reward for joining Lukso rICO. Both coins are the same asset, the only difference being that they exist on different blockchains.
Review of Lukso (LYXE)
The project appeared in 2017. Behind it are two iconic people - Fabian Vogelsteller and Marjorie Hernandez, the founders of the company. Fabian is the former lead developer of Dapps on Ethereum, as well as the creator of ERC20 and web3.js (these technologies are now used as the basis for decentralized finance and NFT protocols). Marjorie previously worked in the EY Digital Innovation Lab.
Benefits of Lukso (LYXE)
- Ease of use. The project simplifies the creation and use of a blockchain designed to provide this technology to everyone.< /li>
- Security for investors. Lukso is considered the first network to offer rICO, a new technology that allows automatic investments to be extended over time.
- Industry-specific. Lukso is associated with creative sectors such as fashion, media, lifestyle and design. Their users are artists, bloggers, creatives and other modern influencers. The future digital social world is discovering blockchain as a solution for many more demographic groups.
Lukso (LYXE) Disadvantages
- High competition. The crypto market is facing a huge wave of projects aimed at changing the world for everyone and making blockchain accessible to everyone. This can create high competition and, in turn, a difficult way to inform people about the idea and become a popular project.
- Not well known. Considering that Lukso has been on the market for more than 4 years , it doesn't have a large community if you look at the project's social networks.
