About LYX
LUKSO, the Blockchain for the new digital lifestyle is created by former Ethereum Developer Fabian Vogelsteller, author of ERC20 and ERC725, developer of web3.js and the Mist Browser.LUKSO is a multiverse blockchain network where the worlds of fashion, gaming, design and social media intersect. LUSKO focuses on bringing Blockchain to the masses, through its smart contract based blockchain, industry-involving standards processes and an innovative new direction of decentralized applications.
Official Website
Social Media
Frequently Asked Questions
Is LUKSO (LYX) a Good Investment?
Read MoreHere’s why you could consider diversifying your portfolio by adding $LYX to it:Unique NicheLUKSO focuses on revolutionizing the creative economy, specifically fashion, design, and social media. Its unique niche and potential to integrate blockchain into these industries could drive demand.Innovation in Creative Sectors LUKSO aims to bring innovation to the creative sectors by providing solutions for digital authenticity, which can address real-world problems in these industries.Investor OutlookA favorable investor outlook and interest among mainstream industries to adopt blockchain technology could support the value of LUKSO crypto. Such factors boost investor confidence in the market and key sectors, boosting LYX to USD price.
What Is LUKSO Price Prediction?
Read MoreWhile we cannot provide a reliable LYX price prediction over any timeframe, the following factors could help you better understand the price action and volatility in the LUKSO cryptocurrency: Level of Adoption of LUKSO Network Adopting LUKSO's blockchain technology in real-world use cases, particularly in creative industries like fashion and design, can boost demand for LYX tokens and positively impact their price.Future Developments in the LUKSO RoadmapUpdates, improvements, and innovations in the LUKSO blockchain's technology can influence investor confidence and attract more users to the platform.Level of Competition Competition from other blockchain projects with similar goals can affect LUKSO's market position and, consequently, its token's price.Crypto Market Sentiment General trends in the cryptocurrency market, such as bull or bear markets, can impact LYX token prices alongside other digital assets.
What Is LYX Token Used for?
Read MoreLYX is the native utility token of the LUKSO blockchain and serves the following functions: Pay Transaction Fees LYX tokens are used to pay for transaction fees on the LUKSO blockchain. Like other blockchain networks, users must spend LYX tokens when conducting transactions or interacting with smart contracts on the platform. These fees help secure and validate transactions.Other Functions LYX tokens have utility within the LUKSO platform. They can be used for a range of activities, including creating digital assets, interacting with decentralized applications (dApps), and participating in network governance.Own Digital Assets LYX tokens enable ownership of digital assets on the LUKSO blockchain. Users can represent real-world assets, such as fashion items, art, music, and more, as non-fungible tokens (NFTs) on the LUKSO network. LYX tokens are used to acquire and manage these NFTs, providing a secure and transparent way to establish ownership.Staking As a PoS network, LUKSO supports LYX staking. As an LYX holder, you can stake your tokens on the network and contribute to securing the LUKSO blockchain, earning rewards. Trade or HODL LYX Trade LUKSO coin against other cryptos on the KuCoin Spot Market to make the most of changing market conditions and volatility. Buy or sell LYX, or hold it long-term if you believe in the future potential of the LUKSO project. Ensure that you make any new trading or investing decisions in the crypto market only after you do your own research.
What Is the Difference Between LYX and LYXe?
Read MoreWhile LYXe and LYX represent the same underlying asset, they exist on different networks. LYXe is the token native to the Ethereum blockchain. It is an ERC-20 token and operates on the Ethereum network. LUKSO migrated its native token from the ERC-20 LYXe to LYX, which exists as the native token of the LUKSO mainnet.
How to Stake LYX on LUKSO Mainnet
Read MoreYou can stake LYX and serve as a validator on the Proof of Stake LUKSO blockchain. Here’s how: 1. Visit the LUKSO Staking Launchpad to get started and click the Become a validator button.2. Review the advisories and confirm your acceptance of the terms and conditions. 3. Choose your execution client (Erigon or Geth) and set up your validator node. 4. After installing the execution client, sync your data. 5. Submit your staking deposit. Remember, you can stake only up to 32 LYX on a single node.
What is the all-time high price of LUKSO (LYX)?
Read MoreThe all-time high of LYX was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of LUKSO (LYX) is 0. The current price of LYX is down 0% from its all-time high.
How much LUKSO (LYX) is there in circulation?
Read MoreAs of
, there is currently 30.54M LYX in circulation. LYX has a maximum supply of 0. What is the market cap of LUKSO (LYX)?
Read MoreThe current market cap of LYX is 68.37M. It is calculated by multiplying the current supply of LYX by its real-time market price of 2.24.
What is the all-time low price of LUKSO (LYX)?
Read MoreThe all-time low of LYX was 0
, from which the coin is now up 0%. The all-time low price of LUKSO (LYX) is 0. The current price of LYX is up 0% from its all-time low. Is LUKSO (LYX) a good investment?
Read MoreLUKSO (LYX) has a market capitalization of $68.37M and is ranked #623 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze LUKSO (LYX) price trends and patterns to find the best time to purchase LYX.