LUKSO announces grant program to encourage creative, social and user-centered projects

(PRESS RELEASE – Berlin, Germany, May 1, 2024)

The first wave of the quarterly program will be supported by $1 million in funding from the Foundation for New Creative Economies

LUXURY, a next-generation EVM blockchain designed to revolutionize the way users engage with the new creative economy, announces the launch of a new grant program, designed to cultivate a vibrant ecosystem of creative, social and life-focused projects. user built in LUKSO. The first wave of applications for the LUKSO Grants Program is supported by $1 million, with subsequent quarterly application waves to follow.

LUKSO is a layer 1 EVM blockchain platform co-founded by Fabian Vogelsteller, author of ERC-20, ERC-725 and former ethereum lead application developer, and Marjorie Hernandez, founder of The Dematerialised, an experiential marketplace for nfts. Since its mainnet launch on May 23, 2023, LUKSO has gained more than 145,000 validators.

Reacting to the launch of the grant program, Fabian Vogelsteller said: “LUKSO's innovative smart contract standards and Universal profiles They are the technical foundation for rich new use cases in web3, from decentralized social networks to the creator economy. “LUKSO provides critical new infrastructure that addresses barriers to entry for core users, specifically creating and managing accounts and paying gas fees, and we are excited to see what the developers and teams will bring to bear to bring this infrastructure to life.”

LUKSO is introducing new tools and standards for creative decentralized applications and decentralized social media platforms to flourish with a more simplified experience for web3. This new infrastructure includes LUKSO “Universal Profiles,” a complete on-chain and recoverable web3 identity that allows users to conveniently manage all their blockchain activities without a wallet or paying gas fees.

LUKSO welcomes applications from all projects that contribute to the LUKSO ecosystem and should use tech/standards/introduction” target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>LUKSO Standards Proposals (LSP) and universal profiles, which increase the functionality and ease of use of dApps and blockchain experiences. The categories of projects to consider will be: dApps, infrastructure and tools for developers, and education and community. dApp subcategories to consider include Creator Economy & Social Media, DAO, DeFi, Fashion, Art, Music, Entertainment & Lifestyle, Games & Virtual Worlds, Marketplaces, and Sustainability.

Applications open on May 1, 2024 at 16:00 CET and remain open until June 16 at 16:00 CET. Those interested can visit lukso.network/grants for more information.

About LUKSO

LUKSO is a pioneering Layer 1 EVM blockchain platform poised to redefine the blockchain technology landscape. By introducing a set of innovative tools and standards, LUKSO is at the forefront of transforming the way the world interacts with blockchain. By providing foundational components, LUKSO empowers New Creative Economies participants to unlock the full potential of Web3, revolutionizing digital lifestyle ecosystems through innovative advancements in identification, virtualization and tokenization.

With its dynamic set of tools and standards, LUKSO facilitates the development of next-generation applications, including nft 2.0, universal profiles and cultural currencies, thereby enabling seamless evolution within the creative industries amid the emerging digital lifestyle space. Founded by Fabian Vogelsteller and Marjorie HernandezLUKSO is committed to pioneering innovation and fostering the growth of transformative technologies for a connected and empowered future.

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