LUKSO’s key principles connect physical and digital product dimensions further, strengthen individual experiences, and build strongly relational communities through identification, virtualisation and tokenisation.
Explore LUKSO’s solutions for the new digital lifestyle arena to enable unique and interoperable digital identities for all participants and objects, which allows them to interact and transact with each other across ecosystems and platforms.
Lifestyle production models are being revolutionised by tapping into the full potential of virtualisation to create immersive digital experiences in truly new ways.
Through tokenisation of creative communities, value can flow freely between all participants, where token economies can strengthen customer experiences, commitments, and relationships.
LUKSO’s initial use cases are tied into the overarching dynamics that are shaping the current creative lifestyle system
With mindful consumerism and ethical living on the rise, producers can use LUKSO’s decentralized record of provenance to increase the overall transparency of their practices and to capture the unique stories of their individual products.
MANAGE: SMART IP RIGHTS
Creators can incorporate “smart IP rights” into their physical, digital, and virtual works. They facilitate provenance authentication and anti-counterfeiting; IP transactions; IP right audits; digital rights management and IP clearing.
OWN: PHYSICAL COLLECTIBLES
By establishing digital identities for physical products, creators can enable their digital ownership, continuously gather their unique and singular data history, and have lasting and direct access to their owners. The newfound knowledge about a product redefines its unique value.
FUND: DESIGNER ICOS
Creative professionals are able to tap into an alternative source of funding for their projects by offering customized tokens on the LUKSO network to specific audiences, who can then allocate their funds to the projects they wish to support.
OWN: DIGITAL COLLECTIBLES
The LUKSO blockchain supplements the hyper-real virtual fashion experiences of digital-only lifestyle capsules with a much needed infrastructure for handling ownership. It allows for real scarcity, accessibility, P2P-transferability, storage, display, and permanence of these new items that are used to clothe digital selves.
COLLECT: DIGITAL CLOSET
The creation of unique digital ownership opens up a new world of collecting and representing virtual creations. Owners of digital fashion items can organize, explore, and present their collections of digital collectibles in LUKSO’s virtual libraries, which are the interfaces to digital ownership in the lifestyle arena.
By creating rule sets and by tokenizing activities on the LUKSO blockchain, lifestyle brands can become ‘experience agencies’ that engage their customers in playful competitions, make products into collectibles, and strengthen authentic IRL interactions.
SHARE: RENTAL SERVICE
With LUKSO, both professional services and private owners can set up peer-to-peer sharing economies that bring liquid ownership and collective consumption to the lifestyle community and scale the exchange that characterizes the prognosticated “end of ownership”.
TRADE: DECENTRALIZED MARKETS
LUKSO allows one to manage, authenticate, identify, transfer and pay for items in decentralized secondary lifestyle economies. Having safe access to unique physical and digital products enables the community to bring quality craftsmanship in continuous circularity.
CO-CREATE: CUSTOMER ENGAGEMENT
LUKSO provides the interaction layer to foster co-creation and peer-production in the lifestyle world. Brands can turn their empowered consumers into participants of the cultural conversation and use their bottom-up input via direct forms of community access.
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LUKSO is the digital base layer for the New Creative Economies.
Read our Whitepaper to learn more about potential use-cases and how LUKSO provides a sustainable technological base layer for creatives to shape emerging trends and unleash their creative force.
The progressing convergence of lifestyle, culture and technology is carefully mirrored by LUKSO’s initiators and advisors, who unite industry leaders from the forefront of both spheres.