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LUKSO Price

(LYX)

THB(฿)

Note: This cryptocurrency has not yet been officially listed on KuCoin Thailand.

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LUKSO (LYX) Live Price Chart

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    Note: This data is for reference only.
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    LYX(LYX) Profile

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    ATH
    ฿383.46
    Price Change (1h)
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    Price Change (24h)
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    Price Change (7d)
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    Market Cap
    24h Volume
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    Circulating Supply
    30,535,906
    Max Supply
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    About LUKSO

    • What Is LUKSO (LYX) Crypto?

      LUKSO is a blockchain infrastructure project focusing on the intersection of fashion, design, and social media within the blockchain space. It aims to provide a platform for the creative economy, particularly in the fashion and lifestyle industries.

      The LUKSO network is designed to cater to the unique needs of creative industries. It offers a blockchain ecosystem where creators, designers, and brands can tokenize their intellectual property, digital assets, and products.

      The LUKSO blockchain aims to establish standards and solutions for both physical and digital consumer goods. These standards encourage circularity, sustainability, and transparency within these industries.

      LYX is the native cryptocurrency of the LUKSO blockchain. It is used for various purposes within the ecosystem, including paying transaction fees and participating in the LUKSO network's governance.

    • How Does LUKSO Network Work?

      The LUKSO blockchain is a multifaceted platform designed to cater to the needs of the creative and fashion industries. Here’s a brief overview of how LUKSO works:

      PoS Consensus Mechanism

      LUKSO operates on a Proof of Stake consensus mechanism instead of Proof of Work (PoW) used by some other blockchains. PoS is more energy-efficient and sustainable because it doesn't involve competitive mining activities.

      Digital Twin Technology

      LUKSO utilizes "digital twin" technology to map physical commodities to virtual networks. This ensures the authenticity of products and assets on the blockchain.

      Creative Economy Integration

      The LUKSO network aims to intersect and combine various creative sectors, including gaming, fashion, social media, and design, on its multiverse blockchain network. This integration encourages collaboration and innovation across these industries.

      Blockchain Interoperability

      LUKSO is compatible with other blockchain networks, enabling interoperability and collaboration with different blockchain ecosystems.

      Focus on Identity

      LUKSO’s blockchain is concerned with identity issues, which is essential in creative industries. It aims to provide solutions for authenticating and verifying the identities of products and digital assets.

    • History of LUKSO Blockchain and LYX Coin

      LUKSO was conceived by Marjorie Hernandez in 2017 while working at EY's Berlin Innovation Lab. The project was born out of the idea of integrating blockchain into creative industries.

      The LUKSO project envisions a blockchain ecosystem tailored for the creative economy, providing solutions for the fashion and lifestyle industries. Its focus is on digital innovation and authenticity verification.

      The Genesis Validator Launchpad went live on April 20th, 2023, providing important details for becoming a Genesis Validator.

      The LUKSO Testnet was launched on May 3rd, 2023, marking a significant step toward the project's mainnet release. On May 23rd, 2023, the LUKSO Mainnet was successfully launched with an initial supply of 42 million LYX tokens.

    FAQ

    Is LUKSO (LYX) a Good Investment?

    Here’s why you could consider diversifying your portfolio by adding $LYX to it:

    Unique Niche

    LUKSO 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 Outlook

    A 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?

    While 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 Roadmap

    Updates, 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?

    LYX 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?

    While 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

    You 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)?

    The all-time high price of LUKSO (LYX) is ฿383.46. The current price of LYX is down -- from its all-time high.

    How much LUKSO (LYX) is there in circulation?

    As of 8 8, 2026, there is currently 30,535,906 LYX in circulation. LYX has a maximum supply of --.

    How do I store LUKSO (LYX)?

    You can store your LUKSO in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your LYX include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.