About LUKSO Token

LUKSO: It is a blockchain dedicated to moving beyond decentralized finance (DeFi). LUKSO provides standards and solutions for both digital and physical consumer goods. It also fosters circularity, transparency and offers responsible production and consumption. LUKSO uses a digital identity system for physical and digital products by enabling new forms of digital ownership. It uses tools to fashion an economy based on digital certificates, cultural currencies, and universal public profiles. It is backed by the physical ownership system that creates an extra digital layer to the ownership of creative goods. Each product is linked to a corresponding data record, bringing a transition between the physical and the virtual world. The Digital tokens act as a medium of connection between lifestyles and communities, increasing LUKSO’s value, clients’ participation, and inclusion. LUKSO is the brainchild of Fabian Vogelsteller.