LUKSO Launches $1 Million Grant Program for Creative Economy
LUKSO's Grant Program Initiative
LUKSO, an advanced EVM blockchain platform, is set to revolutionize the creative economy with its new grant program. The initiative is supported by $1 million from the Foundation for New Creative Economies, aiming to nurture a vibrant ecosystem of user-centric social and creative projects built on the LUKSO blockchain. This funding marks the beginning of a series of quarterly application waves.
Pioneering Blockchain Technology
Co-founded by Fabian Vogelsteller, known for his work with ERC-20, and Marjorie Hernandez, LUKSO has rapidly gained traction since its mainnet launch in May 2023, attracting over 145,000 validators. The platform is renowned for its innovative smart contract standards and Universal Profiles, which simplify the user experience across web3 applications, from decentralized social media to the creator economy.
Universal Profiles and Simplified Web3 Experience
LUKSO introduces Universal Profiles, offering a complete on-chain identity solution that eliminates the need for wallets or gas fees. This infrastructure enhances the functionality of blockchain dApps, making them more accessible to mainstream users. The program encourages projects that leverage LUKSO Standards Proposals and Universal Profiles to improve user-friendliness and functionality.
Focus Areas and Application Process
The grant program welcomes applications from projects across various categories, including dApps, infrastructure, developer tools, education, and community. Subcategories include Creator Economy & Social Media, DAOs, DeFi, Fashion, Art, Music, and more. Applications open on May 1st, 2024, and will remain open until June 16th, 2024. Interested applicants can find more details at lukso.network/grants.
About LUKSO
LUKSO stands out as a pioneering layer-1 EVM blockchain platform designed to redefine blockchain engagement. With its suite of innovative tools and standards, LUKSO empowers participants in New Creative Economies to harness the full potential of Web3. The platform's developments, such as NFT 2.0 and Cultural Currencies, drive the evolution of creative industries in the digital lifestyle space, spearheading transformative technologies for a connected future.
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