New feature integrates creators' activities under a single smart contract-based account, enhancing functionality and user experience
Lukso Blockchain, a platform that caters to the creative industries, has launched a new feature called "Universal Profiles" on its mainnet. This feature is designed to integrate the activities of creators under a single smart contract-based account, making it more than just a simple wallet address.
Marjorie Hernandez, the co-founder of Lukso, likens Universal Profiles to a Swiss Army knife. This is due to the versatility of the feature, which can be utilized across a wide range of decentralized applications. These applications include social media, Non-Fungible Tokens (NFTs), and payments. Hernandez believes that Universal Profiles will be adopted across various creative industries and can be used for people, creators, AI, objects, and more.
Universal Profiles is designed to be more than just a wallet address. According to Fabian Vogelsteller, co-founder of Lukso and the inventor of the ERC-20 token standard, Universal Profiles are a flexible account system that allows interaction with any smart contract. This means that users can manage all their activities, from social media interactions to NFT transactions, under one account.
Before its mainnet launch, Universal Profiles underwent a successful testing phase on a test network. The mainnet launch of Universal Profiles follows the earlier launch of Lukso's main network. This new feature is expected to enhance the functionality and user experience of the Lukso Blockchain, particularly for creators and users in the creative industries.
The launch of Universal Profiles on Lukso's mainnet marks a significant step in the evolution of blockchain technology. By integrating various activities under one account, it simplifies the user experience and opens up new possibilities for decentralized applications. Whether you're a creator or a user, Universal Profiles offers a versatile and flexible solution for managing your activities on the blockchain.