Team and Founders

• Fabian Vogelsteller (Founder): Former Ethereum core developer, author of ERC-20 and ERC-725, contributor to web3.js and Mist Browser.

• Marjorie Hernandez (Founder): Expert in bridging technology and creative industries, particularly digital transformation in fashion and luxury.

Project Concept

LUKSO brings Web3 to the creative economy:

• User-Centric Identity: Universal Profiles store all digital assets, reputation, and permissions in a single smart contract.

• New Digital Asset Standards: LSPs provide upgradeable, dynamic, and programmable tokens beyond traditional NFTs.

• Circular Economy: Transparent and responsible production and consumption for physical and digital goods.

How It Works

• Universal Profiles (UPs – LSP-0): Smart contract accounts combining identity, tokens, NFTs, multi-sig security, and gasless transactions.

• LUKSO Standards (LSPs):

  • LSP7 – Digital Asset: Fungible token standard with dynamic metadata.

  • LSP8 – ERC721-Like Digital Asset: Upgradeable NFTs with dynamic metadata.

• Technology: Layer 1, EVM-compatible, Proof-of-Stake consensus.

Investors & Partnerships

LUKSO was funded via Reversible Initial Coin Offering (rICO). Key partners:

• Liechtenstein Telecom (LTIN) – runs validators for MiCA-compliant European blockchain adoption.

• Dappnode – node operation and decentralization.

• Envio – blockchain data indexing.

• API3 & DIA – oracle services.

• Transak & Ramp – fiat-to-LYX on-ramp solutions.

Governance

• PoS Validators: LYX stakers secure the network.

• Future Governance: Community-led decentralized governance for protocol upgrades.

Roadmap

• Phase 1 – rICO & Pioneer Network (2020).

• Phase 2 – LUKSO Mainnet Launch.

• Phase 3 – Transition from LYXe to LYX.

• Current Focus – Universal Profiles adoption, developer tools, LSP standard industry adoption.

LYX Token Use Cases

• Network Security (Staking)

• Transaction Fees (Gas)

• Governance

• Digital Asset Creation (NFTs, LSPs)

• Creative Economy Applications

Token Details

• Total Supply: 42.11M LYX

• Max Supply: Unspecified

• Circulating Supply: 30.53M LYX

Token Distribution

• Ecosystem Development: 40%

• Public Sale 2nd Party: 10%

• Public Sale 1st Party: 10%

• Private Sale: 10%

• Reserve Pool: 9%

• Founders & Collaborators: 5%

• Future Development: 5%

• Community DAO: 5%

• Grant Program: 5%

Ecosystem

• Universal Profiles (UPs)

• Creative dApps using UPs & LSPs

• Developer Tools and SDKs

Features

• Gasless Transactions – interact with dApps without LYX.

• Unified Ownership – manage identity and assets across platforms.

• Smart Profiles – secure assets against technical failures and attacks.

• Social Interaction – strengthened community participation standards.

• Multi-Platform Revenue – sell NFTs and content across multiple platforms.

Official Links

• Website
• Twitter
• Discord
• Telegram
• GitHub

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The post What is LUKSO (LYX) ? appeared first on Coin Engineer.

Team Information: Founders

Doodles was founded by three recognized figures in the space: 

• Scott Martin (Burnt Toast): The project’s lead illustrator and creative face, returning as CEO in January 2025. Scott’s art style forms the core of Doodles’ unique identity. 
• Jordan Castro: Former product lead for the popular CryptoKitties project. 
• Evan Keast: Experienced in marketing and community management at CryptoKitties. 

Investors & Key Partners 

• Funding: $54M raised in 2022 led by Seven Seven Six, co-founded by Reddit co-founder Alexis Ohanian (valuation $704M). 
• Studio Acquisition: Emmy-nominated animation studio Golden Wolf acquired in 2023. 
• Mainstream Partnerships: Campaign with McDonald’s/McCafé in 2024; Doodles assets featured in official store pages. 

Project Concept & How It Works

Doodles aims to create a dynamic, interactive brand and media universe beyond a static NFT collection. DOOD token plays a key role in this ecosystem. 

• DreamNet System: Combines AI and blockchain to allow community members to create new story characters, locations, and content using DOOD tokens. 
• Advanced Media Production: Golden Wolf turns community ideas into high-quality visual content, animations, and films. 
• Seamless Integration: Combines human creativity with AI capabilities, enabling community members to develop their own stories easily. 

Key Takeaways 

• DOOD is the native token of the Doodles NFT collection. 
• Announced on February 13, 2025, and launched on May 9, 2025. 
• Initially on Solana with plans to bridge to Base L2. 
• 68% of the total supply allocated to community and growth initiatives. 
• Airdropped to NFT holders. 

Governance

DOOD token holders participate in decisions shaping the Doodles ecosystem, moving toward a DAO model. Token holders vote on ecosystem fund allocation, feature development, and creative project direction. 

Doodles NFT vs DOOD Token: Key Differences 

• Feature, Doodles NFT Collection, DOOD Token 
• Blockchain, Ethereum, 10,000 generative NFTs, Solana launch, bridged to Base L2 
• Creator, Scott Martin (Burnt Toast), Ecosystem utility & governance 
• Extensions, Space Doodles, Doodles 2, Dooplicator, DreamNet economic backbone 
• Partnerships, Pharrell Williams, McDonald’s, Game, media, and community use 

Problems DOOD Coin Addresses 

• Centralized control in AI content creation 
• Unrewarded community contributions 
• High NFT entry costs 
• Coordination gaps in distributed storytelling 
• Limited monetization for creators 

DOOD Token Story 

• 2021: Doodles NFT collection launched 
• 2022: $54M funding, Pharrell Williams joins 
• 2025: Scott Martin becomes CEO; DOOD token introduced 
• DreamNet vision announced for community-based universe 

DOOD Token Features 

• Multi-chain distribution (Solana -Base L2) 
• DreamNet integration 
• Creator economy framework 
• Community-first allocation (68% to community) 
• Multi-platform usage (gaming, music, animation) 

DOOD Tokenomics 

• Total Supply: 10B 
• Max Supply: 10B DOOD 
• Circulating Supply: 7.8B DOOD 

Token Distribution 

• 30%: NFT airdrops 
• 13%: New community members 
• 25%: Ecosystem fund 
• 22%: Team & company (vesting: 3 years, 1-year cliff) 

DOOD Token Use Cases 

• DEA Token LPs: Create liquidity pools for Idea Tokens 
• Autonomous Swaps: Smart contract-based automatic swaps 
• Foundational Universe Fees: Fees for creating new story universes 
• AI Tooling: Access AI-powered creative tools 
• Creation Lockups: Lock tokens when creating characters/locations 
• New Universe Drops: Used for new universe content distribution 
• Inference Fees: Fees from AI model transactions 

Doodles (DOOD) Roadmap 

Past Steps 

• 2021: Launch of 10,000 Doodles NFTs 
• 2022: $54M funding, Pharrell Williams joins 
• 2023–2024: Doodles 2, Stoodio, Inkubator, and DoodlesTV launched 
• 2025: DOOD token announced, listed on Bybit 
• 2025: DreamNet integrated on Base 
• Near-Term Goals (2025–2026) 

Bridge DOOD to Base L2 

• Activate Agent & Place tokens in DreamNet 
• Launch Universe Token distributions 
• Increase Inkubator funding 
• Produce new animation and music content 
• Mid-Term Plans (2027–2030) 
• DOOD becomes multi-chain 
• Large-scale story universes on DreamNet 
• Global expansion via physical products and events 
• Maturation of Universe Token economy 

Official Links 

• Website
• Twitter
• Youtube
• Discord

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

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