When Ethereum launched in 2015, it sparked a vision of the internet that felt next-level: programmable, ownable, and built for people rather than platforms. Smart contracts would remake everything from finance to governance, and digital ownership would extend beyond speculation to identity, creativity, and coordination.
Nearly a decade later, it’s clear that innovative protocols alone don’t create transformative experiences. The tools we built first, like wallets, tokens, and NFTs, reflected our early understanding of what blockchain could do, not necessarily what it should do.
This is exactly the thinking behind LUKSO: not to compete with Ethereum, but to create a dedicated space for its evolution, a place to develop and test the new standards Web3 actually needs.
“The irony is that ERC-20, which I co-created with Vitalik, unintentionally set the focus on financial applications for nearly a decade,” explains Fabian Vogelsteller, LUKSO’s founder and former Ethereum lead DApp
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