2023 WAS the year of Account Abstraction (AA)

2024 WILL be the year of Universal Profile (UP)

→ Here's why in 7⃣ easy points :

1⃣ Understanding the Shift : First, you need to understand why Account Abstraction has gained attention to answer why UP is the logical follower.

In simple terms, Account Abstraction initiates the path of getting rid of complexity for the user.

2⃣ Technical Challenges : The idea is good, but the technical solutions faced by our current ecosystem make the realization of it quite disappointing.

3⃣ Enter Universal Profile : Now that we understand AA is just about wanting to abstract complexity, here comes UP.

UP is 100% committed to creating THE account standard that is easy for the user and can do everything.

Let me develop this point :

4⃣ The Goal of Mass Adoption : Of course, we all want Web3 tools to be mass adopted (so easy to use), but with current standards, we are super limited in what can be done.

5⃣ UP's Usefulness : In addition to being easy to use, you want it to be USEFUL.

This is where UP comes in as the account standard that can :

🔸Have logic (smart contract based)

🔸Store any data (LSP0, LSP2)

🔸Control the permissions you want to share as the owner of your data (LSP6)

🔸Have an account that’s upgradable over time that can interact (LSP17)

🔸Notify any of the dApps you use (LSP1)

6⃣ If all of this is still a bit complicated for you, just know that :

UP is nothing more than the core standard needed to build useful and easy-to-use dApp for the next generation of Web3 users.

Your Next Steps :

7⃣ Do Your Research : Feel free to do your own research, but when your understanding of what needs to be done is good enough, Universal Profile will come to you as an evident choice.

Be smart, choose LUKSO