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Professor LYX
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The path for LUKSO to succeed :

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2 years ago
LUKSO
Professor's thoughts

HOW CAN LUKSO SUCCEED ? 🚀

Success for a Layer 1 blockchain means being widely used.

Usage implies users.

➡️ So, the question is : How do we attract users ? 🤔

Users join a blockchain because they have incentives to do so.

These incentives can be :

1⃣ Practical utility

or

2⃣ Financial gain

To offer one or both of these incentives to users, you need dApps, which in turn requires developers to build them.

So, what's the incentive for a developer to switch from their current blockchain to LUKSO, assuming they already have a user base for their dApp on that blockchain ?

The incentive is quite straightforward : MORE USERS

Why might they gain more users on LUKSO than on their current blockchain ?

➡️ Because on LUKSO, they can create superior applications that are more cost-effective, easier to use, and most importantly, without the limitations of their current platform.

For LUKSO to succeed and grow as an ecosystem where growth is driven by usage and not merely by what the team says or what speculators think about the project, there needs to be a synergistic relationship between users and developers, creating a momentum.

LUKSO needs to build significant momentum, which is achievable by providing incentives for both users and developers.

(which isn't challenging at all, considering what LUKSO has built)

You have your solutions : engage with the users, talk to the developers, and give them what they want !

ps : I haven't mentioned it, but obviously, the community plays a HUGE role in spreading awareness and education 😌

Be smart, choose LUKSO.

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