Token Creator V2 Live
Introducing new features: Non-transferable tokens, Revocable memberships and credentials, Adjustable maximum supply, Balance restrictions per Universal Profile.
Saturday, June 20, 2026
Token Creator V2 Live — Saturday, June 20, 2026
LUKSO's Token Creator V2 launched on Universal Everything with features for non-transferable tokens and credentials. Co-founder @feindura highlighted upcoming multi-chain support for Universal Profiles including Chiliz mainnet. Network shows strong validator growth and decentralization metrics amid ongoing ecosystem focus on cultural tokenization.
Biggest developments
Universal Profiles Multi-Chain Expansion
Yes, once universal profiles go multi-chain, it will also include the Chiliz mainnet. That means your profile can also hold Chiliz token.
Validator Growth Update
The validator count continues to grow rapidly with each passing day. LUKSO is now one of the most decentralized networks after Ethereum in terms of validator participation.
Important posts & threads
Token Creator V2 and Cultural Tokenization
Finally web3 is ready for culture! Soulbound, Non-Transferable, and Revocable tokens will be the foundation of the cultural tokenization.
Merch and Community Event
Everybody also got merch. At the end of the evening everybody had the LUKSO hoodie or T-shirt.
Market Observation on Accumulation
volume continues to rise, yet selling pressure appears increasingly absorbed rather than amplified.
Bullish takes
- Strong client diversity and 170k+ validators position LUKSO as highly decentralized for identity and culture use cases.
- Token Creator V2 enables practical on-chain credentials, memberships, and cultural assets beyond speculation.
- Rising volume and accumulation signals potential shift in market perception for $LYX.
Critical takes
- Price remains volatile around $0.27-$0.30 with recent lows near $0.18.
- Broader market challenges and Ethereum-related headlines could impact adoption momentum.
Why this matters
Universal Profiles and dynamic token standards provide a foundation for verifiable identity and cultural assets on-chain. Multi-chain expansion and new creator tools could broaden utility for creators and communities. Continued decentralization strengthens LUKSO's positioning in Web3 identity and social layers.