Decode LUX Project: Reshaping Internet Interaction

2/6/2025, 3:53:11 PM
Beginner
Quick Reads
LUX is an innovative multiplayer internet project that gives each webpage URL its own virtual space, creating an immersive social interaction and personalized customization experience, aiming to redefine the way people interact on the internet. The platform currently supports the exploration of over 200,000 websites, with a user base exceeding 20,000, and enhances user engagement through gamified tasks and reward mechanisms. In terms of token economics, LUX Token adopts the SPL standard and fully integrates into the platform ecosystem to support transactions and interactions. According to the roadmap, LUX will gradually optimize existing features by 2025, launch team collaboration mode and global expansion plans, and has promising future development potential. Investors are advised to closely follow the platform's progress.

Project Introduction

LUX is an innovative multiplayer internet concept that gives each unique URL an independent interactive space, allowing users to share the digital world while browsing the internet. The project was founded in 2022 with the core idea of ‘The Multiplayer Internet’, aiming to break the traditional single-user browsing mode and provide a unified perspective for multiple users, enhancing the social and interactive attributes of the internet.

Currently, the LUX platform has achieved support for exploration on over 200,000 websites, with the number of registered users exceeding 20,000. In the future, the platform plans to further optimize existing functions, launch a team collaboration-based game mode, and enhance the interactive experience among users. At the same time, it will strengthen compatibility with mainstream game engines, expand the applicability of the platform ecosystem, and provide users with richer and more efficient digital interactive scenes.


LUX project logo (source:https://chromewebstore.google.com/detail)

Project Link:
Official Website: https://lux.gg/
X (Twitter): https://x.com/lux_gg_official
Discord:https://discord.com/invite/lux-gg
Instagram:https://www.instagram.com/lux_gg_official/#
Solscan:https://solscan.io/token/BmXfbamFqrBzrqihr9hbSmEsf
Program Download:https://chromewebstore.google.com/detail
Trading Entrance:https://www.gate.io/en/pilot/solana/lux-token-lux

Key Features

● Web version of “Metaverse”

The LUX platform designs each web page URL as an independent virtual world, providing users with a personalized space for exploration and experience. Unlike traditional single browsing mode, the platform allows users to fully interact in a unique digital world, whether participating in immersive games, completing challenges with friends, or relaxing and watching content. Users can experience multiplayer collaboration and social interaction here.

This shared online space not only breaks the isolation of the Internet, transforming it from a one-way information acquisition tool into a dynamic, diverse, and vibrant social universe, bringing users a brand new web version of the ‘metaverse’ experience.


LUX has created a new way of sharing Internet access (Image source:Chrome)

● Personalized custom image

LUX emphasizes user-centricity, providing a highly customizable interface that allows users to freely express themselves in a completely exclusive digital environment, showcasing personalized style, while establishing deep connections with key content and the community, innovating the way of internet interaction.

Users can showcase their personality and achievements through a wide range of unique items and diversified color schemes, and be rewarded by completing tasks and opening treasure chests to unlock a wealth of personalized decoration options, adding more fun and customization value to the digital space.


Users can customize private interactive roles (Image source:Chrome)

Token Information

Token Name: Lux Token (LUX)
Deployment Date: January 30, 2025
Total Circulation: 1,000,000,000
Token Type: SPL
Contract Address: BmXfbamFqrBzrqihr9hbSmEsfQUXMVaqshAjgvZupump


$LUX On-Chain Information (Image Source: Lux Token (LUX) | Solscan)

Project Roadmap

Phase One: Optimize existing features (Q1-Q2 2025)

  1. Server Expansion: Optimizing server architecture to support significant growth in user volume and improve platform stability.
  2. UI Update: Upgrade the user interface for a more immersive experience.
  3. Desktop application release: develop and launch downloadable desktop applications to broaden user access.
  4. Lux Market Launches: Introducing the Exclusive Lux Marketplace, providing users with a dedicated platform for trading and interaction.
  5. AI-driven NPC integration: Empower platform NPCs (non-player characters) with artificial intelligence technology to enhance interaction experience.
  6. Mobile Support: Expand platform coverage, support cross-platform functionality, and access to mobile devices.
  7. Lux Usage Integration: Deeply integrate Lux Token into the platform’s economic system to enhance token usage scenarios.
  8. Internal Trading Open: Enable token trading functionality within the Lux ecosystem to enhance ecosystem liquidity and user engagement.

Phase 2: Innovation and Globalization (Q3-Q4 2025)

  1. API ecosystem construction: Create a set of developer tools and API ecosystem, encouraging participation and innovation from the developer community.
  2. Global Expansion: Implement global expansion strategy, promote regional localization, and provide seamless experience for global users.
  3. Introduce gang gameplay: Introduce a game mode based on team cooperation, support gang and team functions, and enrich player interaction.
  4. Game Engine Extension: Extend existing API capabilities and enhance compatibility with mainstream game engines interfaces.


The platform development is community-centered, and rich components allow users to fully express their individuality (Image source:https://lux.gg/about)

Price Performance

At the beginning of the launch on January 30, 2025, the price of LUX coin quickly soared to a high of $0.36. With the early profit-taking, the price quickly retraced; from February 1 to February 3, the token price showed a relatively stable consolidation trend; on February 4, it reached a new local high again, showing that the bulls attempted to push the price through, but due to strong selling pressure above, the LUX price failed to continue its upward trend and entered a retracement channel.

As of writing on February 5th, the latest price of LUX is $0.0127, with a fully circulating market value of $12.4853 million, and 14,800 holding addresses. However, the market sentiment is still dominated by speculation, and the future trend needs to focus on whether the project’s subsequent dynamics can boost confidence.


Price trend of $LUX coin during 2025.1.30 - 2.5 (Source: https://coinmarketcap.com/dexscan/solana/AMFWZTqxm)

Risk Warning

Blockchain startups are usually accompanied by significant risks, and as an early-stage project, there is considerable uncertainty in LUX’s operating model, underlying technology, and regulatory compliance. In addition, as an innovative interactive blockchain platform, the business model of the LUX project relies heavily on user growth and the maintenance of ecosystem vitality. If user growth falls short of expectations, its long-term development may be limited.

Currently, the token economic model of the LUX platform is still in the exploration stage. Whether the actual demand for tokens matches the expected use cases still needs further validation in the market. Investors should fully evaluate the above risks and make prudent decisions based on their own risk tolerance.

Conclusion

The LUX project, with its innovative concept of ‘multiplayer internet’, has brought users a new way of digital interaction and opened up new ideas for the social application of blockchain technology. Currently, the project is still in its early stages and the market is volatile, but with its unique web-based metaverse interactive experience, it has already shown great potential. It is recommended that investors grasp the potential opportunities and allocate emerging assets reasonably on the basis of fully understanding the risks.

Author: Smarci
Reviewer(s): Wayne
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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