Universal PunX

Follow @hoodiecartel for updates 🤝🫳👌🫰🏻🤙🏻

[Universal PunX @universalpunx]

hm, follow @HoodieCartel for updates

- stay bundled
🤝🫳👌🫰🤙

[Hoodie Cartel @HoodieCartel]

hm (hood morning)

🤝🫳👌🫰🤙

[Universal PunX @universalpunx]

@ajmaz_ Happy you're safe, and God bless the Iranian people. We're all praying they make it through this.

[LUKSO @lukso_io]

Views from Building for Culture ⚡️

Yesterday's MeetUP at LUKSO Hub Berlin brought together builders and creators to explore the Token Creator and Universal Profiles.

Thanks to everyone who joined us both IRL and online!

[Universal PunX @universalpunx]

@sully60894846 one year? https://t.co/pKYLyXresj

[LUKSO @lukso_io]

LUKSO Mainnet will be launching fully decentralized and well distributed globally at 4:20pm UTC 🚀

[Universal PunX @universalpunx]

Expectation vs. Reality: Our Exit from Lukso

When we first invested in Lukso, we bought the vision, the team, and the token. As one of the earliest projects tackling account abstraction (AA) with a laser focus on UX, paired with flashy partnership announcements, Lukso had us hooked.

Expectation: A nimble core team that could move fast, break shit, and pivot without the bureaucratic baggage of the Ethereum Foundation or other lumbering chains. Mainnet would launch with the bare essentials to compete in today’s cutthroat blockchain arena: a fully functioning wallet (mobile and desktop), a robust block explorer, a bridge, all the promised LSPs, and an OG team leveraging past and present connections for tier-1 CEX listings and real partnerships. Someone who’s been in crypto this long should get it—security ties to token price. For stability, distribution, and decentralization, that price needs to hold or climb, incentivizing long-term holders to spread the wealth.

Reality: A year into mainnet, and we’re still waiting. No functional wallet. No mobile support. No bridge. Trading volume’s drying up, and any hope of decentralization via tier-1 listings fades to zero. The team isn’t moving fast—they’re crawling so slowly that others, like Story Protocol, are forking their work and eating their lunch. Even Ethereum’s pushing EIPs to enable AA, leaving Lukso’s once-innovative edge looking stale. Fabian and the core team have lost our faith. They’re not standing out in a field of competitors—they’re falling behind.

We didn’t join Lukso to mint an NFT and dunk on them. We wanted to build builders.

Expectation: A thriving ecosystem where we’d open-source our repos and assets, stake to support the network, and kickstart initiatives like SpeedRun Lukso with mint proceeds. (Those funds hit zero before we could move, though a young PunX, Tanto, grabbed the torch and secured a Lukso grant—good luck to him; we’re not sure if those tokens ever materialized.) Long-term, we aimed to forge a Cypher Punk ethos community, craft public tools, and roll out retail-facing dApps leveraging AA and Lukso’s unique features.

Reality: That vision’s dead. Over a year on mainnet, and the ecosystem’s still half-baked. No AA tools to build with, no momentum to ride. We’ve been sounding the alarm all year—constructive criticism, not just "bad vibes" or petty jabs like some claim. We cared. We really cared. But the deaf ears at the foundation ignored the fire bells. Now, we’re out. Lukso’s not the future we signed up for—it’s a lesson in unmet potential.

[Universal PunX @universalpunx]

we have built a good community, but how can we leverage them to market a product across North and South America when there is no cex listing for lukso in North or South America? its impossible to even onboard anyone unless they're super experienced in crypto and willing to signup to a shady overseas exchange with a vpn... bruh come on. We're never getting mass adoption like that. it needs to be 1 button. never mind once they do that, they need 2 wallets to get it to UP and once its in UP even I have a hard time finding where I can even send a token. i need to open 6 browsers sign in 3x click all over different options....

[Universal PunX @universalpunx]

@ethalorian Thanks Eth 🤝🫳👌🫰🤙

[Universal PunX @universalpunx]

The real goal hasn't changed, our thesis on the tech and how to accomplish it has. Build a community, and leverage that into building real products. We're done sitting on our hands waiting for lukso to get to a point where our products could be viable, have market access, and liquidity to work. This isn't the end, its just the beginning. 🤝🫳👌🫰🤙

[Universal PunX @universalpunx]

@OPDEnft @JakGrills 🤝🫳👌🫰🏻🤙🏻

[Universal PunX @universalpunx]

@landy_tommy check your portfolio buddy, if you're holding lyx it failed too

[Universal PunX @universalpunx]

We stopped the mint and will be working on transferring assets to another chain. stay tuned.

[Universal PunX @universalpunx]

@jolasteraGO maybe we will 👀

[Universal PunX @universalpunx]

@JPeg_Getty @feindura he's been pretty clear he doesn't care about tokens or trading or defi. https://t.co/7bDbr0NKB5

[Universal PunX @universalpunx]

@jryanporter27 thanks for your support

[Universal PunX @universalpunx]

the entire industry is speculation, and liquidity doesn't move for fun. it needs an incentive, normally chains have to incentivize this with airdrops, or bonuses, dapps with flywheels. nobody is pulling stables out of high secure aave on eth at 5% to lukso for fun. there is no dapp to yield anything on lukso... and the wallet is sketchy.

[Universal PunX @universalpunx]

@JPeg_Getty on chain TVL specifically, but thats held back by native token volume/security.

a bridge won't spur the economy because its not secure to transfer any value to a chain secured by $4m in validators. you think a whale will move 2m in stables to a chain secured by 4m?

[Universal PunX @universalpunx]

@JPeg_Getty why would they put the effort in to design a new token (all native tokens on other chains use erc20) to move to a chain with $1000 in trading volume? they're managing hundreds of billions on well established chains. all risk, no rewards.

[Universal PunX @universalpunx]

@JPeg_Getty they will never get a native stable coin, the best you'll get is wrapped, but who will bridge and wrap a stable when even the core team says "dont put much value in your up, its a bit iffy still"

[Universal PunX @universalpunx]

@_ballzyx 🤝🫳👌🫰🏻🤙🏻

[Universal PunX @universalpunx]

@nft_newcomer @apecoin whats the consensus mechanism? is it an L1 or L2 ?

[Universal PunX @universalpunx]

@JakGrills 🤝🫳👌🫰🏻🤙🏻