DLUX

Date Registered 12 May 2021
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Description

Decentralized Limitless User Experiences Part Social. Part Crypto. Limitless User Experiences. DLUX is an open source project built on the Hive blockchain that started as a way for users to build, post, and monetize virtual reality experiences without needing to know any code themselves. By leveraging networked A-Frame, visitor avatars spawn into social VR rooms with interconnecting portals to other places, all in-browser across mobile, headsets, and desktop computers. With full Hive wallet integration, the ability to purchase and tip became a reality for VR art galleries, AR menu systems, and 2D web dApps.

As the project grew, the need for an oracle arose to control how user assets can be packaged, pinned, and distributed. Now much more than a decentralized metaverse, DLUX is a full DeFi (decentralized finance) solution. The DLUX token architecture includes the ability to time lock tokens for vote power or governance collateral, and a DEX (decentralized exchange) enables atomic swaps of assets between users. No central authority exists, instead the novel use of a DAO (decentralized autonomous organization) with governance collateral held in escrow by smart contracts ensures orders placed on the DEX are safe.

Move past a scarcity mindset by building on Hive, with no fees, and no code required. The barrier to entry for VR, dApps, and crypto projects is gone, making DLUX the most accessible dApp platform in the crypto space. It’s open source so anyone can improve the software.

Project Details

Platform
Hive

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