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Joined June 2022
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hm, follow @HoodieCartel for updates
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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.
Have you purchased an nft/phygital from @dematerialised or another scam on @lukso_io (main net or test) and not received either part, or all of it? Thinking about starting a club
36%yes
64%no
64 votes • Final results📲 Mobile crypto wallet adoption has reached record highs, driven by significant growth in emerging markets such as Nigeria, India, and Argentina!
#Crypto continues to expand globally, it is accelerating financial inclusion and reshaping everyone's future. 🔜
Hoodie Cartel Complaint Centre is now open -We will be accepting all of your complaints and grievances here, please keep them off the timeline for the sake of our bags. t.me/hoodiecartelcomplaintce…
Want to learn about who we are and what we are about?
check out our intern's write-ups
app.cg/c/UniversalPunX/
If you are "into crypto" you should be by default
1. An advocate for decentralization
2. Emphasize privacy and security over speed
3. Open-sourcing your shit
4. Criticising central authorities
5. Passionate and opinionated
6. innovative and experimental
7. Wanting to onboard the masses through education
Tell me again why you don't support @universalpunx ?
Yo @BoysClubWorld you’re in the wrong industry with your racism. We don’t see colour or ethnicity on chain. Please move your woke grift to another industry
Universal PunX retweeted
Replying to @universalpunx @HoodieCartel
beware the nookers-they are afraid of what they do not know. Beware those who seek constant crowds-for they are nothing alone. They will attempt to destroy anything that differs from their own-not being able to create art, they will not understand art-and then they will hate you
Universal PunX retweeted
Look for the tech not the promise of rags to riches #LUKSO doesn’t just promise faster or cheaper or more secure transactions, it delivers free transactions with a smooth and clean UX all with the security of Ethereum, LUKSO is THE NFT chain built from the ground up by the Godfather of NFTs @feindura




















