I'm not sure how much LUTs are used in the professional realm of editing but for some of us just learning color correcting and grading video I find them pretty useful as a starting point and finishing point. A company called Ground Control recently released a LUT pack for Inspire and P3. I have no affiliation with the company but do own the gopro LUTs and they've been great. Here's the link to the product and a video in case anyone was interested. Falcon LUTs for DJI Inspire 1 & Phantom 3