BeInCrypto sat down with Dominic Schwenter, COO of Lisk, to delve into the latest developments surrounding Lisk's mainnet launch and the project's changing role in the blockchain ecosystem.

Lisk, a leading Ethereum Layer 2 blockchain dedicated to empowering web3 builders in high-growth markets, is pleased to announce the launch of the Lisk Mainnet and the introduction of its Airdrop campaign, beginning on November 21st.

Lisk will be looking to leverage the airdrop to attract new users and build a stronger connection with its community.

TL;DR Lisk launches its mainnet on Ethereum, establishing itself as a Layer 2 network focused on practical applications and high-growth markets. An airdrop of 15 million LSK tokens will encourage adoption, with the first four-month season beginning on November 21, 2024. Strategic partnerships and a rewards program will drive application development on the platform.

The Ethereum Layer 2 platform Lisk is now officially live on its mainnet after months of preparation and testing. Lisk first launched its testnet in February, following its transition from a Layer 1 blockchain to a Layer 2 solution on Ethereum in late 2023.

Lisk's airdrop campaign will begin on Nov. 21, and its first season will span four months.

Story Highlights The live price of the Siacoin crypto is . The SC price could reach a maximum of $0.00910 in 2024. This altcoin may reach a high of $0.0449 by 2030. The crypto market is rising to new heights and has garnered massive crowd attention this year.

Prominent Ethereum Layer-2 solution Lisk, has partnered with an Indonesian government-run startup initiative to launch a Web3 program dubbed ‘Ignit3.'

The cryptocurrency market returned to a bullish outlook in mid-week as Bitcoin rebounded from $63370 to $67225. The 6% upswing further accelerated the buying momentum in the altcoin market boasted from the recent launch of ETH ETF.

Backed, a leader in the tokenization of real-world assets (RWAs), and Lisk, a Layer 2 blockchain focused on bringing Web3 adoption to emerging markets, announced a strategic partnership on July 24, 2024, in Zug, Switzerland. This collaboration aims to accelerate the adoption of RWAs and enhance financial inclusion in emerging markets.

Backed and Lisk aim to leverage tokenisation technology to expand financial opportunities and drive economic growth.

Tokenized real-world assets platform Backed and Layer 2 blockchain Lisk have announced a strategic partnership to accelerate RWA adoption across emerging markets.

Lisk, a prominent Ethereum Layer-2 solution, and Backed Finance, a bridge between real-world assets (RWA) and the blockchain, have formed a strategic partnership to accelerate RWA adoption in emerging economies.

Recent global IT disruptions, affecting over 8.5 million Windows devices, have spotlighted the need for decentralized storage solutions. The crisis, linked to ongoing issues between Microsoft and CrowdStrike, highlights vulnerabilities in centralized systems, pushing businesses and individuals to explore more secure alternatives.

Siacoin (SC) is among many altcoins experiencing a notable price increase on Wednesday, gaining 29% in the past 24 hours. On Wednesday, the price of Siacoin rose to $0.005248 from its low of $0.

The Lisk community will soon have to decide whether it should burn 100 million LSK tokens as its first major vote for a newly-formed decentralized organization.

LSK holders can now exchange their coins for the newer ERC-20 version.

Lisk, an L2 blockchain platform, has announced its new DAO that will give LSK token holders the power to collectively decide Lisk's direction. The launch is planned later this June.

Binance has successfully completed the Lisk (LSK) contract swap, now accepting deposits and withdrawals for the new ERC20 LSK tokens.

In a step towards enhancing blockchain accessibility and adoption, Obligate is gearing up for its upcoming deployment on the Lisk network, a Layer 2 solution and member of the Optimism Superchain.

Lisk, a key player in Layer 2 blockchain solutions and a member of the Optimism Superchain, has announced a significant collaboration with Obligate, a Swiss-based on-chain capital markets platform. This partnership focuses on deploying Obligate's instance on the Lisk network, aiming to transform access to decentralized financial services in emerging markets.

The crypto market continues to bleed, highlighting an increased bearish pressure and selling pressure in the crypto industry. Further, top crypto tokens are hovering close to their crucial levels, indicating a massive correction in the space. Positively, this gives investors excellent buying opportunities to buy these altcoins at a discounted price.

The cryptocurrency market continues to display a volatile price action with major tokens recording constant fluctuations in the chart. The top tokens continue to surge amid an increase in the investor's inflow in the crypto space.

Layer-2 blockchain focuses on addressing local issues with real-world assets, off-chain assets, and decentralized networks.

The strategic partnership helps support local Web3 startups.

A strategic partnership between Lisk and the Indonesian Ministry is boosting the Web3 startup ecosystem through education and funding.

With altcoins breaking the charts and their 52-week highs, the bullish momentum is crazy high in the market. Taking the altcoins to astronomical jumps as Bitcoin halving approaches, the altcoins giving 100% returns are increasing dramatically. Thus reflecting a boost in investors' confidence.

Siacoin (SC), the native token of the decentralized cloud storage platform Sia, has been on a tear in recent months, defying expectations and leaving investors wondering if the rocket ride can continue. After reaching a low of $0.0025 in mid-September 2023, the price skyrocketed a staggering 360% to peak at $0.0130 by January 24, 2024.

Despite the broader cryptocurrency market experiencing losses in the previous days, several cryptos managed to break away from this pattern and post gains during the same period.

Come along as we explore the factors driving these gains and their potential implications for the broader market. This information could be incredibly valuable for you, so be sure to give it a read as it may benefit you in the future.

Sia is a peer-to-peer decentralized cloud storage platform that intends to compete with existing storage solutions. After uploading a file to Sia, it undergoes a process such as Fragmentation Encryption Global distributions Renters- responsible for uploading files, while hosts store these files, and the entire operation is automated.

Siacoin and UNUS SED LEO were among the top gainers over 24 hours, surging 14-15%. Starknet saw the biggest losses, plunging 22%.

Siacoin's (SC) token price has made a strong bullish breakout as it jumped to its highest point since November 2021. It has risen for four straight weeks and by over 713% from its lowest level in 2023, giving it a market cap of over $967 million.

Being the top performers, the Siacoin and Chiliz are reflecting a sudden surprise for holders with an overnight rally. Ranking the charts after a prompt bearish phase, the altcoins are capitalizing on the extra momentum in the market.

Siacoin jumped as high as 20% in 24 hours as liquidity rotated around crypto's $2 trillion market.

As Bitcoin (BTC) surpasses crucial resistance zones and rises above the $52,000 threshold, the broader cryptocurrency market is starting to benefit from its gains.

Considering you do not live under a rock, the stars are aligning for the crypto bulls in 2024, from the fourth Bitcoin halving coming this year to the Bitcoin ETFs getting approval. The potential altcoin season seems just around the corner. Amidst the upcoming altcoin season, the most significant altcoins are sure to perform.

Following the dramatic events after the SEC approved all the Bitcoin ETFs, the markets are finally on a bullish trajectory. Becoming a sell-the-news event due to the Grayscale's humongous outflows, Bitcoin finally turned the tables and surpassed the market cap of Silver ETFs.

These cryptocurrencies for growth should be considered by long-term investors. Here's what to consider for your portfolio.

Lisk (LSK) token is currently on steroids after Binance Futures, the futures trading arm of the leading cryptocurrency exchange Binance, announced the launch of futures contracts for LSK with leverage of up to 50x.

With a sensational bullish recovery of 193% in the last ten weeks, Siacoin shows a new trend reversal in the weekly chart. Further, the SC price trend is ready to approach the 23.60% Fibonacci retracement in the weekly chart, teasing a potential breakout.

Although it hasn't reached its 2017 peak, Lisk continues to trend, according to a Jan. 2 CoinGecko report.

In a groundbreaking development that has sent ripples through the blockchain community, Lisk, the Layer 1 blockchain platform known for its dedication to decentralized applications (dApps), has announced a monumental shift to Ethereum as a Layer 2 network. This seismic move, unveiled in partnership with Optimism and Gelato Network, signals a pivotal moment for Lisk and the wider blockchain landscape.

"If you can't beat them, join them." So says Lisk, a project that was seen as an alternative of sorts to ethereum around the inception of both of these projects in 2016 and now is going L2.

Lisk (LSK), a delegated proof of stake (DPOS) protocol, has unveiled its plans to migrate to Ethereum as a layer-2 scaling solution. According to the update shared on its official X account, Lisk said its layer-2 plot will be achieved in collaboration with Optimism (OP) and Gelato Network.

Migration of the LSK token: expanding accessibility to dApps

Lisk decided to leverage the Ethereum network after finding out that more 90% of user transaction fees on L1 platforms were Ethereum-based.

Gelato and Optimism share a vision of a future built on multiple interconnected chains, enabling horizontal scaling.