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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.
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.
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.
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.
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.
Lisk is collaborating with Optimism and Gelato to transition from a Layer 1 to an Ethereum Layer 2 solution.
