Lisk (LSK) is an open source blockchain platform similar to Ethereum but written in Javascript: a much more friendlier programming language than Ethereum’s Solidity. It allows developers to create decentralized applications on a side-chain, making it easier to scale the project. This means if something happens to the side-chain, it does not affect the entire main-chain of Lisk. The Lisk development kit is free for everyone and also allows for smart contracts and ICOs on its side-chains.
Lisk uses sidechains and a complete Software Development Kit (SDK) to enable a complete kit and kaboodle for developers to produce polished DAPPS (decentralized apps) and an independent blockchain under one system. This side blockchain is linked to and secured by the separately maintained Lisk blockchain.
It all began in 2014 with Crypti, an open-source blockchain app platform which was eventually forked by Max Kordek and Oliver Beddows. Although successful on a community level, Crypti needed more firepower to reach the founders’ visions and was forked into Lisk in May 2016.
Upcoming ICOs and Projects on Lisk
Sapiens is building a blockchain-based platform that will allow users to manage certifications, records, and reputational data (in short, every aspect of an academic or professional career) in an innovative way. The platform plans to integrate with the actual academic ecosystem and become the professional standard of the future.
Sapiens is still in the early stages of development but is planning an ICO on the Lisk platform.
Rencoin.io is a project on the Lisk platform that aims to encourage children to learn through incentives of earning REN coins for their efforts and achievements. Rather than earning ‘stars’ in class for their work, they get to pocket some crypto. Think of how much you’d have earned since kindergatten if this was around when we were growing up? We’d be PhD holders by now due to the monetary motivation of earning more degrees.
Moosty is a multifaceted, decentralized organization for musicians that tackles ownership rights, music distribution, and royalties. They are currently in the midst of offering “Moosecoins” at public sale. Under the tagline “give musicians a chance”, Moosty envisions a new blockchain-based ecosystem that creates conditions for transparency, ease of use/payment, and fair distribution.
BrikBit is the first blockchain-based ecosystem that develops and manages entire operations for the Real Estate industry. Within the BrikBit ecosystem all shareholders involved in the Real Estate projects will be able to use the potentiality of blockchain technology to automate, disintermediate and make more transparent both typical and implicit processes during all steps of a Real Estate enterprise such as fund collection, design, creation and management. Each Real Estate project will be able to create its own blockchain (as a BrikBit sidechain) with its own rules and features, according to the country and legislation of the project itself.
MADANA is a platform for data analysis that uses Blockchain technology allowing participants to get in on the data market with their own data and simultaneously preserving their privacy by design. This platform allows the users to have the final say with regards to the personal data they share. If they do decide to share it, they get rewarded for it. The user can also decide to make the data sharing anonymous in that the end user does not know who it belongs to.