Lisk towards 2020 with Their Goal of Continuous Improvement

December 28, 2019 Off By Maheen Hernandez

Lisk is a Blockchain application platform, founded by Max Kordek and Oliver Beddows in early 2016. Based on its Blockchain network and token LSK, Lisk enables developers to build applications and deploy their side-chain linked to the Lisk network, including a custom token.

Lisk Developer Event

The Foundation acknowledged the contributions from the developers in the Lisk.Js annual event organized in November.  The blockchain development event ran through the whole day at Kuehlhaus Berlin.  The event consisted of workshops, coding challenges, development tasks, and research and development.  There were a panel discussion and a wide array of Lisk Ecosystem presentations by the core community members.  The entire range of events that took place in this event is available on YouTube for Lisk.2019.

Lisk organizes several events to help their community to code, network, and learn with their local developers and blockchain enthusiasts.   Most of the List meet up are featured along with a fireside chat with an Ask Me Anything session.  Engaging and informative conversations happen in the event, and the community develops its knowledge base. 

Crypto Asset Liquidation

The Foundation has been liquidating its assets in an ongoing strategy to cover for the project expenses.  Lisk is currently going by the rule of having sufficient money to cover for the costs of 12 months per the financial update provided by Lisk.  The expenses consist of the everyday functioning of the Lisk Foundation, like paying for salaries, administrative contractors, dealing with legal compliance, and accounts are thus taken care of.

The company has liquidated Bitcoin Suisse to liquidate BTC worth 3.622.962,85 EUR.  This provides for 3.983.781, 50 CHF.

The foundation is spending enough to contribute to the different facets of Lisk’s growth in areas of development, marketing, bounties, sponsorships, and operations.

The wallet is an all in one solution used to manage the Lisk account.  It is used to send tokens, vote for delegates, and also to access tokens.

The builders’ program from Lisk facilitates to receive funding for proof of concept.  A continual Lisk Improvement Process takes place after due research.  The team continuously researches into what is required next to develop on their protocol.  Max and Oliver are the people who set up the Lisk Foundation in Zug, Switzerland, in 2016.  They are set to progress towards 2020, working on their continuous improvement plan for Lisk.  The community is engaged in developing more apps contributing to the expansion of the List ecosystem.  

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