LSKLisk (LSK) Price

1.Project introduction

Lisk is the growth platform for Web3 founders in high-growth markets. It provides the capital, programs and infrastructure needed to turn local traction into global scale, bridging real-world adoption in Africa, Southeast Asia and Latin America with the reach and security of Ethereum. 

Through the Lisk EMpower Fund and regional incubators such as Aya, Crecimiento and AngelHack, Lisk backs post-incubation startups with up to $250K in funding, investor-readiness and growth advisory, and follow-on investments of up to $500K for high-performing teams.

As an Ethereum-aligned Layer 2 and founding member of the Optimism Superchain, Lisk connects founders to a global network of liquidity, partnerships and infrastructure, helping them build locally relevant products with global potential. 

Founded in 2016 and active across continents, Lisk combines credibility, capital and on-the-ground commitment to help founders where adoption is real and opportunity is greatest. 

2.Team introduction

Max Kordek - Chief Executive Officer

Oliver Beddows - Chief Strategy Officer

Dominic Schwenter - Chief Growth Officer

Shusetsu Toda - Chief Technology Officer

Gideon Greaves - Head of Investments

Adrien Geneste - Head of Marketing

Yunus Tasliel - Head of Business Development

Leon Waidmann - Head of Research

3.Token application and distribution

Token application

LSK is the name of Lisk utility token. It is used to pay for transaction fees on the Lisk blockchain.

Token distribution

There is no maximum amount in circulation. The inflation rate will decrease over time, for example to 1.74% in the 15th year due to the reduction of the forging rewards.

The initial distribution during the ICO was 100,000,000 LSK. Since the network went live May 24th, 101 delegates are securing the Lisk network and receiving forging rewards for their service. When the network first launched, 5 new LSK was added to the supply for every new block created. Every 3,000,000 blocks (~1 year) this reward was reduced by 1 LSK, ending at 1 LSK per block, where it will currently stay forever.