Lisk is on a mission to make blockchain accessible to everyone. To achieve this, Lisk has eliminated the need to learn new programming languages—JavaScript knowledge is enough. Lisk combines cutting-edge technology to enable developers to create and launch blockchain apps with a whole new level of flexibility, something unprecedented in the space.
Leveraging the Delegated Proof of Stake [DPoS] consensus algorithm, Lisk will allow developers to build projects on its open-source code. Offering an accessible software development kit [SDK], Lisk provides developers a complete set of tools, ranging from step-by-step guides and tutorials to access to a community of blockchain enthusiasts and simplified access to blockchain app development.
The Lisk Grant Program
As a revolutionary platform keen on accelerating the creation and launch of blockchain-based applications, Lisk has launched a Grant Program.
The Lisk Grant Program has a $1.3 million prize pool.
Through this program, Lisk invites developers and entrepreneurs alike to build and launch blockchain applications using the Lisk SDK. Each founding team will receive 66,000 USD to build an app on the Lisk platform. Paid in LSK, the platform’s native token, the payout will be based on milestones.
Furthermore, all intellectual properties and rights stay with the developers. However, Lisk requires that the app be developed on an open-source code.
For efficiency and proper documentation, the applications will be processed in waves, with the current wave ending on March 31, 2022. Therefore, make sure you check out the website and apply for the Lisk Grant Program. Time is running out, it is of utmost importance that you apply immediately.
The Grant Program Application Process
Founding Team
As previously mentioned, Lisk stipulates that there must be a team. They further mention that one of the founding members must be a JavaScript developer. If you don’t have a JavaScript developer to join your team, you can become part of the Lisk community and find a co-founder who is as innovative and purpose-driven as you are.
Solves Real-world Problems
Lisk mandates that all products are real-world applications capable of solving incumbent problems. Lisk expects that your blockchain application should have the capacity to attract funding and become a legal entity at a later point.
Pitch!
You have to send a comprehensive and descriptive document containing information about your founding team, a pitch deck, and a feasible business plan. Once your application is reviewed and meets all of Lisk’s requirements, an interview will be scheduled, and you will have the opportunity to present your idea.
As a requirement, Lisk expects all blockchain applications to be built on its latest version of Lisk SDK which is significantly accessible and easy to use.
Lisk Grant Program Milestones
A milestone-based grant program, Lisk introduces four development milestones—Project Set-up, MVP, Development, and Launch.
The allocated funds per application—66,000 USD—will be released throughout the Project Set-up phase down to the Launch phase.
Selected Projects for the Lisk Grant Program
With a ton of benefits to gain from participating in the Grant Program, some of which include funding, exposure, and access to a hassle-free blockchain development application, a ton of developers have seized this once-in-a-lifetime opportunity to build and launch problem-solving products.
Enevti, a decentralized social media NFT platform that aims to create and sustain a genuine relationship between fans and their favorite influencers, and Kalipo, a DAO support platform, are leveraging the Lisk platform to build and subsequently launch their applications. Colecti—an NFT marketplace and a bridge for all Lisk-related blockchain apps—and Idntty—a public key infrastructure—are some of the other participants.
The Lisk Grant Program aims to offer teams an opportunity to build and launch applications. With the current wave ending soon, this is the best time to submit that application.
