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A leading layer 2 blockchain platform, Lisqueannounced a strategic partnership with the Directorate General of IT Applications of the Ministry of Communications and IT Technology Indonesia (DGIA MCIT) with the aim of nurturing the country's burgeoning Web3 startup ecosystem.
As part of this collaboration, Lisk will provide funding, mentoring and its underlying development platform to Web3 startups operating under DGIA MCIT's '1000 Startup Digital Program'. The program aims to develop digital talent and solutions while catalyzing a strong startup ecosystem across Indonesia.
“At Lisk, we have been democratizing blockchain technology since our beginnings in 2016. As we enter our next chapter as Layer 2 focused on helping builders in emerging markets, we look forward to this unique opportunity to work in Indonesia alongside strong partners. like the DGIA MCIT.”
—said Max Kordek, founder of Lisk.
What are Lisk's objectives?
Additionally, Lisk plans to work with DGIA MCIT to provide educational materials on Web3 technologies to budding Indonesian entrepreneurs. The aim is to fill the knowledge gap by providing a blended learning experience through Lisk's “Introduction to Blockchain” course which covers consensus mechanisms, network structures and use cases.
“This collaboration is not just an agreement; This is a visionary step towards promoting innovation, knowledge sharing and empowerment in blockchain technology. We intend to collaborate to educate, encourage innovation and equip Indonesian entrepreneurs with the skills to effectively leverage blockchain technology.
—said Semuel A. Pangerapan, General Manager of IT Applications.
Lisk and Indonesia to support Web3 startup
The partnership aligns with DGIA MCIT's objectives to provide crucial support at different stages of development through Bootstrap grants, mentoring opportunities, community development initiatives and promotional efforts. Lisk's role demonstrates its commitment to nurturing a thriving Web3 ecosystem within the 1000 Startup Digital program.
For Lisk, Indonesia represents an important emerging market for Web3 innovation, particularly solutions leveraging real-world assets (RWA), off-chain assets (OCA), and decentralized physical infrastructure networks (DePIN) that meet local needs. This collaboration reaffirms Lisk's strategic focus on empowering manufacturers in emerging markets.
Lisk’s provision of funding, education and support could help catalyze blockchain innovation in Indonesia. The partnership illustrates the potential of public-private collaborations in developing economies to drive digital transformation and economic development.
Lisk Price Prediction
The current price of $LSK is $1.41, up 5.3% in the last 24 hours with a trading volume of $42 million. Lisk has a market capitalization of $181.69 million and occupies the 252nd position in the market capitalization ranking.
According to our AI mechanism, LSK is expected to reach $1.81 in the next month.
Conclusion
The strategic partnership between Lisk and the Directorate General of IT Applications of the Ministry of Communications and IT Technology Indonesia (DGIA MCIT) marks an important milestone in the evolution of the Web3 startup ecosystem in Indonesia. Through this collaboration, Lisk aims to democratize access to blockchain technology by providing funding, mentoring and educational resources to emerging Indonesian entrepreneurs under the “1000 Startup Digital Program”. This initiative demonstrates Lisk's commitment to supporting Web3 innovation in emerging markets.
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