Lisk, an open-source Web3 application platform, has established a new accelerator program, with an aim to expand its ecosystem. By providing incentives for building up Lisk’s technology stack, the accelerator program will promote growth in web3 innovation. The selected projects will receive support in the form of mentorship, funding, networking, and marketing.
The Lisk Javascript SDK simplifies the creation of custom sidechains and web3 apps that are compatible with the Lisk blockchain. Startups with a multi-year plan to incorporate web3 tech fall within the scope of the Lisk Accelerator Program. Lisk is especially interested in supporting blockchain-based app development projects.
The goal of the Lisk Accelerator Program is to attract seasoned developers and project leaders to develop their concepts within the Lisk ecosystem. Applications for the first round of applications for the two-part program are currently being accepted and will go from March 20th, 2023, to June 30th, 2023. The second phase will run from September 1st, 2023, to November 30th, 2023.
The program will award grants of up to 250,000 CHF ($270K) per project to help fund the development of web3 solutions. In addition, projects that successfully bring their product to market will keep all of the equity they raise, sharing in the rewards of their efforts to spur innovation within Lisk’s growing web3 ecosystem.
There are four levels of financing:
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