Cryptocurrency

4 Upcoming Lisk ICOs

Longtime followers and those who’ve read our Lisk series will know that Lisk is one of the most promising platforms for making blockchain apps simpler to develop, stabler, and more flexible. The announcement back in November that the Lisk rebrand (and subsequent releases) would be pushed back to February 2018 was met with disappointment, but we’re almost there.

Amid a few bloody weeks in the crypto markets, Lisk quietly nosed into the top 15. While there is quite a bit of debate as to where exactly the development process is, the release of Core 1.0.0 and the Lisk software development kit (SDK) feel within arm’s reach.

For those who don’t know, the SDK is a framework written in JavaScript that allows people to deploy blockchain networks next to the main Lisk network, and Lisk Core 1.0.0 is one of the key components of the SDK. Lisk Core will enable things like delegate forging, blockchain synchronisation, and it will include the complete API for developers. These will be launched as separate entities but both are keys to the progression and growth of Lisk.

There is plenty of other positive news as well. The Lisk team is growing quickly, and they recently moved into a new office. Last month, Lisk also participated in two major exchange listings: bitFlyer and Huobi. Not only that, but the team is regularly releasing new versions of both their wallet and explorer.

We will have to wait until February 20 for our next peek behind the curtain, but in the meantime, it’s fair to say that many supporters are chomping at the bit. In light of this, let’s take a look at some of the ICOs that are currently planned on Lisk.

4 Upcoming ICOs and Projects on Lisk

Sapiens

Sapiens is building a blockchain-based platform that will allow users to manage certifications, records, and reputational data (in short, every aspect of an academic or professional career) in an innovative way. The platform plans to integrate with the actual academic ecosystem and become the professional standard of the future.

Sapiens is still in the early stages of development but is planning an ICO on the Lisk platform. Sapiens founder Mateo Ferrari had this to say:

I started looking at Lisk (and Crypti code-base) with the intent to figure out if this particular technology could fit with the objective of my mission for this project. I strongly believe sidechain technology is the perfect solution to solve scalability. Lisk attempts to deliver an SDK in order to make possible this ambitious project.

For anyone interested in the Sapiens project, the release of the Lisk SDK takes on increased significance.

Moosecoin

Moosty is a multifaceted, decentralized organization for musicians that tackles ownership rights, music distribution, and royalties. They are currently in the midst of offering “Moosecoins” at public sale. Under the tagline “give musicians a chance”, Moosty envisions a new blockchain-based ecosystem that creates conditions for transparency, ease of use/payment, and fair distribution. It will look a little something like this:

For full details on how the platform will function, you can read the Moosty whitepaper.

The Moosty cryptocurrency plans to deploy on the Lisk platform through a sidechain. To quote their whitepaper:

We will use Lisk, a Javascript-based blockchain platform that facilitates in a large part the basic blockchain functionality we are providing. We will keep a close eye on the Lisk development while at the same time developing our own branch to create an industry-specific standard.

The Moosecoin ICO is ongoing since late 2017, and 4,155,337.572 tokens have already been sold. According to the company’s roadmap, a beta version of the platform will be launched in Q2 2018.

Moracle

Moracle is building a decentralized and programmable oracle, under the assumption that blockchain applications need smarter oracles. In simple terms, an oracle is “an outside entity that allows a blockchain to access the web or other APIs and communicate with other blockchains.” Moracle is developing an inexpensive, decentralized, and fast oracle service for the Lisk ecosystem.

To cherry-pick a more direct quote:

Moracle will be built with the upcoming Lisk SDK, but will also implement support for both ILP and Cosmos’s IBC allowing for a diverse ecosystem of dApps to interact with the open internet.

For full details, you can read their whitepaper.

Moracle has big plans in the pipeline. Here is their 2018 roadmap:

This is a project “for and by the Lisk community”. In the spirit of this, a big effort is being made to ensure the fair distribution of MRCL tokens.

If you’d like to get some, you must first be a Lisk holder. You’ve then got to vote for Lisk delegate, StellarDynamic. Once the sidechain comes online, the remaining tokens allocated (via airdrop) for voters will be distributed based on vote weight.

CoinAngels

Another notable project is CoinAngels, for which Lisk co-founders Max Kordek and Oliver Beddows are advisors. CoinAngels presents itself as “the Blockchain and NON-Blockchain startup accelerator that uses the power of ‘angel’ tokens and the voice of all ‘angel’ holders to help digital driven companies in their early stage.”

To quote Kordek:

To keep up to date on CoinAngels, you can follow them on Twitter or check out their Vimeo trailer.

Final Thoughts

While we’ve highlighted just four projects that plan to utilize the Lisk platform, there are undoubtedly many more waiting in the wings.

Lisk took a trip to Asia a few months back, during which they were pitched many whitepapers and had quite a few valuable conversations as they promoted the growth of the Lisk community. All of the above bodes well for the future of ICOs on the platform.

There are also many Lisk delegates who are rumored to be moving ahead with ICOs and other projects once the SDK rollout is complete and Core 1.0.0 is running. Hype and substance are two different things, however, and at the end of the day, these fundamentals must be released (and working properly) before the ecosystem can bloom.

If the Lisk team can deliver in 2018, it could lead to some real watershed moments and mark the time when the rest of the crypto world stops and truly takes notice.

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