Lisk, a leading layer 2 blockchain platform, announced a strategic partnership with the Directorate General of Information Sciences and Applications (DGIA MCIT) under Indonesia’s Ministry of Communications and Information Technology in an effort to foster Indonesia’s nascent Web3 startup ecosystem.
Through this collaboration, Lisk will provide funding, mentorship and a basic developer platform to Web3 startups operating under DGIA MCIT’s ‘1000 Startups Digital Programme’. The program aims to build digital talent and solutions while promoting a strong startup ecosystem across Indonesia.
“At Lisk, we have been democratizing blockchain technology since early 2016. As we move into our next chapter as a layer 2 focused on helping builders in emerging markets, we look forward to this unique opportunity to work in Indonesia with a strong partner. Like DGIA MCIT.”
—Max Kordek, founder of Lisk.
What is Lisk’s goal?
Lisk also plans to work with DGIA MCIT to provide training materials on Web3 technologies to budding entrepreneurs in Indonesia. We aim to bridge 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 cooperation is not just an agreement. This is a visionary step to foster innovation, knowledge sharing, and empowerment in blockchain technology. We plan to work together to encourage innovation and empower Indonesian entrepreneurs by training them in the skills they need to effectively utilize blockchain technology.”
—Semuel A. Pangerapan, Secretary General for Informatics Applications.
Lisk and Indonesia foster Web3 startups
This partnership is consistent with DGIA MCIT’s goal to provide critical support across various stages of development through bootstrap grants, mentorship opportunities, community-building initiatives, and outreach efforts. Lisk’s role demonstrates its commitment to fostering a thriving Web3 ecosystem within the 1000 Startup Digital Program.
For Lisk, Indonesia represents an important emerging market for Web3 innovation, especially solutions leveraging real-world assets (RWA), off-chain assets (OCA), and decentralized physical infrastructure networks (DePIN) that address local needs. This collaboration reaffirms Lisk’s strategic focus on empowering construction companies in emerging markets.
Lisk’s provision of funding, training and support can help drive blockchain innovation in Indonesia. This partnership demonstrates the potential of public-private collaboration in developing countries to foster digital innovation and economic development.
Risk price prediction
The current $LSK price is $1.41, up 5.3% in the last 24 hours and with a trading volume of $42 million. Lisk’s market capitalization is $181.69 million and ranks 252nd in the market capitalization rankings.
According to our AI mechanism, LSK is expected to reach $1.81 in the next one month.
conclusion
The strategic partnership between Lisk and the Directorate General for Informatics Applications (DGIA MCIT) under the Indonesian Ministry of Communications and Information Technology marks an important milestone in the development of Indonesia’s Web3 startup ecosystem. Through this collaboration, Lisk aims to democratize access to blockchain technology by providing funding, mentorship and educational resources to emerging Indonesian entrepreneurs within the ‘1000 Startups Digital Program’. This initiative demonstrates Lisk’s commitment to supporting Web3 innovation in emerging markets.