LISK Incubator Launched In China


LISK community is growing and now have its own dedicated incubator. The first LISK incubator known as Elite Center is announced in Xiamen, China. Published via a blog post:

The attendees, who came from all over the country, included Lisk delegates, community members, blockchain investment institutions, exchanges, media outlets and more. The conference also featured several talks by the likes of Xiamen-based Bitcoin evangelist Wu Zilong and Li Chunyang, the person behind Whales Capital and Japan-based BitOcean.

The incubator comes as an initiative from a team of Lisk delegates known as Elite Group with a vision to help further build and grow the Lisk ecosystem by providing opportunities for investors to get involved early on with Lisk-based projects. Interest and investment into projects utilizing blockchain technology will only increase over time. Elite Center is currently led by Lisk delegate and community member Luiz.

Elite Center finds that because new projects in the blockchain industry can face hurdles, they are slow to develop. The incubator hopes to help eliminate these obstacles for potentially groundbreaking projects that will be built on the Lisk platform by providing services and training for select projects such as entrepreneurship counseling, public relations, community management, communications and marketing training, and more. All of these services are completely funded by Elite Center.

The initial investment into the incubator will be $1 million. Elite Center hopes to work with at least five projects through the incubator within six months of the release of the SDK. The incubator currently has two projects in mind.