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Fifth Wave Of Lisk Grant Program Entails A $1.3 Million Funds

The post Fifth Wave Of Lisk Grant Program Entails A $1.3 Million Funds appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Due to the high level of interest among developers, Lisk has decided to prolong its Grant Program for another round. Lisk is a big believer in fostering outstanding ideas and potential teams in order to accelerate blockchain adoption. As a result, the Lisk Grant Program’s expansion continues to provide startup teams with all of the tools they need to succeed in today’s fast changing world. 

The Lisk Grant is at the vanguard of Lisk’s efforts to help the coming generations of blockchain programmers.  Moreover, the program’s impending 5th wave will keep allowing connectivity throughout the domain.

Blockchain and the vast array of decentralized apps and services has expanded at a breakneck pace, dramatically altering current businesses. Lisk’s Grant Program has been extended to accommodate the growth, as well as to react to developers’ strong interest in joining the program.

This program’s fifth wave began on May 23rd and will run for three months. The total funding allocates $1.3 million  to encourage excellent startup teams and their fresh technologies.

The Lisk Grant Program: How will this benefit startup teams?

Many entrepreneurs and developers are held back by complex blockchain programming languages. Lisk solves this problem by providing clear and comprehensive documentation for developers, as well as access to build blockchain applications using JavaScript and receiving funds for blockchain development. Furthermore, developers may use the robust Lisk SDK to significantly accelerate the launch of their products.

It’s also worthy to note the teams may think of many possible categories of blockchain projects who want to create apps for NFTs, DAOs, oracles, stablecoins and more. Essentially, the initiative embraces any excellent concept which can contribute to blockchain development.

Finally, all copyright and licenses developed through the Lisk Grant Program remain with the program’s staff. The previously existing project inspires other participants to establish their own blockchain program, and as shown in the previous wave, Lisk has provided excellent assistance for developers. You can check Lisk discord.

What are the most interesting Lisk projects?

Many successful ideas have been watched and developed throughout the first four waves of Lisk’s Grant Program, and they have added richness to Lisk’s community.

RGB is a crowdsourced NFT platform that allows people to collaborate on NFTs. It permits a large number of people to interact with a single piece of artwork. In this way, RGB developed a unique approach to public art experimentation. Over the course of two weeks, users will add pixels to an empty board, as an incentive for bidding on the NFT, 95 percent of the ultimate price will be distributed among a community of participants.

Topas City is a metaverse game utilizing a blend of VR, WebXR, and blockchain innovation to give clients a virtual encounter. In Topas City, players can encounter games in different spaces where they meet new companions, exchange tokens, and acquire tokens. 

Idntty is a decentralized personality security arrangement that plans to give a framework to engineers and a basic answer for end-clients to deal with their confidential information and advanced marks. Idntty offers an open, secure, cryptographic device that individuals can use for online endorsements and digitized verification of character.

Lisk Grant Application Requirements:

  • The team : Lisk requires at least two members, one of being a JavaScript developer. If the team has only one co-founder, you can join the Lisk community to find another co-founder.
  • Enthusiastic Startup: Lisk will not fund any blockchain project that will be outdated in the near future. The Idea you pitch should be functional in the real world and have strong remarkable use.  
  • Pitch Your Idea: You can say this is the most important step, as you will interact with the Lisk team and give descriptive details about your project. 
  • Stay Informed: The blockchain application should indeed be created with the most recent Lisk SDK, and all code must be open – source software. If you have good reasons not to open-source particular aspects of your work contact the Lisk team.

Please remember, that the Lisk Grant Program will be open until August 21st, 2022! 

For more information on the grant program, you can also visit the following channels:

Website : https://lisk.com/grant-program/

Twitter : https://twitter.com/LiskHQ

Discord: https://discord.com/invite/7EKWJ7b

Bitcoin Trading Volume Sinks Down Almost 60% In 9 Days

Data shows the Bitcoin spot trading volume has dropped down almost 60% since the recent high, suggesting activity has severely fallen. Bitcoin Weekly Trading Volume Rises Sharp, And Then Falls Hard As per the latest weekly report from Arcane Research, the BTC spot volume recently observed a drop of around 58.7% in just nine days.::Listen

Data shows the Bitcoin spot trading volume has dropped down almost 60% since the recent high, suggesting activity has severely fallen.

Bitcoin Weekly Trading Volume Rises Sharp, And Then Falls Hard

As per the latest weekly report from Arcane Research, the BTC spot volume recently observed a drop of around 58.7% in just nine days.

The “trading volume” is an indicator that measures the total amount of Bitcoin being transacted on the network right now.

When the value of this metric goes up, it means the number of coins changing hands on the chain is currently going up.

Such a trend may show that traders are finding the crypto attractive right now as the network is becoming more active.

Related Reading | Bitcoin ASIC Miners Plummet To Lowest Price Since Jan 2021

On the other hand, declining volumes suggest the blockchain is becoming more dormant. This kind of trend can be a sign that investors are losing interest in the coin.

Now, here is a chart that shows the trend in the Bitcoin weekly spot trading volume over the past year:

Bitcoin Trading Volume

The value of the metric seems to have observed some sharp downtrend in recent days | Source: Arcane Research's The Weekly Update - Week 25, 2022

As you can see in the above graph, the Bitcoin trading volume sharply rose up and got close to the highest value for the past year just a couple of weeks back.

However, after peaking out at around $9.2 billion on 19th June, the indicator’s value started facing some sharp downtrend.

Related Reading | Here Are Bitcoin And Ethereum’s Flaws, According To This Pentagon Investigation

By this Monday, the spot trading volume had already crashed down to a value of just $3.8 billion, a 58.7% plummet within just nine days.

The reason behind the latest surge was the plunging value of Bitcoin. A large number of traders usually make their moves during such large swings in the price.

The report notes that the uncertain conditions of the current BTC market may have resulted in investors becoming more cautious.

This has lead to them making fewer trades on the chain, which is why the trading volume has sharply plunged down.

BTC Price

At the time of writing, Bitcoin’s price floats around $19.1k, down 7% in the last seven days. Over the past month, the crypto has lost 34% in value.

The below chart shows the trend in the price of the coin over the last five days.

Bitcoin Price Chart

Looks like the value of the crypto has been going down over the last few days | Source: BTCUSD on TradingView

Bitcoin seemed to be holding strong above the $20k mark during the last week, but over the past 24 hours the coin has once again slipped down below the level.

Featured image from Daniel Dan on Unsplash.com, charts from TradingView.com, Arcane Research

Fifth Wave Of Lisk Grant Program Entails A $1.3 Million Funds

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