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Lisk (LSK) Logo
$ 432.47 M
LSK 3,034.18 K
~ 159.92 M
Total Coins Mined
~ 159.92 M
*General last updated 08/18/18 6:05:25 AM
Lisk is a decentralized application aiming to be a platform provider with a decentralized network similar to Ethereum and Neo. Lisk launched its ICO on February 22, 2016 and ended on March 21, 2016. Lisk raised just over $6.3 million USD during its one month raise, and released 85% of its tokens to investors.
Max Kordek and Oliver Beddows are the co-founders of Lisk. The remainder of the team is comprised of a dedicated list of 39 people. 50% of the team focuses primarily on development and product design. President and CEO Max Kordek has been immersed in various crypto communities since 2012 and is now helping Blockchain technology gain traction in order to build a decentralized future. Vice President and CTO Oliver Beddows has over 12 years of experience in development. He understands the great opportunity for developers through Blockchain, and is setting out to support people to apply Blockchain technology by lowering its barriers.
Lisk is a decentralized network like Bitcoin without utilizing the Proof of Work algorithm, instead, it is an algorithm called Delegated Proof of Stake (DPoS). LSK holders vote for mainchain delegates to secure the network, with a maximum of 101 active delegates. Only active delegates can earn block generation rewards.