The crypto markets do not stop giving us shocks as the days pass. Very recently Bitcoin (BTC) showed signs of a total collapse, when it fell to a new low of US $ 6,455 on April 1, dragging a large part of the market with it. Not even Lisk (LSK) was saved.LSK saw a minimum of US $ 6.73, but recovered a bit, currently trading above 8 dollars.
Lisk (LSK) is an open-source blockchain platform similar to Ethereum, but written in Javascript, a much friendlier programming language than Ethereum's Solidity.
It allows developers to create decentralized applications in a side chain, which facilitates the scale of the project. This means that, if something happens to the side chain, it does not affect the entire Lisk backbone. The Lisk development kit is free for all and also allows intelligent contracts and ICO in its side chains.
The project is relatively new when compared to the Ethereum project. Lisk was founded in early 2016 and Ethereum in mid-2014. Ethereum went ahead and virtually conquered the smart contracts and ICO aspects of block chains and cryptocurrencies.This could be the reason why Lisk (LSK) seems to be always in the shadows.
But not anymore. Lisk has some unique and revolutionary projects in development that will amplify his visibility in the crypto-universe.
Rencoin.io is a project of the Lisk platform that aims to encourage children to learn through incentives to earn REN coins for their efforts and achievements. Instead of earning "stars" in class for their work, they pocket some cryptocurrencies. Think about how much you would have earned from your childhood if this had existed when we grew up.
Another project based on Lisk is the Moracle Project , which aims to solve the problems of offering an economic oracle service, decentralized and fast. An oracle is an external entity that requests / generates the necessary data in the blockchain so that a decentralized application can access functions such as the generation of random numbers, access to information from the web and communication with other block chains.
A third project in Lisk's blockchain is the Sapiens Project . This is a complete decentralized academic and certification system, with an integrated market of courses.
The objective of the projects is to digitize all our academic records and have them accessible, verifiable, traceable and shared among learning institutions, potential employers and the individuals who own them. Then, when academic and professional documentation is requested by employers, we can make them available in a secure blockchain.
Madana.io is a platform that aspires to appear in the current era of the giants of social networks like Facebook, the use of our personal data and the commitment of our privacy. This platform allows users to have the last word regarding the personal data they share. If they decide to share them, they receive a reward for it. The user can also decide to make the data exchange anonymous, in which case the end user would not know to whom they belong.
Brikbit.io is a project based in Lisk that aims to develop and manage real estate industry operations that were being serviced by third parties, such as banks and real estate agents. This in turn reduces the final cost of a real estate effort. And if you can not afford a full project, you can buy a part of it using the capacity of Brikbit Real Estate Digital Assets (REDA). REDA will have smart contracts to smooth all transactions.
Moosecoin.io is currently an ICO live, which aims to provide each musician the opportunity to create their own business model around their creative talent. It gives them autonomy to raise funds for their projects, sell the final products; everything in the block chain. No more music labels from third parties and distribution companies.
The Lisk platform offers a second option for the creation of decentralized applications and ICO. Perhaps, with greater adoption, we will see an increase in the value of the currency in the crypt markets. The Lisk alternative has been cataloged as promising and versatile. Surely its real potential lies still hidden, like the bottom of an iceberg.