The vacuum Lisk’s exit leaves in Africa’s Web3 funding
Lisk is shutting down its blockchain, ending a decade-long experiment and leaving a funding gap for African Web3 startups.
Via TechCabal
On October 31, Lisk, the Swiss-based Web3 infrastructure company, will shut down its blockchain network and move what remains of its products and developers to Celo, a rival network.
A blockchain is the infrastructure that enables digital assets, such as cryptocurrencies and stablecoins, to be transferred between users without relying on a conventional bank or payment processor.
Lisk’s decision marks the end of a blockchain project that began in 2016, first as a foundational blockchain network built from scratch, before…
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