Abstract
This proposal aims to allocate the designated Lisk DAO Season 1 Programs Budget to three high-impact and proven programs in the Lisk ecosystem: Aya, Angel Hack, and Key Difference to continue to nurture Web 3 founders in emerging markets and beyond.
Rationale
Building on the success of the 2024 Lisk builder programs, Lisk would continue to provide support and resources to top builders in their region. By working with proven regional teams, we can identify, attract, and nurture the best regional talent early in their journey - resulting in them realizing their potential on top of Lisk.
Specification
This proposal requests 400K LSK to distribute to Lisk builders as grants and incentives through three promising builder programs in the Lisk pipeline, namely: Lisk Incubation Program (Aya), Lisk Spark (Angel Hack and 1000 startup digital), and Lisk Pioneer Program (Key Difference).
The selected programs focus on high-growth regions in Africa and Southeast Asia.
With this proposal, the Lisk team intends to allocate part of the Season 1 funds to support the fulfillment of its mission and continue working to provide Web3 founders with the most attractive ecosystem for realizing their products, which are focused on real-world use cases in high-growth markets.
Having Lisk’s community endorsement shows that the community fully supports Lisk’s mission fulfillment and is aligned with the decisions that the team puts in place in order to achieve it.
By committing part of the Seasons 1 funds to supporting existing builder programs, Lisk will be able to cement and extend its reach into key high-growth markets such as Africa and Southeast Asia.
One of the reasons for Lisk’s growth in high-growth markets in 2024 was related to strategic partnerships with key important players that already understood and were established with local communities and builders in these regions.
Having that in mind we believe that continuing to support them will make it possible for Lisk to scale beyond its current reach.
For that reason, we propose to allocate the 400K $LSK allocated for “Builder Programs” to the following programs.
Programs to support:
Programs Overview
The AyaHQ x Lisk Incubation Program is a bold initiative designed to elevate African builders and launch them into the global market, helping to refine their ideas and bring their vision to life.
Program Objectives:
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The AyaHQ x Lisk Incubation Program was designed with a set of key objectives to foster innovation, support Web3 adoption, and drive long-term impact across Africa
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Accelerate Web3 innovation across the continent, empowering African founders to create cutting-edge solutions.
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Offer grants and funding opportunities to help African founders grow their projects and scale their businesses.
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Promote the deployment of Web3 solutions on the Lisk L2, expanding the reach of decentralized technologies.
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Provide comprehensive business and technical support to high-potential African startups, helping them develop viable solutions and market-ready products.
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Drive real-world adoption of Web3 solutions in everyday life, helping African economies embrace blockchain technology and its many benefits.
For the first cohort of the program, we received 116 applications from across 10 countries in Africa. After a rigorous selection process, 25 projects were chosen to participate, and 12 projects successfully graduated.
Lisk Spark (Angel Hack and 1000 Startup Digital)
The first government-supported Web3 incubator in Indonesia, Lisk Spark brings together innovators, entrepreneurs, and developers to build groundbreaking decentralized applications. Support is open whether you’re an emerging Web3 startup or an established Web2 business ready to integrate blockchain.
Program Objectives:
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Build impactful applications on Lisk to address real-world challenges;
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Empower web2 startups to seamless integrate web3 technologies;
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Scale web3 projects for local and global markets;
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Accelerate early stage web3 projects to achieve critical milestones;
Currently, the Lisk team is evaluating all the projects that were pointed to be incubated. 60 projects have already applied, and 7 projects are in the process of moving forward.
Lisk Pioneer Program (Key Difference)
The Lisk Pioneer Program is a 4-month, go-to-market pioneer program for startups building on Lisk’s Layer 2 protocol. The program is a comprehensive accelerator designed to empower Web3 startups with the strategic, technical, and fundraising support they need to scale. This program provides hands-on guidance across business development, tokenomics, and investor readiness, ensuring that founders can successfully bring their blockchain projects to market.
Program Objectives:
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Build impactful applications on Lisk to address real-world challenges;
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Scale web3 projects for local and global markets;
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Develop and execute a targeted growth plan
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Get pitch-ready and secure capital through key introductions.
Currently, the Lisk team is evaluating all the projects that were pointed out to be incubated. 190 projects have already applied, and 10 projects will be selected to move forward.
Action plan
If approved, the budget of 400k LSK will be distributed to the respective programs by the Lisk Team.