Can I make money with Lisk?
In recent years, many companies, institutions, and organizations have started to explore the possibilities for incorporating blockchain technology. However, finding and funding developers capable of coding a custom blockchain infrastructure from scratch can be a significant challenge.
Lisk aims to provide that infrastructure. Instead of having to write the core blockchain code themselves, programmers will be assisted in developing custom, industry-specific applications that work on top of Lisk’s blockchain framework.
While it’s still under development, Lisk aims to be user-friendly and is geared towards mass adoption. Lisk launched its own digital token (LSK) in May 2016 to help raise funds to finance the project. The Lisk token is also used to handle fees and transactions within the larger Lisk ecosystem.
Although the Lisk platform is still under development, the Lisk token (LSK) has seen considerable growth since its initial release in 2016. Cryptocurrency markets are notoriously volatile, and the ultimate value of LSK will likely become clearer once more applications begin to use the Lisk framework. Those who see potential in the larger Lisk framework may choose to buy into the token with the assumption that it will increase in value as the project develops. However, cryptocurrencies are not reliable, and there is no guarantee you can make money with Lisk.
As of September 2017, the core Lisk platform and Lisk’s Software Development Kit (SDK) is still in the developmental stage. The community surrounding this new platform is growing rapidly, but only time will tell when it comes to how successful Lisk will be in terms of mainstream adoption.
While the Lisk platform has many unique features, there are other blockchain frameworks competing in this space. As more applications begin to implement the Lisk infrastructure, we’ll get a much clearer picture of what the future holds for this new technology.
After releasing its first major application, the Lisk Nano wallet in June 2017, the Lisk team is continuing to develop the project. Mid-late 2017 has seen Lisk put an emphasis on their marketing strategy, building their brand, and growing the community.
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