Lisk, in collaboration with AngelHack and 1000StartupID, has launched Lisk Spark, Indonesia’s inaugural Web3 incubator backed by government support. This initiative aims to provide entrepreneurs with the tools and resources necessary to build and scale decentralized applications (dApps). The program offers a holistic ecosystem, combining technical guidance and business development to establish a robust foundation for sustainable startups.
AngelHack brings its global experience to the table, offering participants international exposure and the opportunity to showcase their innovations on a larger stage. Complementing this, 1000StartupID provides local mentorship, fostering connections within Indonesia’s expanding entrepreneurial landscape.
With backing from the Directorate General of Informatics Applications (DGIA) under the Ministry of Communications and Informatics Technology (MCIT), Lisk Spark integrates cutting-edge blockchain technology, extensive local networks, and global innovation expertise. The collaboration serves as a dynamic platform for dApp development and sets a new standard for Indonesia’s tech startup ecosystem.
Comprehensive Support for Developers and Entrepreneurs
Lisk Spark delivers an all-encompassing suite of resources designed to empower developers and entrepreneurs. By utilizing Lisk’s advanced Layer 2 blockchain technology within the Optimism Superchain, the program leverages the OP Stack alongside Optimism and Base to ensure seamless interoperability and scalability across blockchain networks. Participants benefit from access to both local and international networks of mentors, industry experts, and potential investors. Additionally, the initiative offers technical support and business development tools to ease the challenges faced by dApp creators.
The program includes a grant pool of up to USD $150,000 to support teams that meet its criteria. This funding helps drive the development and expansion of innovative projects within the Lisk ecosystem. Beyond technical knowledge, participants gain essential skills to establish scalable and sustainable startups, opening avenues for success in both domestic and global markets.
Advancing Indonesia’s Blockchain Potential
The increasing interest from local innovators and the fruitful partnership with the Indonesian government have catalyzed the launch of Lisk Spark. This program underscores Indonesia’s capacity to emerge as a prominent player in the blockchain industry. The initiative is tailored to help developers transform ambitious ideas into viable Web3 ventures, contributing to the broader adoption and growth of blockchain technology in the region.
Through its unique combination of technological expertise and entrepreneurial support, Lisk Spark equips participants with practical experience, mentorship, and global connections. The incubator sets the stage for the next generation of Web3 innovations while fostering the growth of Indonesia’s tech ecosystem on both local and international fronts.
