Anyone who has been on the lookout for the promising coins, have surely noticed Lisk in the pool of progressive currencies with bold ideas. With the launching of new Decentralized Apps, Lisk is climbing up, both in price and in the market demand. Let’s see how Lisk has been doing these days as well as check out what sort of Dapps this coin is working on.
A Reminder about Lisk
The application is shown with its interface and available for all interested users, while all developers can earn through this ecosystem and share their app with the Lisk community.
The main chain represents the home of LSK as a currency and it provides a hosting service for Lisk. This hub will soon be available as a platform where developers will soon be able to launch their ICO among all other neat things.
The team behind Lisk strongly believes that the future of business, the internet, the currencies and the way technology works all lie within the blockchain technology. With this idea, they are creating a new decentralized ecosystem with the main goal of creating a globally influential decentralized platform.
That is how Lisk team is not stopping at what they have made, but are working on further development of this currency and its decentralized ecosystem.
Lisk and LSK Game-changing Dapps
LSK and Sapiens Project
The idea behind this project is so simple and yet this decentralized app turns out to be a real game-changer. You know that time when someone asks you to share your certificate, diploma, your transcripts or a confirmation that you have attended this or that class? There is a case that we are asked to show our degree and prove our professional training by showing a copy of our diploma or a similar verification method, but this sounds a lot easier and simpler than it actually is.
Sometimes you need to send, receive and reply to a tone of emails before you can get to your certificates and diplomas and before you can send them to a review to the other party. That is how Lisk is hosting a pretty neat project, called Sapiens Project. With this application, you no longer need to worry about having your certificates and diplomas lost or damaged, or hard to get to because this application is made to allow all users to have their certificates and diplomas highly accessible. This application is fully decentralized and based on blockchain technology, making it fast and cost-effective as well as easy to use.
LSK and Rencoin.io
Rencoin.io exists as a side chain to Lisk ecosystem and it offers a decentralized application that was created to encourage children to read and learn. The motivation all users are getting by reading and learning are being handed out in form of REN currency. The children are rewarded with REN currency that is being stored in their wallet in form of a savings account. The savings can be administrated either by the parents or by children and can also be used for exchange or purchasing where REN currency is accepted. We bet more children will like learning this way!
LSK and Mandana.io
This is another side chain platform existing within Lisk and it allows users to control the way their data is being shared. What we rarely think about is the fact that we are constantly sharing our data and personal information: we are sharing data every day through online interactions and even when we are buying something at the market. With this decentralized application, you can choose whether your data remains completely anonymous or whether you are sharing your data with a third party representative.
LSK and Brikbit.io
Real estate agents can be pretty expensive so when you are buying a real estate or investing in real estate, a great portion of the money goes to the third party representatives. On this side chain, you can easily invest in property shares and purchase real estate without the presence of the middleman, that way saving money and sealing more cost-effective deals.
LSK and Moosecoin.io
Getting into the music business can be pretty tough, especially with great record labels watching over you. With this side chain, LSK allows you to make your own business plans and raise funds for your music business without the third parties involved. This Dapp will allow you to get to the people who care about your music and who will help you out with getting your art out there.
How is Lisk doing at the current moment?
In the end, we are all also interested in the price of our favorite coins and tokens, so here is how LSK has been doing for the past couple of weeks.
On February 17th, LSK showed an immense progress when this currency jumped for 11.09% against the dollar, that way trading in green at the price of over 35$ per one unit. Needless to say that this was a major success for LSK as at this time this currency was the closest it has ever been to its all-time high price. LSK’s all-time high was marked at 37.80$. While this currency was ranked as 14th best coin according to global coin ranking list, it is now listed as the top 19th currency.
In case Lisk would have continued to progress up at the same pace, the coin could have easily go pass its all-time high, but the currency fell down with its price soon after the last week’s peak.
LSK is now available at the price of 19.14$ per one unit as it had the latest drop of -6.19% against the dollar, which made this currency start trading in the red.
Lisk was holding on well, spinning around the price of a bit over 20$ per one unit, but it eventually dropped to the current price. The latest drop might possibly be the result of a massive selloff as many people wanted to cash in on the latest gains this currency has gone through.
For now, LSK is trading in red, but it will surely go up in no time as Lisk is doing an amazing job with deploying interesting and cost-effective, easy accessible Dapps.
As of the most recent changes, LSK has launched a new interface that is set to be all about accessibility. The developers claim that they find very important to have all users who are not clear with what blockchain technology is, educated and well informed on all important aspects of this technology. That is how their new interface and improved features go in favor of both, people who are still entering the world of digital value and people who are easily finding their way around decentralized technology.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.
Image courtesy of Lee Maguire via Flickr
What Changes May the Crypto Space Experience in 2019
After the crypto hype of 2017, a lot of newly-arrived crypto enthusiasts were caught off-guard by the price crash and bear market that took over in 2018. One month after another, investors were waiting for things to change, and for another bull run to take place. Unfortunately, this did not happen in 2018, and while the year’s final days were seemingly stable, the rally everyone wanted to see has failed to arrive.
However, crypto investors remain optimistic, with many of them hoping to see some changes arrive in 2019. There are rather great expectations of this year, especially since the last one failed to deliver. However, many are interested in what exactly is to be expected in this year, which is what we will talk about today.
Bitcoin ETF approval
The US SEC’s decision regarding Bitcoin ETFs was one of the most anticipated events throughout 2018. Sadly, the decision constantly got delayed, and the SEC never actually provided an answer. The last delay has pushed the decision into 2019, and it is now expected to arrive on February 27.
Historically, the SEC was never ready to approve Bitcoin ETF, and many believe that the delays came due to the fact that the market was not ready for then in 2018. This is backed by the fact that the SEC rejected multiple application throughout the year. VanEck and SolidX…
Reasons Why 2019 May Be A Great Year For Crypto
The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.
The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.
With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.
1) Bearish market to loosen its grip
The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one being…
3 Coins with the Largest Potential in 2019
2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.
Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.
Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.
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