Earlier this month, China-based community members of Lisk, the blockchain application platform based on its own network and native LSK token, founded the first-ever Lisk-focused blockchain incubator, known as the Elite Center.
The incubator comes as an initiative from a team of Lisk delegates with a distinct vision to help further build and grow the Lisk ecosystem by providing opportunities for investors to get involved early on with Lisk-based projects.
Coming to the belief that new projects in the blockchain industry can face hurdles and can be slow to develop, the incubator hopes to help eliminate those obstacles for potentially transformative and special projects that will be built on the Lisk platform.
“Interest and investment into projects utilizing blockchain technology will only increase over time. Elite Center is currently led by Lisk delegate and community member Luiz.”
The Elite Center will be providing services and training for select projects such as entrepreneurship counseling, public relations, community management, communications and marketing training, and more. All these services are wholly funded by the Elite Center.
The initial investment into the incubator was set at USD $1 million. The Elite Center team says it hopes to work with at least five projects through the incubator within six months of the release of the SDK. The incubator reportedly already has two projects in mind.
Although the Elite Center is set up to provide services all around the world, projects based in China will have access to additional services such as a small office to work from, recruitment services, product managers and additional expert help to shape a product’s strategy.
Projects who are interested in joining the incubator can contact Elite Center at aslan@elitecenter.io with an introduction and overview of their project’s goals and needs.
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