The State of Lisk Report – Ep. 17

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Even though the summer is coming to an end, you can still expect LiskUSA to bring you the hottest Lisk news! We once again have a big report lined up for you. Among the latest news is the migration of Lisk Core 1.0 to the Mainnet, the start of MADANA’s ICO, and the Lisk Vlog for August. You can read about all these stories and much more in this week’s The State of Lisk Report – Ep. 17

The Lisk Community Update

On Monday, LiskHQ released their monthly Lisk Community Update. The blog post starts off with a company update in which we can read about the two new hires who joined LightCurve in August.

In the development update we get an overview of the successfully deployed Lisk Core 1.0 to the Mainnet. This is followed by all the new versions and features of the Lisk products which the team released last month. LiskHQ also announced that as of January 2019, support for the Lisk Nano wallet will no longer be available. The team will discontinue Lisk Nano to shift focus to creating a new and improved Lisk Hub wallet, which they are already working on.

In the marketing update we can read all about the busy month the Lisk marketing team had. They had to contact and make sure that all the exchanges were fully aware and properly prepared for the migration of Lisk Core. The team also released a bunch of videos and a total of 14 blog posts. In the last month alone, Lisk got a total of 64 media mentions and 30 media placements.

The last part of the blog post is the community update. It gave us the results of last month’s community survey. The participants of the survey rated Lisk 7.4 out of 10 for overall level of transparency. It also showed that the monthly vlogs are the favorite video-related content and that development and business updates ranked highest for preferred blog content.

So what can we expect from LiskHQ in September? On September 18th from 4 PM to 6 PM CEST the team will once again host a Lisk Reddit AMA (Ask Me Anything) but more on this later in this report. On September 26, several team members, will be present at next month’s big conference in London — Blockchain Live.

We can of course also expect some new releases, blog posts and video’s so make sure to follow LiskHQ on Twitter to stay as up to date as possible!

The Lisk Highlights

In a further effort to push highlights out to Lisk ecosystem followers, community member and Reddit moderator John_Muck created two new social media pages. He has set up a Telegram account and a Twitter account. Make sure to follow these accounts so that you never miss the Lisk ecosystem daily highlights!

On behalf of LiskUSA, I also want to take this opportunity to thank John_Muck and all the other moderators for the great job they have been doing. Please keep up the good work!

A New Lisk Trading Pair Announced On Poloniex

Last Friday, the cryptocurrency exchange Poloniex announced their newest USDT pairs. In their blog post, they explain that Poloniex always attempts to add the top requests of their customers and project developers. This lead to the adding of 5 new crypto to USDT pairs and the good news is that the LSK token is one of those five.

The USDT is a cryptocurrency released on the Bitcoin Blockchain through Protocol Omni. Each USDT is said to be backed by a US Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform.

Just like Bitcoin and other crypto currencies, USDT can be transferred, stored, and spent. The USDT and other Tether currencies were created to facilitate the transfer of national currencies. It gives users  a stable alternative to Bitcoin and also an alternative for exchange and wallet audits. 

An official audit has never been conducted by a licensed auditing firm to show Tethers proof of reserves. So be cautious of holding too much value in USDT without doing your own research 

If you are trading on Poloniex, from now on you can instantly trade directly between LSK and USDT!

The Lisk Vlog Episode 6 Is Now Online

As August came to an end, it was once again time for the monthly Lisk Vlog. With so much happening recently, this month’s Vlog is the biggest to date. After the short introduction by Lisk community manager Mat Piaggi, we get to meet two new LightCurve hires. The first is Rachel Black who will be working at LightCurve as a Tech Evangelist. The second new hire is Lisk’s new community manager Jedrzej Jezierski.

The Vlog continues with a development update on all the Lisk products. We get an update on Lisk Core from Diego, Lisk Elements updates with Will, Lisk Commander updates with Shu, and an update on the Lisk Hub with Vit.

The marketing update introduces Rachel Black, she explains what a tech evangelist is, does, and what her role will be on the team. We also get the results of the Lisk survey taken not so long ago. Lindsay Buescher shares all the results with us and thanks the community for taking part in it.

The Vlog rounds of wit Mat giving some community members a shout-out for the work they have done. I was very happy to hear I also got a shout-out for writing these reports, it’s very nice to hear that LiskHQ also appreciates the time and effort I put into writing them!

The Reddit AMA Date Has Been Announced

Two days after the migration of Lisk Core 1.0 LiskHQ announced the date for the promised Reddit AMA (Ask Me Anything). The AMA is set to take place on Tuesday, September the 18th, from 4pm-6pm CEST.

During this time you can ask the development team all your important Lisk related questions by posting them in the special AMA topic. The Lisk community already took it upon themselves to create a list which also can be found on Reddit.

If you have any good questions that are not yet on the list, then I would suggest you post them in that reddit post as well!

Lisk Support’s Tools Are Back Online

A lot of things changed with the migration of Lisk Core 1.0 to the Mainnet . These changes also affected the Lisk tools on which all need to be upgraded after the hardfork .

Thanks to the hard effort of developer TonyT908 all the tools are back online again and ready to use. It is still possible some tools are slow but the team will keep working on it to give you the same fast experience you are familiar with.

MADANA’s Token Pre-Sale Has Begon

This Saturday, MADANA started its ICO (Initial Coin Offering) with the PAX token pre-sale. MADANA will have a fixed maximum of 100 Million tokens of which 55% will be distributed to investors and the MADANA community. During the pre-sale 15 Million PAX of the total supply of 100 million PAX will be sold at a fixed price of 0,50€ a token. Unsold tokens from the pre-sale will be sold later in the more expensive main-sale in 2019. During the main token sale the price of the PAX token will be set at 1,00€ a token.

MADANA is the first major project using the Lisk Blockchain platform. To show it’s support for the Lisk ecosystem, every pre-sale contribution in LSK will get a 10% bonus in PAX tokens. During the pre-sale the accepted currencies are BTC, ETH, and LSK.

If you wish to take part in MADANA’s pre-sale then make sure you first sign-up for the whitelisting process. MADANA is a German company they is required to do a KYC/AML check. This will require you to send them a copy of your national ID card or passport and a document showing proof of address. They will accept utility bills (eg. electricity bill) or credit report with an address. Make sure your files are recent because documents older then 3 months will not be accepted.

The whitelisting process will ends with the end of the pre-sale on October 31st, 2018. Some country’s like Mainland China and the USA, among other countries, are not allowed to participate in the sale. For more information on MADANA and the ICO you can visit their website, Twitter or join them on their official Telegram.

The Lisk Core 1.0 Migration Video

Last Thursday, LiskHQ released a technical video where you can learn more about the migration of  Lisk Core 1.0 to Mainnet. The video starts off with Lisk’s president Max Kordek explained the long road the team had to travel to complete Lisk Core 1.0.

After the short introduction Diego Garcia (Core product manager) and Maciej Baj (Core product owner) explain the changes and new features of Lisk Core 1.0. We also see the lead developers of Lisk Elements and Lisk Commander talk about their products and the changes that were made. The video finish with Max Kordek going over the huge amount of Commits that went into Lisk Core 1.0 compared to the other versions before it.

This video truly shows how big of a milestone Lisk Core 1.0 actually was for the entire Lisk Ecosystem!

For even more in depth information about all the features of Lisk Core 1.0 you can also read LiskHQ’s major blog post: “Everything You Need to Know About the Successful Release of Core 1.0 to Mainnet” .