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Zug, Switzerland, August 22nd, 2024, Chainwire

Indonesia’s First Government-Supported Web3 Program at Coinfest Asia 2024

Lisk, a Layer 2 blockchain dedicated to bringing Web3 adoption in emerging markets back to Ethereum, is excited to announce its new partnership with Gerakan Nasional 1000 Startup Digital, an initiative by the Indonesian government’s Directorate General of Informatics Applications of the Ministry of Communications & Informatics Technology (DGIA MCIT). This collaboration introduces Ignit3, Indonesia’s first government-supported Web3 program, aimed at nurturing local innovation and accelerating the Web3 startup ecosystem by providing the necessary resources, mentorship, and networking opportunities to aspiring entrepreneurs.

Ignit3 was publicly unveiled during a special side event hosted by Lisk at Coinfest Asia 2024 in Nuanu, Bali, on August 22nd. This event marks a significant step in promoting Web3 growth in Indonesia and will provide detailed insights into the program’s objectives, benefits, and opportunities for involvement.

Lisk’s partnership with Gerakan Nasional 1000 Startup Digital is designed to support and scale Web3 projects and entrepreneurs in Indonesia, leveraging government backing to provide crucial resources and mentorship. The collaboration will foster a thriving Web3 ecosystem by combining Lisk’s expertise with the strategic guidance of Gerakan Nasional 1000 Startup Digital, enhancing local innovation and driving the future of blockchain technology in the region.

“Our new partnership with Gerakan Nasional 1000 Startup Digital and the launch of Ignit3 highlights our commitment to advancing Web3 innovation in emerging markets,” said Dominic Schwenter, COO of Lisk. “By leveraging government support and focusing on local startups, we aim to empower developers, enhance financial inclusion, and build a robust Web3 community in Southeast Asia.”

Lisk continues its mission to bridge the knowledge gap in blockchain technology and support emerging markets through strategic collaborations and participation in pivotal events. In addition to the Ignit3 announcement, Lisk will continue its active role at Coinfest Asia, with Lisk-branded water stations supporting attendees and encouraging engagement with the Layer 2 network. The event will also feature a free NFT mint titled "Lisk of Life" on Rarible by Indonesian artist Yahya Rifandaru and exclusive event merchandise. Lisk is partnering with wallet provider Xellar to facilitate easy wallet setup and integration into its network.

In addition, Lisk is sponsoring the Real World Asset (RWA) track at the ETHSEA Hackathon, furthering its commitment to supporting the Ethereum South East Asia community. The RWA track, co-sponsored by Optimism, will award a $10,000 prize. The collaboration aims to tap into Indonesia's rich talent pool, focusing on real-world assets and applications while also supporting emerging Web3 developers.

For more information about Ignit3, Lisk’s initiatives, and how to get involved, users can visit Lisk’s website and follow them on X, LinkedIn, and YouTube.

About Lisk

Lisk is a Layer 2 blockchain dedicated to bringing Web3 adoption in emerging markets back to Ethereum. By leveraging cost-efficient, scalable, and innovative Layer 2 technology, Lisk enables real-world applications in emerging markets to operate efficiently on Ethereum for the first time. Lisk's founder-focused approach provides a comprehensive ecosystem of startup programs, tooling, seed liquidity, and knowledge bases to support local founders from inception to success. As a long-standing Web3 infrastructure project, Lisk has been contributing towards democratizing blockchain accessibility for developers globally since 2016. As an original member of the Optimism Superchain, Lisk also plays a pivotal role in building the industry’s first truly interoperable supernetwork alongside Optimism, Base, Mode, and Worldchain.

For more information, users can visit Lisk’s website and join their growing network of builders.

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