Aside from helping selected applicants refine their ideas, the programme also pairs co-founders with similar interests. At the end of two months of developing their ideas, they are rewarded with $4,000 to help them build an MVP for the next 3 months. Successful startups at the end of the programme are eligible for $20,000 to $100,000 in funding and a fast-track to the CV VC accelerator in Switzerland, qualifying them for up to $135,000 in additional funding.

“A lot of the community and builders on Lisk Layer 1 resided in Nigeria and Indonesia, so what we decided to do with the shift to Layer 2 is a continuation of our overall vision of working as a group to build tech and democratise it to more people. It was also an opportunity to look at the places where the most exciting projects are being built, and it was Africa, without question,” said Dominic Schwenter, Chief Project Officer, who was present alongside other Lisk team members, including Erwan Mismaque, Head of Onchain Finance and Social Media Engagement Lead Lizzy Idowu.