Lisk is a project that we have discussed a few times as having large potential. A lot of this potential is due to the fact that LSK is a platform token, which means that the blockchain was built with the idea of deploying ICOs (much like Ethereum, NEO and EOS). LSK is aimed at making this process easier than competitors and is focused on empowering JavaScript developers. Recently, Lisk has announced the first major ICO and dApp to deploy on their platform which will be MADANA.

MADANA is building a privacy-preserving market for data analysis through blockchain, and the pre-sale begins on the first of August. The team sited the ease of access as well as the security of deploying an entirely separate side-chain that Lisk enables them to build as major reasons for the platform for their ICO. This announcement could spark the growth of Lisk to become a major platform coin in the space, which would bring the price of LSK soaring to higher levels. LSK trades on Binance and Bittrex for $5.08 USD today.

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