Indonesia’s First Government-Supported Web3 Program Launched to Accelerate Innovation and Entrepreneurship

Lisk, a leading Layer 2 blockchain platform dedicated to advancing Web3 adoption in emerging markets, has announced a groundbreaking partnership with Gerakan Nasional 1000 Startup Digital, an initiative supported by the Indonesian government. This collaboration has led to the creation of Ignit3, Indonesia’s first government-backed Web3 program, aimed at fostering local innovation and boosting the Web3 startup ecosystem by providing essential resources, mentorship, and networking opportunities to aspiring entrepreneurs.

The unveiling of Ignit3 took place during a special event hosted by Lisk at Coinfest Asia 2024 in Nuanu, Bali, on August 22nd. This initiative represents a significant milestone in promoting Web3 growth in Indonesia and will offer detailed insights into the program’s goals, advantages, and avenues for participation.

Through its partnership with Gerakan Nasional 1000 Startup Digital, Lisk aims to empower and scale Web3 projects and entrepreneurs in Indonesia by leveraging government support to offer critical resources and mentorship. This partnership will cultivate a thriving Web3 ecosystem by combining Lisk’s expertise with the strategic guidance of Gerakan Nasional 1000 Startup Digital, driving local innovation and shaping the future of blockchain technology in the region.

“Our collaboration with Gerakan Nasional 1000 Startup Digital and the launch of Ignit3 underscores our dedication to advancing Web3 innovation in emerging markets,” stated Dominic Schwenter, COO of Lisk. “By harnessing government support and focusing on local startups, we strive to empower developers, enhance financial inclusion, and foster a robust Web3 community in Southeast Asia.”

Lisk remains committed to bridging the blockchain technology knowledge gap and supporting emerging markets through strategic partnerships and participation in key events. Apart from the Ignit3 announcement, Lisk will continue to actively engage at Coinfest Asia, with Lisk-branded water stations promoting interaction with the Layer 2 network. The event will also showcase a free NFT mint titled “Lisk of Life” by Indonesian artist Yahya Rifandaru on Rarible, along with exclusive event merchandise. Additionally, Lisk has teamed up with wallet provider Xellar to facilitate seamless wallet setup and integration into its network.

Furthermore, Lisk is sponsoring the Real World Asset (RWA) track at the ETHSEA Hackathon, reaffirming its commitment to supporting the Ethereum South East Asia community. The RWA track, co-sponsored by Optimism, will offer a $10,000 prize to encourage participation. This collaboration aims to tap into Indonesia’s abundant talent pool, focusing on real-world assets and applications while supporting emerging Web3 developers.

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

About Lisk

Lisk is a leading Layer 2 blockchain platform dedicated to driving Web3 adoption in emerging markets back to Ethereum. By leveraging cost-effective, 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-centric approach offers a comprehensive ecosystem of startup programs, tools, seed liquidity, and knowledge bases to support local founders from inception to success. As a pioneering Web3 infrastructure project, Lisk has been working towards democratizing blockchain accessibility for developers worldwide since 2016. As an original member of the Optimism Superchain, Lisk plays a crucial role in developing the industry’s first truly interoperable supernetwork alongside Optimism, Base, Mode, and Worldchain.

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

ContactKhanWahajSerotoninwahaj@serotonin.co

This article was originally published on Chainwire

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