Latest news with #Lisk
Associated Press
11 hours ago
- Business
- Associated Press
LuckySea Receives a $50K Grant Through Lisk Pioneer Program in Partnership with KEY Difference
DUBAI, UNITED ARAB EMIRATES, June 20, 2025 / / -- LuckySea, a gamified lootbox platform for on-chain assets, has been awarded a $50,000 grant by Lisk through their Lisk Pioneer Program launched in 2024 through a partnership with KEY Difference, with its incubation arm, KEY Difference Labs, running the program. The grant will go toward growing LuckySea's user base and supporting their Marketing efforts. The platform has been live for a year and a half now, and has seen some strong numbers: over four million lootboxes opened, more than $10 million in total volume, and over 100,000 wallets connected. Its close partners include Magic Eden, DeGods, Pyth, and many more. The founding team behind LuckySea is based in Brazil and brings a decade of experience in Blockchain Engineering, Fintech, and Product Design. The Lisk Pioneer Program was created to help founders build real-world blockchain products. Startups in the program receive funding and hands-on support from KEY Difference Labs, the incubator arm of KEY Difference that helps Web3 teams with branding, fundraising, token design, and go-to-market strategy. 'Our goal is to back execution, not noise. LuckySea has traction, a clear product, and a roadmap. We, along with Lisk, are glad to help them scale further.' Karnika E. Yashwant, Founder and CEO of KEY Difference This grant is one of several upcoming funding schemes under the Lisk Pioneer Program, which focuses on projects in gaming, DeFi, tokenized assets, and digital identity. For both Lisk and KEY Difference, the aim is to help early teams get beyond just launching and help them grow. KEY Difference PR Team KEY Difference [email protected] Visit us on social media: LinkedIn Instagram X Other Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Business Insider
3 days ago
- Business
- Business Insider
LovCash Launches Platform to Help Enterprises Digitize South Africa's Informal Trade on Lisk L2
The blockchain-powered platform is transforming supply chain transactions with real-time data, digital payments, and loyalty rewards across South Africa's informal economy. Lisk, the Ethereum Layer 2 blockchain focused on advancing Web3 adoption in high-growth markets, today announced the launch of LovCash on its network. LovCash, South Africa's end-to-end digital payments platform, is streamlining supply chain operations in the informal trade sector through a new deployment on Lisk. The initiative supports major suppliers and distributors operating in cash-heavy markets and aims to drive digital transformation at scale. By leveraging Lisk's secure, scalable, and cost-efficient blockchain infrastructure, LovCash is simplifying payments, providing real-time sales tracking, enabling loyalty & instant rewards programs, and eliminating reliance on cash, helping South Africa's leading fast-moving consumer goods (FMCG) producers serve hard-to-reach markets with greater efficiency. LovCash is already being adopted by some of the largest commercial partners looking to digitize informal trade operations at scale. The informal economy in South Africa accounts for nearly 20% of all jobs and remains heavily cash-dependent—making it difficult to track sales, offer benefits, or extend credit. Since its launch, LovCash has onboarded over 3,700 small-to-medium retailers and partnered with 9 of the country's largest wholesalers. The network has grown by more than 275% in just 5 months. LovCash enables a blockchain-driven solution that transforms the supply chain by: Transitioning to Digital Transactions: Wholesalers, supermarkets, and mom-and-pop shops can now buy FMCG products via LovCash. The platform offers instant cash-back rewards, competitive pricing, and up-to-date promotions. It also makes it easy to compare prices and complete cashless transactions with a single click, reducing the risks that come with handling cash. Enhancing Safety, Security & Transparency: In South Africa, cash has fueled crime and fraud—causing an estimated $1.3 billion in annual losses. Lisk's blockchain enables secure, auditable, and traceable payments, reducing these risks and enhancing financial transparency. Providing Real-Time Sales & Data Insights: Leading FMCG suppliers can now track product movement more accurately, enhancing supply chain efficiency. This provides valuable insights into product flow across formal and informal trade, enabling better sales tracking and optimization. Enabling Loyalty & Rewards Programs: Implement B2B loyalty programs with cash-back rewards to enhance customer retention, strengthen the supply chain, and accelerate sales growth. Driving Sales: LovCash's digital applications unlock unprecedented access to the informal trade, allowing users to discover exclusive offers, pricing, and daily rewards with ease. LovCash has secured an investment from Lisk to support its growth and expansion. While Lisk actively supports a broad range of projects through its network and ecosystem initiatives, LovCash is among the select applications to receive direct investment—highlighting Lisk's deep commitment to empowering founders in high-growth markets. Beyond infrastructure, Lisk connects builders to global network opportunities, funding pathways, and long-term strategic support. By working alongside founders and facilitating access to key stakeholders, Lisk ensures high-growth market projects have the resources they need to scale effectively in Web3. 'Today, the supply chain is entering the blockchain,' said Costas Constantinou, Founder & CEO of LovCash. 'Many businesses throughout South Africa operate in fragmented, cash-dependent environments, with no access to supply chain rewards. With LovCash, we're replacing cash with a digital-first payment, rewards, and commerce system that enhances trade, benefits, security, transparency, and efficiency.' "Our partnership with LovCash exemplifies how blockchain can transform industries and drive real impact beyond payments,' said Dominic Schwenter, COO of Lisk. 'By addressing real-world supply chain challenges, they deliver tangible value—streamlining operations for commercial partners, empowering informal market players with digital access, and offering end users secure, rewarding transactions, setting a new benchmark for blockchain applications in high-growth markets." For more information, users can visit and About Lisk Lisk is a Layer 2 Ethereum blockchain dedicated to empowering web3 builders in high-growth markets. By leveraging cost-efficient, scalable, and innovative Layer 2 technology, Lisk enables real-world applications in high-growth 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 toward 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. About LovCash LovCash is a blockchain-powered e-commerce and end-to-end digital payments and rewards solution designed to streamline enterprises' supply chains. Built on Lisk, an Ethereum Layer 2 blockchain, LovCash enables fast, secure, and cost-effective transactions while optimizing supply chain operations, particularly in emerging markets. Contact Wahaj Khan Serotonin
Associated Press
17-04-2025
- Business
- Associated Press
NexOptic Appoints New CFO
VANCOUVER, BC / ACCESS Newswire / April 17, 2025 / NexOptic Technology Corp. ('NexOptic') (TSX VENTURE:NXO)(OTC PINK:NXOPF)(FSE:E3O1), a company developing cutting-edge AI and imaging technologies is pleased to announce the appointment of Donna Lisk as Chief Financial Officer. Ms. Lisk is a CPA with an MBA in Finance from Norwich University and a Bachelor of Commerce from Concordia University. Over the course of her 30+ year career, she has served as Chief Financial Officer for the Canadian divisions of globally recognized brands, including Warnaco (a former PVH company), Lacoste, APP Group (Mackage), and most recently as Head of Finance at Michael Kors Canada. Her leadership has spanned multiple sectors, with a focus on strategic financial management and operational excellence. Ms. Lisk replaces Patrick Rueben as CFO, as Mr. Rueben moves to a consultancy capacity with the Company. NexOptic wishes to thank Mr. Rueben for his service to the Company and wish him well in his retirement. What You Need to Know About NexOptic NexOptic is an innovative imaging AI company headquartered in Vancouver, Canada offering world-leading patented and patent pending AI solutions for imaging known as ALIIS™ (All Light Intelligent Imaging Solutions) and NexCompress. For more information about NexOptic Technology Corp., please visit the Company's website at Forward-Looking Statements This news release contains forward-looking statements and forward-looking information (together, 'forward-looking statements') within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as 'plans,' 'expects,' 'estimates,' 'intends,' 'anticipates,' 'believes' or variations of such words, or statements that certain actions, events or results 'may,' 'could,' 'would,' 'might,' 'will be taken,' 'occur,' or 'be achieved.' Forward-looking statements in this news release include, without limitation, NexOptic's expectations regarding the expansion of its patent portfolio globally, expectations relating to the acquisition of new customers and sources of revenue, expectations regarding the Company's ability to identify and pursue financing opportunities, and the Company's plans and expectations relating to its business generally. Forward-looking statements involve risks, uncertainties and other factors disclosed under the heading 'Risk Factors' and elsewhere in NexOptic's filings with Canadian securities regulators, that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although NexOptic believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether because of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. On Behalf of the Board of Directors Chief Executive Officer - Paul McKenzie Tel: +1 (604) 669-7330 ext. 1 Email:[email protected] SOURCE: NexOptic Technology press release
CBC
17-03-2025
- Business
- CBC
How an apartment building in Coniston, Ont., is helping seniors stay in their community
When Les Lisk had the idea to open a seniors apartment complex in Coniston, a community in Sudbury, Ont., he only had $10 in hand to get the project started. He started the Coniston Non-Profit Seniors Housing Corporation 13 years ago, and in late 2023 finally opened a 55-unit building in the community. "We wanted to get a residence here, an apartment building, so that the people would stay in the community," said Lisk. With help from Bélanger Construction he was able to get the $18 million needed to build the apartment building, and secure a mortgage with the Canada Mortgage and Housing Corporation. Before the apartment building opened, Lisk said seniors in the community had few options to stay in the community after they moved out of their homes. Rents in the building range from around $1,200 to a little over $2,000 per month depending on the unit. Demand was so high when it opened that there's now a wait list to get in with 100 names on it. Sandra Fournier said as soon as she learned about the project she signed up for an apartment as soon as it would become available. "I didn't want to leave my hometown," she said. "I was born in Coniston. I won't tell you my age, but it was some time ago. And so I really, really wanted to stay in my community. And I'm so thrilled that this project got off the ground. And here we are." When Fournier and her husband moved into the apartment building they were able to sell their home to her great niece, Paige Eastwood, and her family. "I grew up going to Christmases and Easters and I always really admired their house and their community," Eastwood said. "We go for walks all the time. Everybody's very friendly. There's events at the church that we've attended so far." Like Fournier, Jane Rodriguez knew she wanted to move into the apartment complex as soon as it opened. "I always say to people, when I walk in here, I'm home," she said. "I'm living my second best life. My kids are very happy that I'm here." Rodriguez said she was living in a single family home on her own after her husband died. "I lived alone for a long time," she said. "Three floors, you know. You could easily fall down the stairs and nobody would find you for a day, which has sadly happened to people we actually know." Rodriguez said there's a strong sense of community in the building. "We do things for people in this community that you don't hear about in the big city," she said. Vic and Sharon Henderson say they feel that same sense of community living in the building. "The close proximity to all our childhood friends," Sharon said. "Like down the hall we share food, we share everything. We gather twice a week for different activities." Vic said Coniston is in his blood, and the seniors' apartment gave them a chance to stay in the community as they grow older.
