$LSK Why did it surge?
1. What is it?
Layer 2, primarily targeting high-growth markets such as Africa, Southeast Asia, and Latin America, supporting local Web3 projects through incubators, accelerators, and a $15 million fund.
2. What are the application scenarios?
a. Providing payment, identity verification, and financial service solutions for Africa, Southeast Asia, and Latin America.
b. Supporting Web3 builders through incubators and accelerators.
c. Supporting tokenized real asset investments like ENSC stablecoin (pegged to the Nigerian Naira).
d. Unlocking Ethereum L2 access for 160 million users in Asia, supporting fintech, NFTs, and merchant payments based on USDC/USDT QR codes.
3. Team nationalities
Switzerland, Japan, Africa, Latin America
4. Reason for the increase
Investors' recognition of its long-term value in emerging market Web3 infrastructure development.
